Bedroom count
Property type
Last updated on October 22, 2026
Average rent in
Franklin, IN
Average rent in
Last updated on October 22, 2026
Bedroom count
Property type
Median rent
Median rent in Franklin
$1,685/mo
12%vs previous year
The average rent in Franklin is $1,685 per month as of October 2026. This is 11% below the national average rent, or $215 less per month.
average price per square foot
Total rentals
Available rentals in Franklin
35
for rent on Zumper.com as of October 2026
Rent price distribution
Share of Franklin rentals at each price point
Rent trends in Franklin, IN
Average rent prices in Franklin have decreased by 5% over the last month and have increased by 12% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Franklin, IN
Rent prices in Franklin vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Franklin is $1,200, whereas a house costs $1,876. 1-bedroom apartments in Franklin run $1,175 on average, while 2-bedroom apartments are $1,285.
Listings | ||||
|---|---|---|---|---|
Studio | $800 | No Change |  14% | |
1 bedroom | $1,175 | 53% | 17% | |
2 bedroom | $1,199 | No Change | 9% | |
3 bedroom | $1,765 | 1% | 8% | |
4 bedroom | $1,976 | 3% | 7% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Franklin, IN.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,200 | 3% | 2% | |
Houses | $1,876 | 4% | 14% |
Studio
Average rent
$800
Last year
14%
1 bedroom
Average rent
$1,175
Last 30 days
53%
Last year
17%
2 bedroom
Average rent
$1,199
Last 30 days
No Change
Last year
9%
3 bedroom
Average rent
$1,765
Last 30 days
1%
Last year
8%
4 bedroom
Average rent
$1,976
Last 30 days
3%
Last year
7%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Franklin, IN.
Apartments
Average rent
$1,200
Last 30 days
3%
Last year
2%
Houses
Average rent
$1,876
Last 30 days
4%
Last year
14%
The table above reflects average rent prices in Franklin, IN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Franklin, IN compare to other cities?
Compare median rent prices in Franklin and Avon by all bedroom counts and property types.
Franklin
11%lower than the national median
5%higher than the national median
Takeaway
The median rent for all rentals in Franklin, IN is 16% lower than the median rent in Avon, IN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,995
6%$1,731
20%$1,224
6%$1,675
$1,650
25%$1,680
6%$994
5%$1,208
68%$2,051
7%$992
5%$1,513
9%$1,997
14%Discover rentals in Franklin, IN
5d+ ago
Townhouse for rent in Franklin
2 beds
1 bath
$750
Price dropped $675Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Sep 28
12h ago
House for rent in Franklin
3 beds
1 bath
$850
Price dropped $800Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Oct 5
5d+ ago
Apartment for rent in Franklin
2 beds
1 bath
$979
Apartment for rent
Available Jan 7
5d+ ago
Apartment for rent in Franklin
2 beds
1 bath
$979
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
Available Jan 7
1h ago
Verified
3 beds
2.5 baths
$2,266
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Nov 10
1d ago
Verified
2 beds
1.5 baths
$2,195
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Nov 26
1h ago
Verified
3 beds
2.5 baths
$2,056
Price dropped $130Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Nov 14
5d+ ago
House for rent in Franklin
2 beds
1.5 baths
$1,400
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.House for rent
Available Sep 25
5d+ ago
160 Los Ranchos Dr, Franklin, IN 46131
2 beds
1 bath
$1,199
Apartment for rent
1d ago
Verified
2 beds
1.5 baths
$2,195
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Nov 26
2d ago
Verified
4 beds
2.5 baths
$1,990
Price dropped $160Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Sep 22
4d ago
Verified
3 beds
2 baths
$1,640
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Dec 21
5d+ ago
Verified
4 beds
2.5 baths
$1,815
Price dropped $185Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Oct 5
5d+ ago
Verified
4 beds
2 baths
$1,815
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Oct 9
5d+ ago
Verified
3 beds
2.5 baths
$1,745
Price dropped $135Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Oct 5
1h ago
Verified
4 beds
2.5 baths
$1,781
Price dropped $410Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Sep 24
1d ago
Verified
2 beds
1.5 baths
$2,195
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Nov 26
2d ago
Verified
4 beds
2.5 baths
$1,990
Price dropped $160Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Sep 22
5d+ ago
Verified
3 beds
2 baths
$1,885
Price dropped $165Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Oct 6
5d+ ago
Verified
3 beds
2.5 baths
$1,745
Price dropped $135Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Oct 5
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Frequently asked questions for Franklin, IN
Quick answers to common questions about the Franklin rental market.
How much is rent in Franklin?
The average rent in Franklin is $1,685 per month as of October 17, 2026.
Is rent up or down in Franklin?
Average rent prices in Franklin have decreased by 5% over the last month and have increased by 12% since last year.
How does Franklin rent compare to the national average?
Rent in Franklin is 11% below the national average, which means renters are paying approximately $215 less per month.
What salary do I need to afford rent in Franklin?
To comfortably afford rent in Franklin, you'd need to earn approximately $67,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Franklin?
April offers the best rental deals in Franklin, with rents running about 6% lower than peak summer months. July sees the highest rents, so timing your search for spring can save you money.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).