Last updated on October 13, 2026

Average rent in
Franklin, WI

Median rent

Median rent in Franklin

$1,662/mo

increased by3%

vs previous year

The average rent in Franklin is $1,662 per month as of October 2026. This is 12% below the national average rent, or $237 less per month.

$1.59

average price per square foot

Total rentals

Available rentals in Franklin

16

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Franklin rentals at each price point

45%34%23%11%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Franklin, WI

Average rent prices in Franklin have increased by 2% over the last month and have increased by 3% 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, WI

Rent prices in Franklin vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Franklin is $1,647, whereas a house costs $2,472. 1-bedroom apartments in Franklin run $1,230 on average, while 2-bedroom apartments are $1,725.

Listings

Studio

$1,400

-

44%

1 bedroom

$1,337

2%

3%

2 bedroom

$1,570

5%

2%

3 bedroom

$2,395

2%

3%

4 bedroom

$4,350

93%

-

Studio

Average rent

$1,400

Last year

44%

1 bedroom

Average rent

$1,337

Last 30 days

2%

Last year

3%

2 bedroom

Average rent

$1,570

Last 30 days

5%

Last year

2%

3 bedroom

Average rent

$2,395

Last 30 days

2%

Last year

3%

4 bedroom

Average rent

$4,350

Last 30 days

93%

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

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

Franklin

Median rent price$1,662
decreased by13%

lower than the national median

Median rent price$1,695
decreased by11%

lower than the national median

Takeaway

The median rent for all rentals in Franklin, WI is 2% lower than the median rent in Brown Deer, WI.

Discover rentals in Franklin, WI

6361 S 27th St MFG homes Franklin - Photo 1 of 1

1d ago

8.3

Very good

6361 S 27th St MFG homes Franklin

6361 S 27th St, Franklin, WI 53132

3 beds

1 bath

$1,300

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Parkwood Lake Apartments - Photo 1 of 1

22h ago

8.4

Very good

Parkwood Lake Apartments

6801 S 68th St, Franklin, WI 53132

2 beds

2 baths

$1,555

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
10314 W Beacon Hill Dr - Photo 1 of 1

5d+ ago

House for rent in Franklin

3 beds

1.5 baths

$2,300

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

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, WI

Quick answers to common questions about the Franklin rental market.

How much is rent in Franklin?

The average rent in Franklin is $1,662 per month as of October 10, 2026.

Is rent up or down in Franklin?

Average rent prices in Franklin have increased by 2% over the last month and have increased by 3% since last year.

How does Franklin rent compare to the national average?

Rent in Franklin is 13% below the national average, which means renters are paying approximately $237 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 $67,000/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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