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Apartments Under $1,200 in Franklin, IN

1 - 6 of 6 Results
13
$1,099
Franklin Place Apartments
2.6
1485 Franklin Place Ct Franklin, IN
1 BR | Available Now
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Dishwasher
Pool
61
$1,184
Founders Pointe Apartments
7505 Founders Way Franklin, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Fitness Center
42
$1,149
722 IN 144
Franklin, IN
1 BR | Jul. 9, 2026
Contact
Air Conditioning
Surface Parking
In Unit Laundry
16
$1,040
Parkside Apartments
180 E South St Franklin, IN
2 BR | Available Now
Contact
17
$1,150
399 N Main St Apt 1
Franklin, IN
2 BR | Ask for Availability
Contact
House
Dishwasher
10
$1,100
Newbury Pointe
501 Hammond Dr Edinburgh, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
1 - 6 of 6 Results
  1. Home
  2. Columbus, IN Area Apartments
  3. Franklin
  4. Apartments Under $1,200
Frequently Asked Questions

How many apartments under $1,200 are available in Franklin, IN on Rentable.co?

There are 6 apartments under $1,200 in Franklin currently available for rent on Rentable.co.

How many one-bedroom apartments under $1,200 are available in Franklin?

Rentable.co has 25 one-bedroom apartments under $1,200 available for rent in Franklin.

How many two-bedroom apartments under $1,200 are available in Franklin?

Rentable.co has 67 two-bedroom apartments under $1,200 available for rent in Franklin.

Can I afford a apartment under $1,200 in Franklin, IN?

To comfortably afford a apartment under $1,200 in Franklin based on average rent prices, a household would need an annual income of $46,000.

Apartments Under $1,200 in Franklin, IN: May Rental Information

Welcome to the May 2026 Franklin Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Franklin rental landscape.

Our experts analyze the inventory trends for apartments under $1,200 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Franklin and surrounding areas. This summary also provides an insight into available features and amenities, as well as location options for apartments under $1,200 in Franklin.

Whether you're a student looking for an affordable one-bedroom near Franklin College, or a young professional seeking a two-bedroom closer to downtown, this report can help you make informed decisions about your next rental in Franklin.
0 2 5 7 10 <$900 $920 $960 $1,000 $1,040 $1,080 $1,120 $1,160 $1,200 $1,240 $1,280 $1,320 $1,360 $1,400 $1,440 $1,480
This month, the typical cost to rent a one-bedroom apartment in Franklin stands at $1,180, with the majority falling between $1,100 and $1,270. Out of the 35 one-bedroom apartments currently on the market in Franklin, 23 are priced below $1,200, accounting for 66% of the total available one-bedroom units in Franklin.

Looking for Apartments Under $1,200 in Franklin?

Available apartments under $1,200 73
Top amenities Fitness Center, Washer / Dryer Connections, Refrigerator, Garbage Disposal, Range / Oven
Pet friendly 2
1 Bedroom 3
2 Bedroom 3
Square footage 600 - 875
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