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Cheap Apartments for Rent in Franklin, OH - 36 Rentals available

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Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RENTCafé, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Frequently Asked Questions

What is the average size of a cheap apartment in Franklin, OH?

The average Franklin, OH cheap apartment size is 576 sq. ft.

What are the advantages of renting a cheap apartment in Franklin, OH?

Cheap apartments in Franklin, OH are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Franklin, OH?

A cheap apartment in Franklin, OH offers little storage space and fewer amenities compared to other apartments. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Franklin, OH.

Franklin, OH Demographics

  • Total Population11,705
  • Female 5,824
    Male 5,881
  • Median Age39.2

Average Rent in Franklin, OH

  • Franklin, OH Average Rental Price, May 2021 $756 /mo

Franklin, OH Apartment Rent Ranges

  • < $5005%
  • $501-$70024%
  • $701-$1,00069%
  • $1,001-$1,5001%

Franklin, OH Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 May / 2021
Franklin, OH $639 $639 $662 $669 $712 $715 $713 $732 $745 $756
National $1,313 $1,344 $1,353 $1,358 $1,390 $1,397 $1,399 $1,390 $1,393 $1,407

Franklin, OH Households

  • Total Number of Households4,952
  • Family 3,214
    Non-family 1,738
  • Children 1,388
    No Children 3,564
  • Average People Per Household2.34
  • Median Household Income$51,337
  • Median Housing Costs Per Month$836

Franklin, OH Education Statistics

  • No High School4%
  • Some High School57%
  • Some College22%
  • Associate Degree6%
  • Bachelor Degree8%
  • Graduate Degree4%

Looking for a cheap apartment for rent in Franklin, OH? With RENTCafé, finding an affordable apartment in Franklin, OH has never been easier. We feature 36 low-priced rentals directly from property managers, with rents lower than the Franklin, OH average. What is a cheap rent in Franklin, OH? The average apartment rent in Franklin is $756 per month so any rental south of $605 would be considered cheap here. On RENTCafé, Franklin, OH rents go as low as $669/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!