What's the average rent in Franklin, TN?

Rental Market Trends in Franklin, TN

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Franklin, TN is $2,400 per month, which is 23% higher than the national average rent of $1,948 per month.

AVERAGE RENT

$2,400

-11.5%-$311 decrease month-over-month

-17.1%-$495 decrease year-over-year

AVAILABLE RENTALS

170

APARTMENTS

$2,213

HOUSES

$4,232

TOWNHOUSES

$2,100

As of September 2026, townhomes are the most affordable rental option in Franklin, TN at $2,100 per month, while houses are the most expensive at $4,232 per month. Apartments average $2,213 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,624
2 Bedrooms	$2,109
3 Bedrooms	$3,000
4 Bedrooms	$4,500
All	$2,400

As of September 2026, the average rent for a 1 bedroom rental in Franklin, TN is $1,624 per month, followed by $2,109 for a 2 bedroom rental, $3,000 for a 3 bedroom rental, and $4,500 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,600
2 Bedrooms	$2,150
3 Bedrooms	$2,200
4 Bedrooms	—
All	$2,100

As of September 2026, the average rent for a 1 bedroom townhome in Franklin, TN is $1,600 per month, followed by $2,150 for a 2 bedroom townhome, and $2,200 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,380
2 Bedrooms	$2,078
3 Bedrooms	$2,115
4 Bedrooms	—
All	$2,050

As of September 2026, the average rent for a 1 bedroom apartment in Franklin, TN is $1,380 per month, followed by $2,078 for a 2 bedroom apartment, and $2,115 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,239
3 Bedrooms	$3,292
4 Bedrooms	$4,800
All	$4,232

As of September 2026, the average rent for a 2 bedroom house in Franklin, TN is $2,239 per month, followed by $3,292 for a 3 bedroom house, and $4,800 for a 4 bedroom house.