Cheap Apartments for Rent in Franklin, TN
168 rentals
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PET FRIENDLY$1,499 - $1,974/mo
1-2 Beds
1-2 BathsSouth Wind Apartment Homes | 549 Southwinds Dr,
Franklin, TN 37064
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PET FRIENDLYTotal price$1,550 - $2,545/mo1-3 Beds1-2 BathsIMT Cool Springs | 101 Gillespie Dr,
Franklin, TN 37067
SPECIAL OFFERPET FRIENDLYTotal price$1,571 - $2,741/mo1-3 Beds1-2 BathsMandolin at Stream Valley | 10000 Mabel Dr,
Franklin, TN 37064
SPECIAL OFFERPET FRIENDLYTotal price$1,573 - $2,920/mo1-3 Beds1-2 BathsVintage Franklin Apartments | 871 Oak Meadow Dr,
Franklin, TN 37064
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SPECIAL OFFERPET FRIENDLYTotal price$1,602 - $2,472/mo1-2 Beds1-2 BathsIMT at the Galleria | 427 Nichol Mill Ln,
Franklin, TN 37067
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SPECIAL OFFERPET FRIENDLYTotal price$1,686 - $2,963/mo1-3 Beds1-2 BathsHeartwood at Lockwood Glen | 1001 Archdale Dr,
Franklin, TN 37064
SPECIAL OFFERPET FRIENDLY$1,695 - $2,795/mo1-2 Beds1-2 BathsThe Everly at Historic Franklin | 413 Brick Path Ln,
Franklin, TN 37064
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Average Rent Trends in Franklin, TN
Rent in Franklin, TN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jul 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Aug 2025 | $2,950 |
| Sep 2025 | $2,850 |
| Oct 2025 | $2,875 |
| Nov 2025 | $2,900 |
| Dec 2025 | $2,800 |
| Jan 2026 | $2,700 |
| Feb 2026 | $2,750 |
| Mar 2026 | $2,921 |
| Apr 2026 | $2,950 |
| May 2026 | $2,995 |
| Jun 2026 | $2,981 |
| Jul 2026 | $2,695 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,634 | $2,295 | $3,256 | $4,200 | $2,650 |
| Townhomes | — | $2,161 | $3,515 | $5,100 | $2,800 |
| Apartments and Condos | $1,400 | $2,200 | $2,095 | — | $1,695 |
| Houses | $900 | $2,500 | $3,467 | $4,235 | $3,900 |
Frequently Asked Questions about Rentals in Franklin, TN
- What is the average rent of an apartment in Franklin, TN?The average rent of an apartment in Franklin, TN is $1,720 per month. This is about 12% lower than the national average.
- When is the average rent cheapest in Franklin, TN?In the last year, the average rent in Franklin, TN was lowest in Dec 2025 when it was $2,800 per month.
- When is the average rent most expensive in Franklin, TN?In the last year, the average rent in Franklin, TN was highest in May 2025 when it was $3,145 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Franklin, TN?The average rent of a 1 bedroom apartment in Franklin, TN is $1,634 per month. That is about $1 less than the cost of a studio apartment.
- How many available rental listings are in Franklin, TN?There are 174 available rental listings in Franklin, TN.
- What are some neighborhoods in Franklin, TN?Some neighborhoods in Franklin, TN include: McEwen, Seward Hall, Central Franklin, West Harpeth, Berrys Chapel.
- What are some zip codes in Franklin, TN?
- What are some cities near Franklin, TN?Some nearby cities include: Thompsons Station, Brentwood, Fairview, Spring Hill, College Grove. These cities may have more rental options to explore.
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