What's the average rent in Franklin, NC?

Rental Market Trends in Franklin, NC

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SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Franklin, NC is $1,500 per month, which is 21% lower than the national average rent of $1,910 per month.

AVERAGE RENT

$1,500

-21.1%-$400 decrease month-over-month

-31.8%-$700 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,049

HOUSES

$1,695

TOWNHOUSES

$2,000

As of May 2026, apartments are the most affordable rental option in Franklin, NC at $1,049 per month, while townhomes are the most expensive at $2,000 per month. Houses average $1,695 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$950
2 Bedrooms	$1,395
3 Bedrooms	$2,000
4 Bedrooms	—
All	$1,500

As of May 2026, the average rent for a 1 bedroom rental in Franklin, NC is $950 per month, followed by $1,395 for a 2 bedroom rental, and $2,000 for a 3 bedroom rental.

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

Floor plan type	Average rent
1 Bedroom	$900
2 Bedrooms	$1,300
3 Bedrooms	$1,600
4 Bedrooms	—
All	$950

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

Floor plan type	Average rent
1 Bedroom	$1,200
2 Bedrooms	$1,395
3 Bedrooms	$2,400
4 Bedrooms	—
All	$1,695

As of May 2026, the average rent for a 1 bedroom house in Franklin, NC is $1,200 per month, followed by $1,395 for a 2 bedroom house, and $2,400 for a 3 bedroom house.