What's the average rent in Franklin, MI?
Rental Market Trends in Franklin, MI
Choose another city
SOURCE: TRULIA DATA
Rental market highlights
As of September 2026, the average rent in Franklin, MI is $4,800 per month, which is 146% higher than the national average rent of $1,948 per month.
AVERAGE RENT
$4,800
60.0%$1,800 increase month-over-month
9.1%$400 increase year-over-year
AVAILABLE RENTALS
3
APARTMENTS
HOUSES
TOWNHOUSES
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -43% compared to the previous year, which is a $1,900 decrease.
This year (2026)
Last year (2025)
Rent distribution
40% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $2,500 to $7,000.