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Apartments in Franklin

1 - 17 of 17 Results
1
3D Tour
4105 Magnolia Drive Franklin In Apartment for rent in Franklin, IN
$1,539
4105 Magnolia Drive Franklin In
4105 Magnolia Drive Franklin, IN
3 BR | Ask for Availability
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1
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984 Canary Creek Drive Franklin In Apartment for rent in Franklin, IN
$1,579
984 Canary Creek Drive Franklin In
984 Canary Creek Drive Franklin, IN
3 BR | Available Now
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Cat Friendly
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Balcony/Deck/Patio
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1
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1184 N Aberdeen Drive Franklin In Apartment for rent in Franklin, IN
$1,619
1184 N Aberdeen Drive Franklin In
1184 N Aberdeen Drive Franklin, IN
4 BR | Available Now
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1
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940 Ravine Drive Franklin In Apartment for rent in Franklin, IN
$1,369
940 Ravine Drive Franklin In
940 Ravine Drive Franklin, IN
3 BR | Ask for Availability
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1
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4099 William Avenue Franklin In Apartment for rent in Franklin, IN
$1,529
4099 William Avenue Franklin In
4099 William Avenue Franklin, IN
3 BR | Ask for Availability
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1
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947 Gristmill Drive Franklin In Apartment for rent in Franklin, IN
$1,519
947 Gristmill Drive Franklin In
947 Gristmill Drive Franklin, IN
3 BR | Ask for Availability
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1
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4083 Magnolia Drive Franklin In Apartment for rent in Franklin, IN
$1,499
4083 Magnolia Drive Franklin In
4083 Magnolia Drive Franklin, IN
3 BR | Ask for Availability
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Dog Friendly
Cat Friendly
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1
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4261 Sycamore Court Franklin In Apartment for rent in Franklin, IN
$1,629
4261 Sycamore Court Franklin In
4261 Sycamore Court Franklin, IN
4 BR | Ask for Availability
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1
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2818 Branigin Creek Boulevard Franklin In Apartment for rent in Franklin, IN
$1,479
2818 Branigin Creek Boulevard Franklin In
2818 Branigin Creek Boulevard Franklin, IN
3 BR | Ask for Availability
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1
690 E Jefferson Apartment for rent in Franklin, IN
$2,500
690 E Jefferson
Franklin, IN
5 BR | Available Now
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House
13
Franklin Place Apartments Apartment for rent in Franklin, IN
$936 - 1,285
Franklin Place Apartments
2.6
1485 Franklin Place Ct Franklin, IN
1 - 3 BR | Available Now
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Dishwasher
Pool
55
City View Farm Apartments Apartment for rent in Franklin, IN
$1,618
City View Farm Apartments
1037 W Jefferson St Franklin, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
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40
The Row Apartments Apartment for rent in Franklin, IN
$1,299
The Row Apartments
57 Schoolhouse Rd Franklin, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
1
Trafalgar Pointe Apartments Apartment for rent in Trafalgar, IN
$1,100 - 1,400
Trafalgar Pointe Apartments
703 W Trafalgar Pointe Way Trafalgar, IN
1 - 3 BR | Available Now
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Dog Friendly
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3
147 E King St Apartment for rent in Franklin, IN
$829
147 E King St
Franklin, IN
1 BR | Available Now
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2
Parkside Apartments Apartment for rent in Franklin, IN
$850 - 1,000
Parkside Apartments
180 E South St Franklin, IN
1 - 2 BR | Available Now
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3
298 N Water St Apartment for rent in Franklin, IN
$899
298 N Water St
Franklin, IN
1 BR | Available Now
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1 - 17 of 17 Results
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How much does it cost to rent an apartment in Franklin?

Franklin Apartments
Bed Type Average Rent Range
1BR $900 $830 - $1,100
2BR $1,270 $1,000 - $1,300
3BR $1,490 $1,290 - $1,610
Frequently Asked Questions

How many apartments are available in Franklin, IN on Rentable.co?

Rentable.co has over 676 apartments available in Franklin.

What is the average rent for a one-bedroom apartment in Franklin, IN?

The average rent for a one-bedroom apartment in Franklin is around $900 per month.

What is the average rent for a two-bedroom apartment in Franklin, IN?

The average rent for a two-bedroom apartment in Franklin is around $1,270 per month.

How expensive is it to rent an apartment in Franklin, IN?

For a two-bedroom apartment in Franklin, the average rent price is $1,270 per month, which is lower than the national average of $1,640 per month.

Can I afford an apartment for rent in Franklin, IN?

Based on average rent prices in Franklin, to afford a one-bedroom apartment you would need an annual household income of $36,000 to live comfortably.

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Franklin:
June Rent Report

Welcome to the June 2025 Franklin Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2025 key findings and figures for the Franklin rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Franklin and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Franklin average rent prices in the chart below.

Monthly Rent Report

$1,550
$1,160
$780
$390
$0
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
1 BR       2 BR

Franklin Rent Prices Decrease From May to June

Franklin rent prices decreased over the last month. From May to June, the city experienced a -6.97% decrease for the price of a one-bedroom apartment. The rent price for a Franklin one-bedroom apartments currently stands at $948.0.

When we take a look at the two-bedroom comparison from May to June, Franklin experienced a -0.15% decrease for the price of a two-bedroom apartment. The rent price for a Franklin two-bedroom apartments currently stands at $1,340.0.

June Prices: Franklin vs. Surrounding Areas

Rent Prices in Franklin and Surrounding Areas

Rent prices have decreased in Franklin over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Franklin suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Franklin suburbs

  • Rents did not decrease in any of the Franklin suburbs.

June 2025 Pricing Trends: Franklin vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Pittsburgh, PA
Minneapolis, MN
$4,101
$3,197
$2,350
$2,316
$1,870
$1,341
$1,263
$1,247
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Franklin Rent Prices More Affordable Than Major Cities

Rent growth in Franklin over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Franklin average rent prices appear to be relatively affordable for local residents.

The price for a Franklin one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Franklin and surrounding area rent prices, take a look at the complete data set below.

Data set for Franklin and suburbs

1 BR June 1 BR M/M % Change 2 BR June 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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