What's the average rent in Franklin, NC?

Rental Market Trends in Franklin, NC

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Franklin, NC is $1,500 per month, which is 22% lower than the national average rent of $1,932 per month.

AVERAGE RENT

$1,500

-6.3%-$100 decrease month-over-month

-16.7%-$300 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,350

HOUSES

$1,600

TOWNHOUSES

$1,283

As of November 2026, townhomes are the most affordable rental option in Franklin, NC at $1,283 per month, while houses are the most expensive at $1,600 per month. Apartments average $1,350 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,200
2 Bedrooms	$1,500
3 Bedrooms	$2,400
4 Bedrooms	$3,000
All	$1,500

As of November 2026, the average rent for a 1 bedroom rental in Franklin, NC is $1,200 per month, followed by $1,500 for a 2 bedroom rental, $2,400 for a 3 bedroom rental, and $3,000 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,250
2 Bedrooms	$2,000
3 Bedrooms	—
4 Bedrooms	—
All	$1,283

As of November 2026, the average rent for a 1 bedroom townhome in Franklin, NC is $1,250 per month, followed by $2,000 for a 2 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,050
2 Bedrooms	$1,600
3 Bedrooms	—
4 Bedrooms	—
All	$1,350

As of November 2026, the average rent for a 1 bedroom apartment in Franklin, NC is $1,050 per month, followed by $1,600 for a 2 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,200
2 Bedrooms	$1,500
3 Bedrooms	$2,400
4 Bedrooms	$3,000
All	$1,600

As of November 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, $2,400 for a 3 bedroom house, and $3,000 for a 4 bedroom house.