What's the average rent in Franklin, NC?

Rental Market Trends in Franklin, NC

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Franklin, NC is $1,900 per month, which is 3% lower than the national average rent of $1,965 per month.

AVERAGE RENT

$1,900
26.7%
$400 increase month-over-month
-4.8%
-$95 decrease year-over-year

AVAILABLE RENTALS

24

APARTMENTS

$1,200

HOUSES

$2,200

TOWNHOUSES

$2,000
As of August 2026, apartments are the most affordable rental option in Franklin, NC at $1,200 per month, while houses are the most expensive at $2,200 per month. Townhomes average $2,000 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,450
2 Bedrooms$1,500
3 Bedrooms$2,630
4 Bedrooms$2,600
All$1,900
As of August 2026, the average rent for a 1 bedroom rental in Franklin, NC is $1,450 per month, followed by $1,500 for a 2 bedroom rental, $2,630 for a 3 bedroom rental, and $2,600 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +25% compared to the previous year, which is a +$400 increase.
This year (2026)
Last year (2025)

Rent distribution

37% of rentals have rent of $2,200-$2,999/month

Rental price range

The price range for rentals is $350 to $4,250.
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