Average Rent in Franklin, TN: What the Numbers Show
Average rent in Franklin, TN, ranges from about $1,723 to $2,750 a month depending on the source and the unit size. This guide shows which figure fits the apartment you need.
The gap between the two reports is wide enough to change a budget, so the source you use matters.
Rent also varies by bedroom count. If you are renting for the first time, these numbers give you a starting point for your budget, not a final price.
Why do rent figures for Franklin differ so much?
The figures differ because they measure different things: unit size, the year the data covers, and whether the number is an average of rented homes or a median of listings on the market now. Compare only figures that match your bedroom count and report date. You may also find this useful: Average Rent in Marietta, GA: What the Figures Really Show.
What changes the figure | Example in Franklin | What it means for you |
|---|---|---|
Listings versus averages | Realtor.com shows a median rent of $3,725 across the 35 active rentals it lists [1]. | This figure reflects what landlords are asking today, not what tenants pay on average. |
Say you want a two-bedroom.
Method matters too. RentCafe reports an average apartment rent of $2,149, up from $2,086 the year before [2]. That is an apartment average, so it will sit differently from a studio figure or a listing median.
Before you decide, read each number with its date and definition. A figure that looks high or low may simply cover a different unit type or a different year.
What does a studio, one-bedroom or two-bedroom cost?
A studio in Franklin averages $1,529 a month in 2026, according to Rent.com [3]. If you plan to rent a studio, budget around that figure. It describes studios specifically, so it will not match the price of a larger unit.
For a two-bedroom, a 2025 cost guide lists average rent at $2,000 to $2,250 a month [4]. That is a range, not a single average, so it works best as a planning band. If your household needs two bedrooms, plan for a rent near the top of that band. That leaves room if the unit you want is priced at the higher end.
How to match a figure to your unit
Start by writing down the number of bedrooms you need. Then find the figure for that exact count in the report you are reading. A citywide average mixes every unit size together, so it will usually miss the price of the unit you want.
For a one-bedroom, look for a figure labeled for that unit size. If a report gives only a citywide number or a figure for a different bedroom count, use it only as a rough guide and not as your budget.
A simple way to use the numbers
Suppose you need a two-bedroom and want to keep rent within a set monthly amount. If your limit is below the top of the range, you will need to look at listings closely before you commit.
Using the studio figure for a two-bedroom search would understate your costs by a wide margin. Matching the figure to your bedroom count keeps your budget realistic from the start.
How does Franklin compare with the national average?
Franklin's rent looks close to the national average on one major rent site and clearly above it on another. Which figure you use changes the answer, so check the source's date and method before you compare.
Apartments.com: near the national benchmark
Apartments.com places Franklin roughly equal to the national average rent of $1,667 a month [5]. If you are moving from a city that tracks close to that benchmark, Franklin will feel familiar on this measure. The figure covers the general rental market, so a smaller unit in an older building may cost less, and a newer one may cost more.
RentCafe: well above that benchmark
RentCafe reports the average apartment rent in Franklin at $2,149 [2]. That is a different picture from Apartments.com, and the gap comes from how each site builds its average. For your budget, treat the RentCafe number as the higher end of what a typical apartment may cost.
Rent is rising, by one reported measure
The same RentCafe figure shows a change from the prior year. The average rent for an apartment in Franklin is $2,149, a 3.01% increase compared to the previous year, when the average rent was $2,086 [2].
One year of change is a single data point, not a forecast. It suggests the trend is upward, but it does not show whether rents will keep climbing, level off, or fall. Use it to plan for a possible increase at renewal, not as a promise about future prices.
How much should you budget for rent in Franklin?
Start with the rent for the bedroom count you plan to rent, not the citywide average, because a citywide figure mixes studios with larger homes. For a two-bedroom, a 2025 cost guide lists average rent at $2,000–$2,250 a month [4].
Set your range by unit size
Use the two-bedroom range only if you need two bedrooms. If you plan to rent a studio or one-bedroom, use that size's figure instead, since a two-bedroom number will overstate what you need. Pick one range for the size you want and budget against its upper end.
Compare the range with active listings
Once you have a range, check it against what is actually for rent. Realtor.com shows 35 active rental listings in Franklin, TN [1]. Filter for your bedroom count and count how many of those units fall inside your range.
A pool of 35 listings is small, so a few units priced above your range can leave you with fewer choices than the averages suggest.
Averages describe the market as a whole, while listings show what owners are asking now. Use the average to set expectations and the listings to test them.
The income-to-rent rules of thumb are covered in the related Corpus Christi article, so use that article to decide how much rent fits your monthly income.
What should you take from Franklin's rent figures?
Franklin's average rent is $2,750 a month in Zillow's data, dated October 2, 2026 [6]. That single average covers all rentals, so it will not match the price of a studio or a two-bedroom. Use it as a starting point, not a quote.
Before you budget, match any figure to the unit size you plan to rent and to the date it was reported. Averages differ by source, so compare figures that cover the same unit type and report period.
Your next step is to pull current listings for your bedroom count and compare them with the citywide figure. Confirm the price on each listing before you apply, since rents change.