Last updated on June 5, 2026

Average rent in
Franklin, VA

Median rent

Median rent in Franklin

$1,600/mo

increased by33%

vs previous year

The average rent in Franklin is $1,600 per month as of June 2026. This is 18% below the national average rent, or $350 less per month.

$1.23

average price per square foot

Total rentals

Available rentals in Franklin

14

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Franklin rentals at each price point

50%38%25%13%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Franklin, VA, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Franklin, VA

Average rent prices in Franklin have decreased by 5% over the last month and have increased by 33% 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, VA

Rent prices in Franklin vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Franklin is $1,363, whereas a house costs $1,900. 1-bedroom apartments in Franklin run $1,150 on average, while 2-bedroom apartments are $1,325.

Listings

Studio

$1,535

-

3%

1 bedroom

$1,100

4%

-

2 bedroom

$1,250

12%

24%

3 bedroom

$2,150

5%

61%

4 bedroom

$2,500

No Change

64%

Studio

Average rent

$1,535

Last year

3%

1 bedroom

Average rent

$1,100

Last 30 days

4%

2 bedroom

Average rent

$1,250

Last 30 days

12%

Last year

24%

3 bedroom

Average rent

$2,150

Last 30 days

5%

Last year

61%

4 bedroom

Average rent

$2,500

Last year

64%

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

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

Franklin

Median rent price$1,600
decreased by18%

lower than the national median

Median rent price$1,825
decreased by6%

lower than the national median

Takeaway

The median rent for all rentals in Franklin, VA is 12% lower than the median rent in Camden, NC.

Discover rentals in Franklin, VA

231 Crescent Dr - Photo 1 of 1

5d+ ago

House for rent in Franklin

231 Crescent Drive - 1

231 Crescent Dr, Franklin, VA 23851

3 beds

2 baths

$1,900

House for rent

Available Jun 1

107 N High St - Photo 1 of 1

1d ago

House for rent in Franklin

5 beds

3 baths

$2,800

House for rent

Stay up to date with rental market insights

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Frequently asked questions for Franklin, VA

Quick answers to common questions about the Franklin rental market.

How much is rent in Franklin?

The average rent in Franklin is $1,600 per month as of June 4, 2026.

Is rent up or down in Franklin?

Average rent prices in Franklin have decreased by 5% over the last month and have increased by 33% since last year.

How does Franklin rent compare to the national average?

Rent in Franklin is 18% below the national average, which means renters are paying approximately $350 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 $64,000/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).

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