Updated 12 Hours Ago
Highlights
Pet Friendly
- Black appliances
- Washer/dryer hookups
- Spacious living room
- Renovated unit
- Newer countertops
- Central air
Location
278 Walnut St #2, Franklin, IN 46131, USA
Tour 278 Walnut St #2
Contact
TMA Management
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Property Overview
Renovated unit with newer countertops, black appliances, and central air offers a fresh, comfortable feel. The spacious living room and washer/dryer hookups add everyday convenience and flexibility.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Middle school nearby
- Elementary school nearby
Great for
Pet owners
Amenities for 278 Walnut St #2
Features
| Carpet | Ceiling Fan |
| Forced Air | Hardwood Floor |
| Off Street |
Appliances
| Garbage Disposal | In-Unit Laundry |
| Range/Oven | Refrigerator |
Community
| Cats OK | Dogs OK |
| Laundry Hookups | Onsite Laundry |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
About 278 Walnut St #2
***MOVE IN SPECIAL OF $675 FOR November!!!!! RENOVATED unit with 2 bedroom, 1 bathroom in sought after downtown Franklin! This contemporary unit offers newer countertops, black appliances, washer/dryer hookups, central air, and more. The highly desirable floor plan consists of 2 large bedrooms, a spacious living room, and newer shower/tub! Combined that with all the updates and the great location makes this the perfect place for you! Located at the corner of Walnut and Adams makes it easy for residents to enjoy all the activities downtown Franklin offers! Section 8 accepted. ****$1,350 after 1st months move in special.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 278 Walnut St, Franklin, IN 46131, USA compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Middle school nearby
- There is a middle school 0.3 miles away
- Elementary school nearby
- There is an elementary school 0.5 miles away
- Images available
- There are at least 10 photos of this address
Address details
| Zip code | 46131 |
|---|---|
| Type | House for rent |
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Rent trends in Franklin
2-bedroom apartments at 278 Walnut St #2 cost about 37% less than the average rent price for 2-bedroom apartments in Franklin.
Median rents as of Nov 7 2026.
Franklin
| Month | Median Rent |
|---|---|
| November 2024 | $1,299 |
| December 2024 | $1,500 |
| January 2025 | $1,362 |
| February 2025 | $1,293 |
| March 2025 | $1,136 |
| April 2025 | $1,050 |
| May 2025 | $1,050 |
| June 2025 | $1,056 |
| July 2025 | $1,210 |
| August 2025 | $1,221 |
| September 2025 | $1,250 |
| October 2025 | $1,256 |
| November 2025 | $1,277 |
| December 2025 | $1,296 |
| January 2026 | $1,212 |
| February 2026 | $1,157 |
| March 2026 | $1,228 |
| April 2026 | $1,278 |
| May 2026 | $1,253 |
| June 2026 | $1,306 |
| July 2026 | $1,316 |
| August 2026 | $1,206 |
| September 2026 | $1,199 |
| October 2026 | $1,200 |
| November 2026 | $1,200 |
Affordability calculator
Can I afford to live at 278 Walnut St #2?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$30,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $30,000 annually to afford this 2-bedrooms monthly rent price of $750.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 3 Beds, 1 Bath | This month | $775 | 3 bed | 1 bath | |
| 2 months ago | $1,300 | 2 bed | 1 bath | ||
| 5 months ago | $1,300 | 2 bed | 1 bath | ||
| 6 months ago | $1,300 | 2 bed | 1 bath | ||
| 8 months ago | $1,300 | 2 bed | 1 bath | ||
| 1 year ago | $1,350 | 3 bed | 1 bath | ||
| 2 years ago | $1,145 | 3 bed | 0 bath | ||
| 3 Beds, 1 Bath | 2 years ago | $1,145 | 3 bed | 1 bath |
Schools near 278 Walnut St #2
Northwood Elementary School
965 grizzly cub dr
franklin, IN, 46131
PK, K-4Public
B+
Ray Crowe Elementary
1300 ray crowe way
greenwood, IN, 46143
K-5Public
B
Walnut Grove Elementary School
4079 north morgantown rd
bargersville, IN, 46106
K-5Public
A
Family Development Services - Southeast Head Start
4024 south madison ave
indianapolis, IN, 46227
PKPublic
Rise Learning Center
5391 s shelby st
indianapolis, IN, 46227
PK, K-12Public
Neighborhood
Getting around Franklin near 278 Walnut St #2
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 278 Walnut St #2, Franklin
Groceries
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
6/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
5/10
Variety of cafés within a short drive
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
7/10
Wide variety of bars within a short drive, including some within walking distance
Other units at this address
278 Walnut St, Franklin, IN
278 Walnut St Franklin, IN
Occupied
3
2 Beds
1 Bath
$1,300
Ceiling Fan • On-Site Laundry • Hardwood Floor • In-Unit Laundry
Occupied
5
2 Beds
1 Bath
$1,300
Ceiling Fan • On-Site Laundry • Hardwood Floor • In-Unit Laundry
Occupied
6
2 Beds
1 Bath
$1,300
Ceiling Fan • On-Site Laundry • Hardwood Floor • In-Unit Laundry
Occupied
7
2 Beds
1 Bath
$1,300
Ceiling Fan • On-Site Laundry • Hardwood Floor • In-Unit Laundry
Occupied
4
2 Beds
1 Bath
$1,300
Ceiling Fan • On-Site Laundry • Hardwood Floor • In-Unit Laundry
Occupied
3 Beds, – Baths
3 Beds
– Baths
$1,145
Occupied
3 Beds, 1 Bath
3 Beds
1 Bath
$1,350
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