Bedroom count
Property type
Last updated on June 8, 2026
Last updated on June 8, 2026
Bedroom count
Property type
Median rent in Franklin
$1,792/mo
vs previous year
The average rent in Franklin is $1,792 per month as of June 2026. This is 8% below the national average rent, or $157 less per month.
average price per square foot
Available rentals in Franklin
27
for rent on Zumper.com as of June 2026
Share of Franklin rentals at each price point
Average rent prices in Franklin have increased by 2% over the last month and have increased by 16% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Franklin vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Franklin is $1,545, whereas a house costs $1,850. 1-bedroom apartments in Franklin run $900 on average, while 2-bedroom apartments are $1,040.
Listings | ||||
|---|---|---|---|---|
Studio | $875 | No Change | 9% | |
1 bedroom | $1,275 | 14% | 23% | |
2 bedroom | $1,429 | 7% | 32% | |
3 bedroom | $1,825 | 1% | 3% | |
4 bedroom | $2,200 | 1% | 1% |
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 | $1,545 | 2% | No Change | |
Houses | $1,850 | 1% | No Change |
Studio
Average rent
$875
Last year
9%
1 bedroom
Average rent
$1,275
Last 30 days
14%
Last year
23%
2 bedroom
Average rent
$1,429
Last 30 days
7%
Last year
32%
3 bedroom
Average rent
$1,825
Last 30 days
1%
Last year
3%
4 bedroom
Average rent
$2,200
Last 30 days
1%
Last year
1%
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
$1,545
Last 30 days
2%
Houses
Average rent
$1,850
Last 30 days
1%
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.
Compare median rent prices in Franklin and Avon by all bedroom counts and property types.
Franklin
lower than the national median
lower than the national median
Takeaway
The median rent for all rentals in Franklin, IN is 7% lower than the median rent in Avon, IN.
Explore rent trends in neighboring markets
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
Quick answers to common questions about the Franklin rental market.
The average rent in Franklin is $1,792 per month as of June 6, 2026.
Average rent prices in Franklin have increased by 2% over the last month and have increased by 16% since last year.
Rent in Franklin is 8% below the national average, which means renters are paying approximately $157 less per month.
To comfortably afford rent in Franklin, you'd need to earn approximately $72,000/year, based on spending no more than 30% of your income on rent.
Franklin's 2025 rental market shows one-bedroom apartments averaging around $980 per month, while two-bedroom units average around $1,200 per month. One-bedroom rents declined 10.3% from the previous year, and two-bedroom rents dropped 6.5% year over year.
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).