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Apartments Under $1,200 in Franklin, IN

1 - 4 of 4 Results
13
$1,073 - 1,114
Franklin Place Apartments
2.6
1485 Franklin Place Ct Franklin, IN
1 - 2 BR | Available Now
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Dishwasher
Pool
15
$1,150
399 E Madison St Unit 2
Franklin, IN
2 BR | Available Now
Contact
1
$1,100
Trafalgar Pointe Apartments
703 W Trafalgar Pointe Way Trafalgar, IN
1 BR | Jun. 10, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
16
$1,040
Parkside Apartments
180 E South St Franklin, IN
2 BR | Available Now
Contact
1 - 4 of 4 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 4 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 13 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 42 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 $44,000.

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

Welcome to the March 2026 Franklin Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 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
This month, the typical cost to rent a one-bedroom apartment in Franklin stands at $1,240, with the majority falling between $1,070 and $1,350. Out of the 19 one-bedroom apartments currently on the market in Franklin, 13 are priced below $1,200, accounting for 68% of the total available one-bedroom units in Franklin.

Looking for Apartments Under $1,200 in Franklin?

Available apartments under $1,200 77
Top amenities Dishwasher, On Site Laundry, Washer / Dryer Connections, Refrigerator, Garbage Disposal
Pet friendly 2
1 Bedroom 3
2 Bedroom 5
Square footage 600 - 1,019
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