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197 Houses for rent in Franklin, TN

Last updated November 19 at 1:47am UTC
601 Boyd Mill O-4
Franklin
Franklin, TN
Updated November 19 at 1:47am UTC
1 Bedroom
$1,095
202 Harris Ct
Franklin
Franklin, TN
Updated November 19 at 1:40am UTC
4 Bedrooms
$2,395
1001 Hillsboro Road
Franklin
Franklin, TN
Updated November 18 at 1:38pm UTC
3 Bedrooms
$1,750
412 Roberts St
Franklin
Franklin, TN
Updated November 18 at 9:04am UTC
3 Bedrooms
$3,250
311 Fletcher Court
Franklin
Franklin, TN
Updated November 17 at 11:36am UTC
3 Bedrooms
$2,100
311 Fletcher Ct
Franklin
Franklin, TN
Updated November 16 at 9:11pm UTC
3 Bedrooms
$2,100
300 Norvich Court
Franklin
Franklin, TN
Updated November 16 at 9:09pm UTC
3 Bedrooms
$1,785
1747 Old Natchez Trace
Franklin
Franklin, TN
Updated November 16 at 11:44am UTC
5 Bedrooms
$12,000
1747 Old Natchez Trace
Franklin
Franklin, TN
Updated November 16 at 9:46am UTC
5 Bedrooms
$12,000
384 Cannonade Circle
Franklin
Franklin, TN
Updated November 16 at 9:46am UTC
3 Bedrooms
$2,700
210 Terri Park Way
Franklin
Franklin, TN
Updated November 15 at 9:17pm UTC
4 Bedrooms
$4,000
436 S. Cardinal Court
Franklin
Franklin, TN
Updated November 15 at 12:04pm UTC
3 Bedrooms
$1,995
513 Clover Leaf Lane
Franklin
Franklin, TN
Updated November 15 at 12:03pm UTC
3 Bedrooms
$2,250
200 Stanton Hall Lane
Franklin
Franklin, TN
Updated November 15 at 11:58am UTC
2 Bedrooms
$1,600
914 Evans St
Franklin
Franklin, TN
Updated November 15 at 11:57am UTC
3 Bedrooms
$2,800
108 Pebblecreek Rd
Franklin
Franklin, TN
Updated November 15 at 11:54am UTC
3 Bedrooms
$1,750
601 Boyd Mill Ave #O-4
Franklin
Franklin, TN
Updated November 15 at 11:54am UTC
1 Bedroom
$1,095
2161 Old Natchez Trace
Franklin
Franklin, TN
Updated November 15 at 9:22am UTC
5 Bedrooms
$2,100
9019 Berry Farms Crossing
Franklin
Franklin, TN
Updated November 14 at 2:12am UTC
3 Bedrooms
$2,900
1562 Towne Park Ln
Franklin
Franklin, TN
Updated November 13 at 9:49pm UTC
5 Bedrooms
$3,250
126 Jasper Ave
Franklin
Franklin, TN
Updated November 11 at 5:47am UTC
3 Bedrooms
$3,000
1520 Holmes Circle
Franklin
Franklin, TN
Updated November 10 at 5:34am UTC
4 Bedrooms
$3,050
107 Virginia Ct
Franklin
Franklin, TN
Updated November 8 at 9:37pm UTC
3 Bedrooms
$2,395
80 Addison Avenue
Franklin
Franklin, TN
Updated November 18 at 5:20pm UTC
3 Bedrooms
$3,300

November 2018 Franklin Rent Report

Welcome to the November 2018 Franklin Rent Report. Franklin rents increased over the past month. In this report, we'll evaluate trends in the Franklin rental market, including comparisons to cities throughout the state and nation.

View full Franklin Rent Report
Rent Report
Franklin

November 2018 Franklin Rent Report

Welcome to the November 2018 Franklin Rent Report. Franklin rents increased over the past month. In this report, we'll evaluate trends in the Franklin rental market, including comparisons to cities throughout the state and nation.

Franklin rents increased significantly over the past month

Franklin rents have increased 0.4% over the past month, and are up moderately by 2.2% in comparison to the same time last year. Currently, median rents in Franklin stand at $1,060 for a one-bedroom apartment and $1,300 for a two-bedroom. Franklin's year-over-year rent growth leads the state average of 1.0%, as well as the national average of 1.1%.

Rents rising across cities in Tennessee

Throughout the past year, rent increases have been occurring not just in the city of Franklin, but across the entire state. Of the largest 10 cities that we have data for in Tennessee, 8 of them have seen prices rise. The state as a whole logged rent growth of 1.0% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Franklin is the most expensive of all Tennessee's major cities, with a median two-bedroom rent of $1,300; of the 10 largest cities in Tennessee that we have data for, Gallatin and Nashville, where two-bedrooms go for $1,060 and $1,130, are the only two major cities in the state to see rents fall year-over-year (-0.5% and -0.2%).
  • Smyrna, Knoxville, and Franklin have all experienced year-over-year growth above the state average (4.5%, 3.6%, and 2.2%, respectively).

Franklin rents more affordable than many large cities nationwide

As rents have increased moderately in Franklin, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Franklin is still more affordable than most large cities across the country.

  • Franklin's median two-bedroom rent of $1,300 is above the national average of $1,180. Nationwide, rents have grown by 1.1% over the past year compared to the 2.2% rise in Franklin.
  • While Franklin's rents rose moderately over the past year, the city of Seattle saw a decrease of 1.3%.
  • Renters will find more reasonable prices in Franklin than most large cities. For example, San Francisco has a median 2BR rent of $3,100, 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.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Nashville $920 $1,130 0.3% -0.2%
Murfreesboro $910 $1,110 -1.1% 2.0%
Franklin $1,060 $1,300 0.4% 2.2%
Hendersonville $980 $1,210 0.5% 2.1%
Smyrna $920 $1,130 1.3% 4.5%
Gallatin $860 $1,060 -0.2% -0.5%
Goodlettsville $940 $1,160 -1.0% 0.9%

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.