Average Rent in Franklin, OH and Rent Price Trends

Rent trends in Franklin, OH

Average rent prices in Franklin have increased by 1% over the last month and have decreased by 1% 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, OH

Rent prices in Franklin vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Franklin is $1,165, whereas a house costs $1,757. 1-bedroom apartments in Franklin run $973 on average, while 2-bedroom apartments are $1,195.


Studio	$625	14%	31%
1 bedroom	$1,260	2%	26%
2 bedroom	$1,195	1%	2%
3 bedroom	$1,725	2%	25%
4 bedroom	$4,200	36%	40%


Apartments	$1,165	1%	No Change
Condos	$900	5%	-
Houses	$1,757	3%	No Change

Studio

Average rent

$625

Last 30 days

14%

Last year

31%

1 bedroom

Average rent

$1,260

Last 30 days

Last year

26%

2 bedroom

Average rent

$1,195

Last 30 days

Last year

3 bedroom

Average rent

$1,725

Last 30 days

Last year

25%

4 bedroom

Average rent

$4,200

Last 30 days

36%

Last year

40%

The table above reflects average rent prices in Franklin, OH, 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, OH compare to other cities?

Compare median rent prices in Franklin and Fairfield by all bedroom counts and property types.

Franklin

Median rent price$1,182

38%

lower than the national median

Median rent price$1,495

21%

lower than the national median

Takeaway

The median rent for all rentals in Franklin, OH is 21% lower than the median rent in Fairfield, OH.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,495

$1,650

$2,742

$2,385

$1,358

$980

$1,958

$1,895

$2,185

$1,168

West Chester Township

$1,710

$1,100

Discover rentals in Franklin, OH

23 South River Street, Unit 5 - Photo 1 of 1

1h ago

7.2

Very good

23 South River Street, Unit 5

23 S River St, Franklin, OH 45005

2 beds

1 bath

$724

5d+ ago

Apartment for rent in Franklin

243 S Main St #3, Franklin, OH 45005

2 beds

1 bath

$850

5d+ ago

Apartment for rent in Franklin

601 Moses Dr #2-2, Franklin, OH 45005

2 beds

2 baths

$995

5d+ ago

House for rent in Franklin

28 Moore Dr, Franklin, OH 45005

3 beds

1.5 baths

$1,595

Stay up to date with rental market insights

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Frequently asked questions for Franklin, OH

Quick answers to common questions about the Franklin rental market.

How much is rent in Franklin?

The average rent in Franklin is $1,182 per month as of September 12, 2026.

Is rent up or down in Franklin?

Average rent prices in Franklin have increased by 1% over the last month and have decreased by 1% since last year.

How does Franklin rent compare to the national average?

Rent in Franklin is 38% below the national average, which means renters are paying approximately $717 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 $47,000/year, based on spending no more than 30% of your income on rent.

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).