How many apartments are available in 02038 on Rentable.co?
Rentable.co has 4 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 $2,850 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 $2,850 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 74 units available for rent in this area. The average rent in 02038 is $2,850, and you can find 2-bedroom units starting at $2,650.
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: April Rent Report
Welcome to the April 2024 Franklin Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
April 2024 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
$2,600
$1,950
$1,300
$650
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR2 BR
Franklin Rent Prices Decrease From March to April
Franklin rent prices decreased over the last month. From March to April, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Franklin one-bedroom apartments currently stands at $2,090.0.
When we take a look at the two-bedroom comparison from March to April, Franklin experienced a 1.98% increase for the price of a two-bedroom apartment. The rent price for a Franklin two-bedroom apartments currently stands at $2,478.0.
April 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.
April 2024 Pricing Trends: Franklin vs. National Comparisons
New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
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 April
1 BR M/M % Change
2 BR April
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.