Townhomes For Rent in Franklin, IN

2 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 townhome increased in Jun 2026 compared to the previous month. Rent for townhomes peaked in Jun 2026.
MonthAverage rent
Jan 2025$1,595
May 2025$1,399
Jun 2025$1,377
Oct 2025$1,503
Nov 2025$1,100
Dec 2025$1,350
Jan 2026$1,075
Feb 2026$1,075
Mar 2026$1,400
Apr 2026$1,400
May 2026$1,300
Jun 2026$1,736
View as a graph

Average Rent By Bedroom and Home Type

In June 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,099$1,300$1,850$2,017$1,799
Townhomes—$1,663——$1,663
Apartments and Condos$842$1,175$1,500—$1,175
Houses—$1,325$1,850$2,017$1,985
See more information about local market trends in Franklin, IN

Frequently Asked Questions about Townhomes for rent in Franklin, IN

  • What is the average rent of a townhome in Franklin, IN?
    The average rent of a townhome in Franklin, IN is $1,663 per month. This is about 15% lower than the national average.
  • When is the average rent cheapest in Franklin, IN?
    In the last year, the average rent in Franklin, IN was lowest in Nov 2025 when it was $1,100 per month.
  • When is the average rent most expensive in Franklin, IN?
    In the last year, the average rent in Franklin, IN was highest in Jan 2025 when it was $1,595 per month.
  • How many townhomes are available to rent in Franklin, IN?
    There are 1 available townhomes 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.