Franklin IN Apartments

22 rentals

Apartments For Rent Near Franklin, IN

We found 30 more apartments matching your filters just outside Franklin

Average Rent Trends in Franklin, IN

Rent in Franklin, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment increased in Aug 2026 compared to the previous month. Rent for apartments peaked in Jan 2025.
MonthAverage rent
Sep 2025$1,225
Oct 2025$1,208
Nov 2025$1,263
Dec 2025$1,278
Jan 2026$1,232
Feb 2026$1,291
Mar 2026$1,216
Apr 2026$1,416
May 2026$1,399
Jun 2026$1,401
Jul 2026$1,280
Aug 2026$1,331
View as a graph

Average Rent By Bedroom and Home Type

In August 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,099$1,289$1,802$1,950$1,708
Townhomes—$1,199——$1,199
Apartments and Condos—$1,199$1,289—$1,199
Houses—$1,600$1,895$1,950$1,901
See more information about local market trends in Franklin, IN

Frequently Asked Questions about Apartments and Condos for rent in Franklin, IN

  • What is the average rent of an apartment in Franklin, IN?
    The average rent of an apartment in Franklin, IN is $1,271 per month. This is about 35% lower than the national average.
  • When is the average rent for an apartment cheapest in Franklin, IN?
    In the last year, the average rent in Franklin, IN was lowest in Aug 2025 when it was $1,124 per month.
  • When is the average rent for an apartment most expensive in Franklin, IN?
    In the last year, the average rent in Franklin, IN was highest in Jan 2025 when it was $1,492 per month.
  • How many apartments or condos are available to rent in Franklin, IN?
    There are 17 available apartments or condos to rent in Franklin, IN.
  • What are some neighborhoods in Franklin, IN?
    Some neighborhoods in Franklin, IN include: Amity.
  • What are some zip codes in Franklin, IN?
    Franklin, IN includes zip codes such as: 46131.
  • What are some cities near Franklin, IN?
    Some nearby cities include: Whiteland, New Whiteland, Needham, Princes Lakes, Trafalgar. These cities may have more rental options to explore.
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