The average rent for a 1 bedroom apartment in Franklin is $1,774+, while the average rent for a 2 bedroom apartment is $2,242+. Rent rates updated ago
Studio
$1,814+
Prices trending down
1 Bed
$1,774+
Prices trending down
2 Beds
$2,242+
Prices trending down
3+ Beds
$2,928+
Prices trending down
* Averages are based on the rental prices of properties listed on Apartment List that don’t include fees
Franklin Rent Report:
Welcome to the Apartment List October 2026 Rent Report for Franklin, TN. Currently, the overall median rent in the city stands at $1,781, after falling 1.1% last month. Prices are now down 1.2% year-over-year. Read on to learn more about what’s been happening in the Franklin rental market and how it compares to trends throughout the broader Nashville metro area and the nation as a whole.
In Franklin, TN, the average rent is $1,814+ for a studio, $1,774+ for a 1-bedroom, $2,242+ for a 2-bedroom, and $2,928+ for a 3-bedroom.* For more information on rental trends in Franklin, TN, check out our monthly Franklin, TN Rent Report.
*Based on base prices that don’t include fees
You can find the lowest-priced apartments in Franklin, TN by using the cheap apartments filter or you can search by apartments that are offering move-in specials.
You can use the pet-friendly filter to find Franklin, TN apartments that allow pets.
The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Franklin, TN.
