What's the average rent in Franklin, VA?
Rental Market Trends in Franklin, VA
SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Franklin, VA is $1,675 per month, which is 12% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$1,675
0.0%No change month over month
43.1%$504 increase year-over-year
AVAILABLE RENTALS
6
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,000 |
| 2 Bedrooms | $1,187 |
| 3 Bedrooms | $1,675 |
| 4 Bedrooms | $3,200 |
| All | $1,675 |
As of May 2026, the average rent for a 1 bedroom rental in Franklin, VA is $1,000 per month, followed by $1,187 for a 2 bedroom rental, $1,675 for a 3 bedroom rental, and $3,200 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,600 |
| 4 Bedrooms | — |
| All | $1,600 |
As of May 2026, the average rent for a 3 bedroom apartment in Franklin, VA is $1,600 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,700 |
| 4 Bedrooms | $3,200 |
| All | $1,700 |
As of May 2026, the average rent for a 3 bedroom house in Franklin, VA is $1,700 per month, followed by $3,200 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +44% compared to the previous year, which is a +$511 increase.
This year (2026)
Last year (2025)
Rent distribution
91% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $1,000 to $1,900.
