Bedroom count
Property type
Last updated on May 18, 2026
Last updated on May 18, 2026
Bedroom count
Property type
Franklin, TN rent is essentially flat year over year, with a current median of $2,300/month. Month over month, rents increased 3.5%, showing recent upward movement despite a small annual decline.
Franklin, TN rents run 18.0% more expensive than the $1,949/month national median, positioning the city in a higher price tier relative to many other markets.
Studios in Franklin, TN rent for about $1,734/month, 1-bedrooms around $1,774/month, and 2-bedrooms near $2,282/month. Larger units range up to $4,300/month for 4+ bedrooms. The market is weighted toward larger units, with 3- and 4+-bedroom rentals making up over half of total inventory.
Median rent in Franklin
$2,300/mo
vs previous year
The average rent in Franklin is $2,300 per month as of May 2026. This is 18% above the national average rent, or $351 more per month.
average price per square foot
Available rentals in Franklin
61
for rent on Zumper.com as of May 2026
Share of Franklin rentals at each price point
Average rent prices in Franklin have increased by 3% over the last month and have decreased by 1% 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 $2,183, whereas a house costs $3,500. 1-bedroom apartments in Franklin run $1,774 on average, while 2-bedroom apartments are $2,300.
Listings | ||||
|---|---|---|---|---|
Studio | $1,733 | 3% | 2% | |
1 bedroom | $1,774 | 1% | 2% | |
2 bedroom | $2,282 | 2% | 2% | |
3 bedroom | $3,073 | 3% | 2% | |
4 bedroom | $4,300 | 4% | 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, TN.
Listings | ||||
|---|---|---|---|---|
Apartments | $2,183 | 1% | No Change | |
Condos | $2,000 | 6% | No Change | |
Houses | $3,500 | 1% | No Change |
Studio
Average rent
$1,733
Last 30 days
3%
Last year
2%
1 bedroom
Average rent
$1,774
Last 30 days
1%
Last year
2%
2 bedroom
Average rent
$2,282
Last 30 days
2%
Last year
2%
3 bedroom
Average rent
$3,073
Last 30 days
3%
Last year
2%
4 bedroom
Average rent
$4,300
Last 30 days
4%
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, TN.
Apartments
Average rent
$2,183
Last 30 days
1%
Condos
Average rent
$2,000
Last 30 days
6%
Houses
Average rent
$3,500
Last 30 days
1%
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 41% 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 | 1% lower |
| Groceries | No difference |
| Health | 4% lower |
| Housing | 1% higher |
| Transportation | 9% 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 $2,300 per month as of May 16, 2026.
Average rent prices in Franklin have increased by 3% over the last month and have decreased by 1% since last year.
Rent in Franklin is 18% above the national average, which means renters are paying approximately $351 more per month.
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.
Franklin, TN one-bedroom apartments averaged around $1,800 per month in 2025, while two-bedroom units averaged around $2,400 monthly. These figures reflect the current market conditions across different apartment sizes in the area.
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).