What's the average rent in Franklin, NC?

Rental Market Trends in Franklin, NC

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Franklin, NC is $1,600 per month, which is 18% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$1,600

-15.8%-$300 decrease month-over-month

-17.9%-$350 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,600

HOUSES

$1,600

TOWNHOUSES

$1,475

As of September 2026, townhomes are the most affordable rental option in Franklin, NC at $1,475 per month, while houses are the most expensive at $1,600 per month. Apartments average $1,600 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,300
2 Bedrooms	$1,500
3 Bedrooms	$2,100
4 Bedrooms	—
All	$1,600

As of September 2026, the average rent for a 1 bedroom rental in Franklin, NC is $1,300 per month, followed by $1,500 for a 2 bedroom rental, and $2,100 for a 3 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,400
2 Bedrooms	$1,475
3 Bedrooms	$1,900
4 Bedrooms	—
All	$1,475

As of September 2026, the average rent for a 1 bedroom townhome in Franklin, NC is $1,400 per month, followed by $1,475 for a 2 bedroom townhome, and $1,900 for a 3 bedroom townhome.

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

As of September 2026, the average rent for a 1 bedroom apartment in Franklin, NC is $1,600 per month, followed by $1,500 for a 2 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,200
2 Bedrooms	$1,500
3 Bedrooms	$2,100
4 Bedrooms	—
All	$1,600

As of September 2026, the average rent for a 1 bedroom house in Franklin, NC is $1,200 per month, followed by $1,500 for a 2 bedroom house, and $2,100 for a 3 bedroom house.