What's the average rent in Franklin, WI?
Rental Market Trends in Franklin, WI
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SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in Franklin, WI is $2,000 per month, which is 2% higher than the national average rent of $1,965 per month.
AVERAGE RENT
$2,000
-1.1%-$22 decrease month-over-month
-12.9%-$295 decrease year-over-year
AVAILABLE RENTALS
22
APARTMENTS
HOUSES
TOWNHOUSES
As of August 2026, apartments are the most affordable rental option in Franklin, WI at $1,855 per month, while houses are the most expensive at $2,700 per month. Townhomes average $2,100 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,747 |
| 2 Bedrooms | $1,799 |
| 3 Bedrooms | $2,200 |
| 4 Bedrooms | $2,500 |
| All | $2,000 |
As of August 2026, the average rent for a 1 bedroom rental in Franklin, WI is $1,747 per month, followed by $1,799 for a 2 bedroom rental, $2,200 for a 3 bedroom rental, and $2,500 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,100 |
| 4 Bedrooms | — |
| All | $2,100 |
As of August 2026, the average rent for a 3 bedroom townhome in Franklin, WI is $2,100 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,500 |
| 3 Bedrooms | $2,064 |
| 4 Bedrooms | — |
| All | $1,831 |
As of August 2026, the average rent for a 2 bedroom apartment in Franklin, WI is $1,500 per month, followed by $2,064 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,200 |
| 4 Bedrooms | $2,500 |
| All | $2,700 |
As of August 2026, the average rent for a 3 bedroom house in Franklin, WI is $2,200 per month, followed by $2,500 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +9% compared to the previous year, which is a +$162 increase.
This year (2026)
Last year (2025)
Rent distribution
48% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $1,220 to $10,000.
