What's the average rent in Franklin, VA?

Rental Market Trends in Franklin, VA

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Franklin, VA is $1,875 per month, which is 4% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,875
10.3%
$175 increase month-over-month
63.0%
$725 increase year-over-year

AVAILABLE RENTALS

5

APARTMENTS

HOUSES

TOWNHOUSES

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,000
2 Bedrooms$1,075
3 Bedrooms$1,675
4 Bedrooms$1,875
All$1,875
As of June 2026, the average rent for a 1 bedroom rental in Franklin, VA is $1,000 per month, followed by $1,075 for a 2 bedroom rental, $1,675 for a 3 bedroom rental, and $1,875 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +86% compared to the previous year, which is a +$775 increase.
This year (2026)
Last year (2025)

Rent distribution

63% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $1,270 to $2,800.
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