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Apartments in 46131

1 - 16 of 16 Results
1
3D Tour
$1,539
4105 Magnolia Drive Franklin In
4105 Magnolia Drive Franklin, IN
3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
3D Tour
$1,579
984 Canary Creek Drive Franklin In
984 Canary Creek Drive Franklin, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Dishwasher
1
3D Tour
$1,619
1184 N Aberdeen Drive Franklin In
1184 N Aberdeen Drive Franklin, IN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
3D Tour
$1,369
940 Ravine Drive Franklin In
940 Ravine Drive Franklin, IN
3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
3D Tour
$1,529
4099 William Avenue Franklin In
4099 William Avenue Franklin, IN
3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
3D Tour
$1,479
2818 Branigin Creek Boulevard Franklin In
2818 Branigin Creek Boulevard Franklin, IN
3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
3D Tour
$1,519
947 Gristmill Drive Franklin In
947 Gristmill Drive Franklin, IN
3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
3D Tour
$1,499
4083 Magnolia Drive Franklin In
4083 Magnolia Drive Franklin, IN
3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
3D Tour
$1,629
4261 Sycamore Court Franklin In
4261 Sycamore Court Franklin, IN
4 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
45
$1,314 - 1,961
City View Farm Apartments
Deal
1037 W Jefferson St Franklin, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
60
$1,568 - 1,743
Founders Pointe Apartments
7505 Founders Way Franklin, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Surface Parking
In Unit Laundry
13
$1,099 - 1,365
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
6
$900
298 N Water St
Franklin, IN
1 BR | Available Now
Contact
16
$1,055 - 1,240
Parkside Apartments
180 E South St Franklin, IN
2 BR | Available Now
Contact
Dishwasher
1
$1,600
Coming Soon: 2 Bedroom/2 Bathroom Located At 1049 Mustang Ct. In Franklin, In
1049 Mustang Ct Franklin, IN
2 BR | Aug. 17, 2026
Contact
Dog Friendly
Cat Friendly
House
21
$1,795
1178 Oak Leaf Road
Greenwood, IN
4 BR | Available Now
Contact
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Storage
Dishwasher
1 - 16 of 16 Results
  1. Home
  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 $1,380 $900 - $1,660
2BR $1,580 $1,080 - $1,660
3BR $1,580 $1,370 - $1,960
4+BR $1,630 $1,620 - $1,800
Frequently Asked Questions

How many apartments are available in 46131 on Rentable.co?

Rentable.co has 16 apartments available for rent in 46131.

What is the average rent for an apartment in 46131?

The average rent for an apartment in 46131 is around $1,580 per month.

What is the average rent for a two-bedroom apartment in 46131?

The average rent for a two-bedroom apartment in 46131 is around $1,582 per month.

What is the average rent for a one-bedroom apartment in 46131?

The average rent for a one-bedroom apartment in 46131 is around $1,379 per month.

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 35 available units for rent in this area. The average rent for apartments in 46131 is $1,580, and the lowest rent for a 1-bedroom floor plan starts at $900.

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:
August Rent Report

Welcome to the August 2026 Franklin Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the August 2026 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

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Aug. 2026
1 BR       2 BR

Franklin Rent Prices Decrease From July to August

Franklin rent prices decreased over the last month. From July to August, 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 July to August, 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 $.

August 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.

August 2026 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 August 1 BR M/M % Change 2 BR August 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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