Cheap Apartments for Rent in Franklin, WI

20 rentals

Apartments For Rent Near Franklin, WI

We found 30 more apartments matching your filters just outside Franklin

Average Rent Trends in Franklin, WI

Rent in Franklin, WI varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Oct 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Nov 2025$1,938
Dec 2025$1,883
Jan 2026$1,950
Feb 2026$1,852
Mar 2026$1,967
Apr 2026$2,023
May 2026$2,019
Jun 2026$2,018
Jul 2026$2,028
Aug 2026$2,050
Sep 2026$2,060
Oct 2026$1,975
View as a graph

Average Rent By Bedroom and Home Type

In October 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$1,686$1,894$2,295$4,350$1,975
Townhomes——$2,295—$2,295
Apartments and Condos—$1,589——$1,589
Houses——$2,200$4,350$4,350
See more information about local market trends in Franklin, WI

Frequently Asked Questions about Rentals in Franklin, WI

  • What is the average rent of an apartment in Franklin, WI?
    The average rent of an apartment in Franklin, WI is $1,768 per month. This is about 9% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Franklin, WI?
    Last year, the cheapest month to find an apartment to rent was Oct 2025 when it was $1,756 per month.
  • How many cheap apartments are available in Franklin, WI?
    There are 11 apartments to rent that are cheaper than the city’s average rent of $1,975.
  • When is the average rent most expensive in Franklin, WI?
    In the last year, the average rent in Franklin, WI was highest in Jul 2025 when it was $2,097 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Franklin, WI?
    The average rent of a 1 bedroom apartment in Franklin, WI is $1,686 per month. That is about $267 more than the cost of a studio apartment.
  • What are some zip codes in Franklin, WI?
    Franklin, WI includes zip codes such as: 53132.
  • What are some cities near Franklin, WI?
    Some nearby cities include: Greendale, Hales Corners, Greenfield, Oak Creek, Raymond. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Franklin, WI - 103 Rentas | Trulia