What's the average rent in Franklin, KY?

Rental Market Trends in Franklin, KY

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Franklin, KY is $1,350 per month, which is 31% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$1,350

-3.2%-$45 decrease month-over-month

-26.0%-$475 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,126

HOUSES

$1,600

TOWNHOUSES

$1,350

As of September 2026, apartments are the most affordable rental option in Franklin, KY at $1,126 per month, while houses are the most expensive at $1,600 per month. Townhomes average $1,350 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	$1,100
3 Bedrooms	$1,500
4 Bedrooms	$2,050
All	$1,350

As of September 2026, the average rent for a 1 bedroom rental in Franklin, KY is $900 per month, followed by $1,100 for a 2 bedroom rental, $1,500 for a 3 bedroom rental, and $2,050 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,150
3 Bedrooms	$1,350
4 Bedrooms	—
All	$1,350

As of September 2026, the average rent for a 2 bedroom townhome in Franklin, KY is $1,150 per month, followed by $1,350 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$806
2 Bedrooms	$1,100
3 Bedrooms	$1,395
4 Bedrooms	—
All	$1,145

As of September 2026, the average rent for a 1 bedroom apartment in Franklin, KY is $806 per month, followed by $1,100 for a 2 bedroom apartment, and $1,395 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,095
3 Bedrooms	$1,650
4 Bedrooms	$2,050
All	$1,600

As of September 2026, the average rent for a 2 bedroom house in Franklin, KY is $1,095 per month, followed by $1,650 for a 3 bedroom house, and $2,050 for a 4 bedroom house.