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 stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Jun 2025$2,067
Jul 2025$2,097
Aug 2025$1,888
Sep 2025$1,799
Oct 2025$1,756
Nov 2025$1,941
Dec 2025$1,883
Jan 2026$1,950
Feb 2026$1,849
Mar 2026$1,960
Apr 2026$2,024
May 2026$2,032
View as a graph

Average Rent By Bedroom and Home Type

In May 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$1,738$1,521$2,295$3,999$2,050
Townhomes—$1,275$2,095—$2,050
Apartments and Condos$1,200$1,395$2,500—$2,295
Houses——$1,950$3,999$3,500
See more information about local market trends in Franklin, WI

Frequently Asked Questions about Rentals in Franklin, WI

  • What is the average rent in Franklin, WI?
    The average rent in Franklin, WI is $2,050. Rent prices range from $1,200 to as much as $10,000, depending on the type of rental.
  • How does the rent in Franklin, WI compare to the national average?
    Average rent in Franklin, WI is about 7% higher than the national average rent of $1,910. That means it is more expensive to rent in Franklin compared to the U.S. average.
  • What is the average rent in Franklin, WI, by number of bedrooms?
    The average rent in Franklin, WI is $1,502 for a studio, $1,738 for a 1 bedroom, $1,521 for a 2 bedroom, $2,295 for a 3 bedroom, and $3,999 for a 4 bedroom.
  • How have rent prices in Franklin, WI changed compared to last year?
    In the past year, the average rent price in Franklin, WI has increased by $36. That means the average rent is 2% higher than last year.
  • How many available rental listings are in Franklin, WI?
    There are 17 available rental listings in Franklin, WI.
  • 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.