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Apartments under $1,500 for Rent in Franklin, IN

41 Rentals
  1. Building Photo - 100 W King St
    2 BEDS, 2 BATHS
    $1,500
    Total Monthly Price Total Monthly Price New
    Base Rent$1,500
    Required Monthly FeesNone
    Total Monthly Price$1,500

    100 W King St

    100 W King St, Franklin, IN 46131
  2. 2 BEDS
    $1,424+
    3 BEDS
    $1,499+

    Brixin Franklin

    1600 Traditions Ct, Franklin, IN 46131

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Franklin at a Glance

Average Rent

$1,205
(All bedrooms and property types)
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Average Rent in Franklin
5

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out of 10 Rating
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Schools in Franklin

Franklin, IN Apartments for Rent

Located just 20 miles south of Indianapolis, Franklin, Indiana combines historic architecture with everyday conveniences. The city's downtown features brick streets and landmark buildings, including the Johnson County Courthouse and the Artcraft Theatre, which continues to show movies and host events. Franklin College, which made history as Indiana's first college to admit women, adds to the educational landscape of this community of approximately 25,300 residents. The city offers convenient access to Indianapolis via I-65 and U.S. 31.

Franklin's rental market includes apartments at various price points, with one-bedroom apartments averaging around $1,159 per month. The city features several miles of walking trails that connect parks, community centers, the Franklin Branch of the Johnson County Public Library, and the Franklin Family Aquatic Center. The area's employment opportunities include manufacturing facilities operated by Toyota, NSK, KYB, and Mitsubishi. With its historic architecture, educational resources, and location near Indianapolis, Franklin offers residents a mix of small-town atmosphere and city accessibility.

Renting in Franklin

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Public Elementary School

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Grades K-5
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Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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