Bedroom count
Property type
Last updated on August 21, 2026
Last updated on August 21, 2026
Bedroom count
Property type
Franklin, TN rent slipped 3.9% year over year to a current median of $2,345/month. The $23/month difference from last year is negligible and rents have cooled slightly.
Franklin is 21.8% more expensive than the $1,925/month national median, placing it above the national average in rental costs for this market size. This positions Franklin as a pricier metro for renters seeking value.
Studios in Franklin run around $1,796/month, 1-bedrooms around $1,717/month, 2-bedrooms around $2,364/month, 3-bedrooms around $3,075/month, and 4+ bedrooms reach $4,500/month, offering a wide range of options for different renter needs.
Median rent in Franklin
$2,345/mo
vs previous year
The average rent in Franklin is $2,345 per month as of August 2026. This is 22% above the national average rent, or $420 more per month.
average price per square foot
Available rentals in Franklin
54
for rent on Zumper.com as of August 2026
Share of Franklin rentals at each price point
Average rent prices in Franklin have decreased by 1% over the last month and have decreased by 4% 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 $2,080, whereas a house costs $3,500. 1-bedroom apartments in Franklin run $1,728 on average, while 2-bedroom apartments are $2,269.
Listings | ||||
|---|---|---|---|---|
Studio | $1,795 | 13% | 2% | |
1 bedroom | $1,717 | 1% | 5% | |
2 bedroom | $2,364 | 3% | 1% | |
3 bedroom | $3,075 | 2% | No Change | |
4 bedroom | $4,500 | 11% | 6% |
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, TN.
Listings | ||||
|---|---|---|---|---|
Apartments | $2,080 | No Change | No Change | |
Condos | $1,800 | 1% | No Change | |
Houses | $3,500 | No Change | No Change |
Studio
Average rent
$1,795
Last 30 days
13%
Last year
2%
1 bedroom
Average rent
$1,717
Last 30 days
1%
Last year
5%
2 bedroom
Average rent
$2,364
Last 30 days
3%
Last year
1%
3 bedroom
Average rent
$3,075
Last 30 days
2%
Last year
No Change
4 bedroom
Average rent
$4,500
Last 30 days
11%
Last year
6%
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, TN.
Apartments
Average rent
$2,080
Last 30 days
No Change
Condos
Average rent
$1,800
Last 30 days
1%
Houses
Average rent
$3,500
Last 30 days
No Change
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.
Compare median rent prices in Franklin and Brentwood by all bedroom counts and property types.
Franklin
higher than the national median
higher than the national median
Takeaway
The median rent for all rentals in Franklin, TN is 13% lower than the median rent in Brentwood, TN.
Explore rent trends in neighboring markets
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 & Services | 2% lower |
| Groceries | No difference |
| Health | 8% lower |
| Housing | 2% higher |
| Transportation | 10% lower |
| Utilities | 2% lower |
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 $2,345 per month as of August 15, 2026.
Average rent prices in Franklin have decreased by 1% over the last month and have decreased by 4% since last year.
Rent in Franklin is 22% above the national average, which means renters are paying approximately $420 more per month.
To comfortably afford rent in Franklin, you'd need to earn approximately $94,000/year, based on spending no more than 30% of your income on rent.
October offers the lowest rents in Franklin, running about 8% below August prices, which see the highest rent of the 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).