Townhomes For Rent in Franklin, IN

3 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 decreased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
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
View as a graph

Average Rent By Bedroom and Home Type

In May 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$900$1,300$1,872$1,900$1,790
Townhomes—$1,300——$1,300
Apartments and Condos$875$1,210$1,299—$950
Houses—$1,350$1,885$1,925$1,900
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 $1,300. Rent prices range from $1,300 to as much as $1,815, depending on the type of townhome.
  • How does the rent of a townhome in Franklin, IN compare to the national average?
    Average rent of a townhome in Franklin, IN is about 32% lower than the national average rent of $1,910 for a townhome. That means it is less expensive to rent a townhome in Franklin compared to the U.S. average.
  • What is the average rent of a townhome in Franklin, IN, by number of bedrooms?
    The average rent of a townhome in Franklin, IN is $ for a studio, $ for a 1 bedroom, $1,300 for a 2 bedroom, $ for a 3 bedroom, and $ for a 4 bedroom.
  • How have rent prices of a townhome in Franklin, IN changed compared to last year?
    In the past year, the average rent price of a townhome in Franklin, IN has decreased by $50. That means the average rent of a townhome is 4% lower than last year.
  • How many townhomes are available to rent in Franklin, IN?
    There are 2 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.