Apartments in 46131

1 - 20 of 20 Results
1
3D Tour
$1,619
1184 N Aberdeen Drive Franklin, IN
4 BR | Available Now
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1
3D Tour
$1,579
984 Canary Creek Drive Franklin, IN
3 BR | Available Now
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1
3D Tour
$1,539
4105 Magnolia Drive Franklin, IN
3 BR | Ask for Availability
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1
3D Tour
$1,369
940 Ravine Drive Franklin, IN
3 BR | Ask for Availability
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1
3D Tour
$1,529
4099 William Avenue Franklin, IN
3 BR | Ask for Availability
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1
3D Tour
$1,479
2818 Branigin Creek Boulevard Franklin, IN
3 BR | Ask for Availability
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1
3D Tour
$1,629
4261 Sycamore Court Franklin, IN
4 BR | Ask for Availability
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1
3D Tour
$1,519
947 Gristmill Drive Franklin, IN
3 BR | Ask for Availability
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1
3D Tour
$1,499
4083 Magnolia Drive Franklin, IN
3 BR | Ask for Availability
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83
$1,775
7505 Founders Way Franklin, IN
3 BR | Dec. 22, 2025
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Luxury
In Unit Laundry
Fitness Center
17
$1,249 - 1,449
Franklin, IN
2 - 3 BR | Available Now
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Surface Parking
In Unit Laundry
13
$1,073 - 1,329
1485 Franklin Place Ct Franklin, IN
1 - 3 BR | Available Now
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21
$1,795
Greenwood, IN
4 BR | Available Now
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41
$1,420 - 1,658
1037 W Jefferson St Franklin, IN
2 - 3 BR | Available Now
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16
$850
180 E South St Franklin, IN
1 BR | Feb. 10, 2026
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20
$1,650
Franklin, IN
3 BR | Available Now
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1
$1,295
Franklin, IN
3 BR | Available Now
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1
$1,695
2418 Woodfield Blvd Franklin, IN
4 BR | Available Now
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1
$1,250
Franklin, IN
2 BR | Available Now
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$2,200
Franklin, IN
5 BR | Available Now
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1 - 20 of 20 Results
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  2. Columbus, IN Area Apartments
  3. Franklin
  4. 46131

How much does it cost to rent an apartment in 46131?

46131 apartments
Bed Type Average Rent Range
1BR $960 $850 - $1,070
2BR $1,320 $1,200 - $1,420
3BR $1,520 $1,300 - $1,750
4+BR $1,660 $1,620 - $1,800
Find an Apartment in 46131
Looking for apartments for rent in the 46131 zip code in Franklin, IN? You're in luck! Rentable currently has a total of 29 available units for rent in this area. The average rent for apartments in 46131 is $1,480, and the lowest rent for a 1-bedroom floor plan starts at $850.

Franklin, IN is a charming town that offers a variety of amenities and attractions for residents to enjoy. The city is known for its beautiful parks, such as Province Park and Blue Heron Park, where you can take a leisurely stroll or have a picnic with friends and family. There are also several nearby points of interest, including the Johnson County Museum of History and the Franklin Cultural Arts and Recreation Center.

If you're searching for apartments near 46131, Rentable is your go-to resource. We have a wide range of rental options available in Franklin, IN, ranging from cozy studios to spacious three-bedroom apartments. Explore our selection today and find the perfect place to call home in the 46131 area.

Franklin:
December Rent Report

Welcome to the December 2025 Franklin Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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

$1,450
$1,090
$730
$360
$0
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
1 BR       2 BR

Franklin Rent Prices Decrease From November to December

Franklin rent prices decreased over the last month. From November to December, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Franklin one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from November to December, Franklin experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Franklin two-bedroom apartments currently stands at $.

December 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.

December 2025 Pricing Trends: Franklin vs. National Comparisons

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 December 1 BR M/M % Change 2 BR December 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.