What's the average rent in Franklin, KY?

Rental Market Trends in Franklin, KY

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Franklin, KY is $1,250 per month, which is 35% lower than the national average rent of $1,910 per month.

AVERAGE RENT

$1,250

-3.8%-$50 decrease month-over-month

-10.7%-$150 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,072

HOUSES

$1,900

TOWNHOUSES

$1,950

As of May 2026, apartments are the most affordable rental option in Franklin, KY at $1,072 per month, while townhomes are the most expensive at $1,950 per month. Houses average $1,900 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$900
2 Bedrooms	$1,050
3 Bedrooms	$1,425
4 Bedrooms	$2,199
All	$1,250

As of May 2026, the average rent for a 1 bedroom rental in Franklin, KY is $900 per month, followed by $1,050 for a 2 bedroom rental, $1,425 for a 3 bedroom rental, and $2,199 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$850
2 Bedrooms	$1,000
3 Bedrooms	$1,200
4 Bedrooms	—
All	$1,085

As of May 2026, the average rent for a 1 bedroom apartment in Franklin, KY is $850 per month, followed by $1,000 for a 2 bedroom apartment, and $1,200 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,300
3 Bedrooms	$1,900
4 Bedrooms	$2,199
All	$1,900

As of May 2026, the average rent for a 2 bedroom house in Franklin, KY is $1,300 per month, followed by $1,900 for a 3 bedroom house, and $2,199 for a 4 bedroom house.