What's the average rent in Franklin, WI?
Rental Market Trends in Franklin, WI
SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Franklin, WI is $2,016 per month, which is 6% higher than the national average rent of $1,910 per month.
AVERAGE RENT
$2,016
0.2%$5 increase month-over-month
0.6%$13 increase year-over-year
AVAILABLE RENTALS
15
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Franklin, WI at $1,919 per month, while houses are the most expensive at $3,500 per month. Townhomes average $2,050 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,738 |
| 2 Bedrooms | $1,521 |
| 3 Bedrooms | $2,295 |
| 4 Bedrooms | $3,999 |
| All | $2,050 |
As of May 2026, the average rent for a 1 bedroom rental in Franklin, WI is $1,738 per month, followed by $1,521 for a 2 bedroom rental, $2,295 for a 3 bedroom rental, and $3,999 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,275 |
| 3 Bedrooms | $2,095 |
| 4 Bedrooms | — |
| All | $2,050 |
As of May 2026, the average rent for a 2 bedroom townhome in Franklin, WI is $1,275 per month, followed by $2,095 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,200 |
| 2 Bedrooms | $1,395 |
| 3 Bedrooms | $2,500 |
| 4 Bedrooms | — |
| All | $2,295 |
As of May 2026, the average rent for a 1 bedroom apartment in Franklin, WI is $1,200 per month, followed by $1,395 for a 2 bedroom apartment, and $2,500 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,950 |
| 4 Bedrooms | $3,999 |
| All | $3,500 |
As of May 2026, the average rent for a 3 bedroom house in Franklin, WI is $1,950 per month, followed by $3,999 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +1% compared to the previous year, which is a +$22 increase.
This year (2026)
Last year (2025)
Rent distribution
30% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $1,200 to $10,000.