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51 Apartments for rent in Franklin, TN

Last updated October 20 at 11:56AM
1307 Old Hillsboro Rd
Franklin
Franklin, TN
Updated October 20 at 10:08AM UTC
3 Bedrooms
$1,800
2009 Belmont Circle
Franklin
Franklin, TN
Updated October 9 at 10:03AM UTC
3 Bedrooms
$2,000
1313 Decatur Circle
Franklin
Franklin, TN
Updated October 12 at 10:57AM UTC
2 Bedrooms
$1,950
205 Lighthouse Terrace
Franklin
Franklin, TN
Updated October 20 at 9:29AM UTC
3 Bedrooms
$2,500
1000 Chapel Lake Cir
Franklin
Franklin, TN
Updated October 20 at 10:07AM UTC
5 Bedrooms
$5,000
902 Linden Isle Drive
Franklin
Franklin, TN
Updated October 15 at 7:32PM UTC
3 Bedrooms
$2,495
1000 Dunrobin Dr
Franklin
Franklin, TN
Updated October 20 at 10:35AM UTC
3 Bedrooms
$2,000
1011 Oleander
Franklin
Franklin, TN
Updated October 4 at 10:02AM UTC
3 Bedrooms
$2,800
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City Guide
Franklin
Music City’s Hottest ‘Burb. Just 15 convenient miles south of Nashville lies one of the American South’s most charming and affluent suburbs: Franklin, Tennessee. A favorite residential destination for mostly churchgoing, conservative, old-fashioned folks, Franklin boasts some of the Volunteer State’s most attractive apartments in a variety of historic neighborhoods. Interested in joining the 42,000 lucky belles and gents who call Franklin home? Then stick with us and we guarantee you’ll be living the high life in this secret treasure of a city in no time at all…
The Lap of Luxury

Whether you’re in the market for a basic 1BR crash pad, a sprawling, multi-BR family-style apartment, or anything in between, you’ll soon realize that luxury and character are givens at most Nashville area apartment buildings. No two complexes are exactly alike, but almost all feature a unique blend of historic exteriors and ultramodern interiors. Most also offer tons of killer amenities including modern kitchens with islands, vaulted ceilings, patios, balconies, washer and dryer units, and walk-in closets.

As for community features, you’d be hard-pressed to find a landlord in Franklin whose facilities don’t include covered parking, clubhouses, fitness centers, and at least one sizable swimming pool. Pet policies differ from property to property, but the good news is that more than a few apartments do allow pets up to 50 pounds (maybe it’s time to finally put Fido on that diet the vet’s been encouraging, huh?), at a slightly higher monthly cost. Short-term, pre-furnished, and month-to-month leases are easy to find as well, but they’re also typically more pricey, running at least an extra hundred bucks more a month.

“Listen to the money talk …”

Unsurprisingly, Franklin isn’t exactly the most affordable stomping grounds in Tennessee. The city’s cost of living index is more than 15 percentage points higher than the national average; if you want an apartment with more than 750 square feet, you’ll have to fork over a minimum of $1100 a month in most cases. Luxury units and 3BR rentals, meanwhile, typically cost $1700 or more, and very few landlords pick up the tab for amenities like heating, cooling, cable, etc. Retirees, meanwhile, continue to flock to Franklin to enjoy their golden years, but that doesn’t mean low income senior housing is ample. In fact, retirement communities, which are generally all-inclusive, are typically the most expensive rentals in all of Franklin, with studios starting in the $1400 range and 2BR units going for between $2600 and $5000-plus. Guess grandma is going to have to wait on that hip replacement.

If you’d like cows for roommates…

It’s helpful when searching for the perfect apartment in Franklin to know where not to look; not because certain parts of town are extremely crime-infested – on the contrary, the city has been ranked by numerous sources one of the nation’s top 100 safest cities – but because many parts are so rural (Thompson’s Station) or owner-occupied (Laurelbrooke, Westhaven, Fieldstone Farms) that apartments are practically nonexistent. Your best bet for scoring an apartment is to concentrate on the inner core and its surrounding neighborhoods, where apartments are ample and waiting lists are rare. Fortunately, the eclectic downtown area puts leasers within walking distance of a wide range of shops, eateries, interesting historical sites like Civil War monuments and museums, and businesses. And don’t forget: the South will rise again!

Arming yourself with credentials

Franklin is definitely a renter’s market, as apartments are typically available year-round and move-in specials can be found if you dig deep enough. Still, that doesn’t mean landlords aren’t choosy about who they’ll accept; many do perform basic background checks on prospective tenants to make sure they are financially stable, have a credible renting history and are not aspiring musicians. If you have some ghosts in your renting closet that you’re not too proud of, you’ll likely need a respectable co-signer to sign the dotted line along with you. Also, don’t forget to bring along proper I.D. and your most recent 2-3 paycheck stubs or banking statements when you’re ready to submit a leasing application.

They have trolleys?

Don’t be fooled by those charming little trolleys that you’ll see chugging along the downtown streets. The Franklin Trolley may be a great way for tourists and day-trippers to get to the Factory, downtown’s historic sites, and the Cool Springs shopping hotspots, but it’s not a viable means of public transit for most daily users. In other words, unless you live and work in one of the few walker-friendly parts of the city such as the Main Street district, you’ll need your own set of wheels to get from point A to B. Traffic, unfortunately, can get a bit ugly, especially during rush hour on I-65 near Cool Springs, so give yourself some extra time if traveling during the late afternoon or early evening hours.

It’s all fun and games

As comfortable and welcoming as your new apartment may be, eventually you’ll probably want to get out and see the attractions Franklin has to offer. We suspect you won’t be disappointed. The historic Franklin Square features a range of galleries, museums, cafes, and specialty shops, while the renowned “Factory”, a former stove factory that’s been transformed into a 12-building shopping, dining, entertainment, and performance art complex, is a favorite destination for visitors and lifelong residents alike. Franklin is also home to a smattering of parks, trails, and golf courses and plays host to a trio of wildly popular festivals: Main Street Festival, Wine Down Main Street, and the Pumpkinfest. Because of Franklin’s close proximity to Nashville, residents can also easily enjoy all the amenities of “Music City” as well. In Franklin, it really is all fun and games, as long as you can afford the rent.

And now, without further ado, it’s time to scour the listings for the apartment of your dreams. Best of luck and happy hunting!

Rent Report
Franklin

October 2017 Franklin Rent Report

Welcome to the October 2017 Franklin Rent Report. In this report, we'll evaluate trends in the Franklin rental market, including comparisons to similar cities nationwide.

Franklin rents increased moderately over the past month

Franklin rents have increased 0.4% over the past month, but are down moderately by 0.7% in comparison to the same time last year. Currently, median rents in Franklin stand at $1,040 for a one-bedroom apartment and $1,270 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in July. Franklin's year-over-year rent growth lags the state average of 2.2%, as well as the national average of 2.8%.

Franklin rents more affordable than many large cities nationwide

As rents have fallen moderately in Franklin, many large cities nationwide have seen prices increase, in some cases substantially. Franklin is also more affordable than most large cities across the country.

  • Franklin's median two-bedroom rent of $1,270 is above the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 0.7% decline in Franklin.
  • While rents in Franklin fell moderately over the past year, many cities nationwide saw increases, including Seattle (+4.5%), Phoenix (+4.5%), and Denver (+2.7%).
  • Renters will find more reasonable prices in Franklin than most large cities. For example, San Francisco has a median 2BR rent of $3,080, which is more than twice the price in Franklin.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.