What's the average rent in Franklin, NC?

Rental Market Trends in Franklin, NC

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Franklin, NC is $1,600 per month, which is 18% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,600

10.3%$150 increase month-over-month

-27.3%-$600 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,050

HOUSES

$1,900

TOWNHOUSES

$1,700

As of June 2026, apartments are the most affordable rental option in Franklin, NC at $1,050 per month, while houses are the most expensive at $1,900 per month. Townhomes average $1,700 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,500
2 Bedrooms	$1,300
3 Bedrooms	$2,200
4 Bedrooms	$1,900
All	$1,600

As of June 2026, the average rent for a 1 bedroom rental in Franklin, NC is $1,500 per month, followed by $1,300 for a 2 bedroom rental, $2,200 for a 3 bedroom rental, and $1,900 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,850
3 Bedrooms	$1,700
4 Bedrooms	—
All	$1,700

As of June 2026, the average rent for a 2 bedroom townhome in Franklin, NC is $1,850 per month, followed by $1,700 for a 3 bedroom townhome.

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

As of June 2026, the average rent for a 2 bedroom apartment in Franklin, NC is $1,200 per month, followed by $2,200 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,500
2 Bedrooms	$1,600
3 Bedrooms	$2,300
4 Bedrooms	$1,900
All	$1,900

As of June 2026, the average rent for a 1 bedroom house in Franklin, NC is $1,500 per month, followed by $1,600 for a 2 bedroom house, $2,300 for a 3 bedroom house, and $1,900 for a 4 bedroom house.