Last updated on October 7, 2026

Average rent in
Franklin, TN

Key takeaways for renters

  • The bottom line

    Rent in Franklin, TN is essentially flat year over year, with a current median of $2,295/month. The slight change does not represent a meaningful increase or decrease compared to last year.

  • Franklin rents run 20.8% more expensive than the $1,900/month national median, placing it above average in cost among U.S. metros with a small total rental inventory of 60 units.

  • Rent ranges by bedroom

    Studios in Franklin command a median rent of $3,600/month, 1-bedrooms are around $1,734/month, and 2-bedrooms sit near $2,249/month. Larger units like 3-bedrooms and 4+ bedrooms rent for $3,200/month and $4,750/month respectively.

Median rent

Median rent in Franklin

$2,295/mo

Flat

vs previous year

The average rent in Franklin is $2,295 per month as of October 2026. This is 21% above the national average rent, or $395 more per month.

$1.59

average price per square foot

Total rentals

Available rentals in Franklin

60

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Franklin rentals at each price point

65%49%33%16%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Franklin, TN

Average rent prices in Franklin have remained the same over the last month and have remained the same 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, TN

Rent prices in Franklin vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Franklin is $2,079, whereas a house costs $3,550. 1-bedroom apartments in Franklin run $1,760 on average, while 2-bedroom apartments are $2,252.

Listings

Studio

$3,600

2%

88%

1 bedroom

$1,733

2%

3%

2 bedroom

$2,249

1%

1%

3 bedroom

$3,200

2%

8%

4 bedroom

$4,750

No Change

24%

Studio

Average rent

$3,600

Last 30 days

2%

Last year

88%

1 bedroom

Average rent

$1,733

Last 30 days

2%

Last year

3%

2 bedroom

Average rent

$2,249

Last 30 days

1%

Last year

1%

3 bedroom

Average rent

$3,200

Last 30 days

2%

Last year

8%

4 bedroom

Average rent

$4,750

Last 30 days

No Change

Last year

24%

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

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

Franklin

Median rent price$2,295
increased by21%

higher than the national median

Median rent price$3,300
increased by74%

higher than the national median

Takeaway

The median rent for all rentals in Franklin, TN is 30% lower than the median rent in Brentwood, TN.

Cost of living in Franklin, TN

Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.

Expenses
accrued by most renters
Average cost
compared to national average
Goods & Services1% lower
Groceries2% lower
Health3% lower
Housing1% lower
Transportation1% lower
Utilities1% lower

Discover rentals in Franklin, TN

Wyndchase Aspen Grove - Photo 1 of 1
Rent special

18h ago

9.3

Excellent

Our team has verified this company

Verified

Wyndchase Aspen Grove

3100 Aspen Grove Dr, Franklin, TN 37067

1–3 beds

1–2 baths

$1,317–$4,549

Price drop

Call

613 Hillsboro Rd #A18 - Photo 1 of 1

5d+ ago

Condo for rent in Franklin

2 beds

1 bath

$1,500

$1,425

Price drop

613 Hillsboro Rd #C27 - Photo 1 of 1

1d ago

House for rent in Franklin

Cute and cozy, 2 Bedroom/1 Bath in the heart of Franklin, TN!

613 Hillsboro Rd #C27, Franklin, TN 37064

2 beds

1 bath

$1,495

Harpeth River Oaks - Photo 1 of 1
Highly rated

21h ago

9.9

Excellent

Our team has verified this company

Verified

Harpeth River Oaks

1000 Champions Cir, Franklin, TN 37064

1–3 beds

1–2 baths

$1,626–$6,781

Call

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Franklin, TN

Quick answers to common questions about the Franklin rental market.

How much is rent in Franklin?

The average rent in Franklin is $2,295 per month as of October 3, 2026.

Is rent up or down in Franklin?

Average rent prices in Franklin have remained the same over the last month and have remained the same since last year.

How does Franklin rent compare to the national average?

Rent in Franklin is 21% above the national average, which means renters are paying approximately $395 more per month.

What salary do I need to afford rent in Franklin?

To comfortably afford rent in Franklin, you'd need to earn approximately $92,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Franklin?

October offers the lowest rents in Franklin, running about 8% below August prices, which see the highest rent of the year.

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).

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