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Apartments in 02038

1 - 6 of 6 Results
27
3D Tour
$1,904 - 2,985
Union Place
2.8
10 Independence Way Franklin, MA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
11
$2,300
21 Fales St Unit 2
Franklin, MA
2 BR | Available Now
Contact
Storage
12
$1,700
67 Milliken Ave Unit 13
Franklin, MA
1 BR | Jun. 1, 2026
Contact
Dishwasher
7
$937
Eaton Place
20 Veterans Memorial Drive Franklin, MA
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Senior Community
Income Restricted
Section 8
18
$1,525 - 2,345
Franklin Commons
8 Gatehouse Lane Franklin, MA
1 - 3 BR | Available Now
Contact
Cat Friendly
In Unit Laundry
Fitness Center
Dishwasher
$1,800 - 3,050
Taj Estates Of Franklin II
230 E Central St Franklin, MA
1 BR | Ask for Availability
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1 - 6 of 6 Results
  1. Home
  2. Providence Area Apartments
  3. Franklin
  4. 02038

How much does it cost to rent an apartment in 02038?

02038 apartments
Bed Type Average Rent Range
1BR $2,250 $1,750 - $3,050
2BR $2,690 $1,750 - $2,990
Frequently Asked Questions

How many apartments are available in 02038 on Rentable.co?

Rentable.co has 6 apartments available for rent in 02038.

What is the average rent for an apartment in 02038?

The average rent for an apartment in 02038 is around $2,350 per month.

What is the average rent for a two-bedroom apartment in 02038?

The average rent for a two-bedroom apartment in 02038 is around $2,692 per month.

What is the average rent for a one-bedroom apartment in 02038?

The average rent for a one-bedroom apartment in 02038 is around $2,250 per month.

Find an Apartment in 02038
Looking for apartments for rent in the 02038 zip code of Franklin, MA? Rentable is here to help! Currently, there are 53 units available for rent in this area. The average rent in 02038 is $2,350, and you can find 1-bedroom units starting at $1,755.

Franklin, MA offers a variety of amenities and attractions for residents to enjoy. Nearby, you'll find Franklin State Forest, a great place to go hiking and enjoy nature. If you're a sports enthusiast, the Franklin Sports Complex is just a short drive away and offers various recreational activities.

Whether you're searching for a studio, one-bedroom, or two-bedroom apartment, Rentable has a wide selection of apartments near 02038 Franklin, MA. Take a look at our listings to find the perfect rental that meets your needs and preferences. Start your search today and find your new home in the charming town of Franklin, MA.

Franklin:
May Rent Report

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

$2,550
$1,910
$1,280
$640
$0
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
Mar. 2026
Apr. 2026
May. 2026
1 BR       2 BR

Franklin Rent Prices Decrease From April to May

Franklin rent prices decreased over the last month. From April to May, 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 April to May, 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 $.

May 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.

May 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 May 1 BR M/M % Change 2 BR May 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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