175 Houses for rent in Franklin, TN

Last updated May 23 at 4:50am UTC
1633 Brentwood Pointe
Franklin
Franklin, TN
Updated May 23 at 4:50am UTC
2 Bedrooms
$1,795
123 Grant Park Drive
Franklin
Franklin, TN
Updated May 23 at 4:50am UTC
2 Bedrooms
$2,200
128 Watermill Trace
Franklin
Franklin, TN
Updated May 23 at 4:48am UTC
3 Bedrooms
$2,288
251 Riverbend Dr
Franklin
Franklin, TN
Updated May 22 at 9:25pm UTC
3 Bedrooms
$1,950
113 Sontag Dr.
Franklin
Franklin, TN
Updated May 22 at 9:24pm UTC
4 Bedrooms
$3,295
147 Generals Retreat Place
Franklin
Franklin, TN
Updated May 22 at 8:42pm UTC
2 Bedrooms
$1,995
26 Daniels Dr
Franklin
Franklin, TN
Updated May 22 at 3:40am UTC
3 Bedrooms
$3,500
4081 New Highway 96 W
Franklin
Franklin, TN
Updated May 22 at 3:40am UTC
3 Bedrooms
$3,000
1214 Temple Crest Dr
Franklin
Franklin, TN
Updated May 21 at 11:09pm UTC
4 Bedrooms
$2,995
1702 Players Mill Rd
Franklin
Franklin, TN
Updated May 21 at 9:29am UTC
4 Bedrooms
$3,300
1059 Honey Bush Circle
Franklin
Franklin, TN
Updated May 21 at 9:29am UTC
3 Bedrooms
$2,500
1205 Kelly Ct
Franklin
Franklin, TN
Updated May 20 at 9:44am UTC
3 Bedrooms
$2,200
303 Avondale Dr
Franklin
Franklin, TN
Updated May 20 at 2:35am UTC
6 Bedrooms
$3,800
202 Watson View Drive
Franklin
Franklin, TN
Updated May 20 at 2:33am UTC
3 Bedrooms
$2,700
230 Fowler Circle
Franklin
Franklin, TN
Updated May 20 at 2:28am UTC
5 Bedrooms
$3,000
3013 Westerly Drive
Franklin
Franklin, TN
Updated May 19 at 10:06pm UTC
4 Bedrooms
$3,000
1918 Redbud Ct
Franklin
Franklin, TN
Updated May 19 at 8:38am UTC
3 Bedrooms
$1,750
825 Shadowlawn Ct
Franklin
Franklin, TN
Updated May 19 at 3:54am UTC
3 Bedrooms
$2,195
105 Clarendon Cir
Franklin
Franklin, TN
Updated May 19 at 3:53am UTC
3 Bedrooms
$2,350
168 Crestfield Pl
Franklin
Franklin, TN
Updated May 19 at 3:53am UTC
3 Bedrooms
$1,895
1022 Linden Isle Dr
Franklin
Franklin, TN
Updated May 18 at 5:54am UTC
5 Bedrooms
$3,000
106 Jill Ct
Franklin
Franklin, TN
Updated May 18 at 5:51am UTC
4 Bedrooms
$3,200
479 Franklin Rd
Franklin
Franklin, TN
Updated May 18 at 5:49am UTC
3 Bedrooms
$2,650
236 Dandridge
Franklin
Franklin, TN
Updated May 22 at 9:27pm UTC
4 Bedrooms
$2,895
Apartment List detective logo

Keep Looking!

Try removing some filters or broadening your
search area to see more results.

Apartment List sad heart

Something went wrong.

Please try your search again or reload the page.

May 2018 Franklin Rent Report

Welcome to the May 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

May 2018 Franklin Rent Report

Welcome to the May 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 increase sharply over the past month

Franklin rents have increased 1.1% over the past month, and have increased slightly by 1.4% 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. Franklin's year-over-year rent growth lags the state and national averages, which both stand at 1.5%.

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, all of them have seen prices rise. The state as a whole logged rent growth of 1.5% 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 $1,270; of the 10 largest Tennessee cities that we have data for, all have seen rents rise year-over-year, with Hendersonville experiencing the fastest growth (+5.0%).
  • Knoxville, Smyrna, and Chattanooga have all experienced year-over-year growth above the state average (4.6%, 3.1%, and 2.5%, respectively).

Franklin rents more affordable than many large cities nationwide

As rents have increased slightly in Franklin, a few large cities nationwide have also seen rents grow modestly. Franklin is still more affordable than most large cities across the country.

  • Franklin's median two-bedroom rent of $1,270 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 1.4% increase in Franklin.
  • While Franklin's rents rose slightly over the past year, many cities nationwide also saw increases, including Phoenix (+2.3%), Atlanta (+1.9%), and Denver (+1.6%).
  • Renters will find more reasonable prices in Franklin than most large cities. For example, San Francisco has a median 2BR rent of $3,060, 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 $910 $1,120 0.3% 0.5%
Franklin $1,040 $1,270 1.1% 1.4%
Hendersonville $980 $1,200 1.3% 5.0%
Smyrna $900 $1,110 0.9% 3.1%
Gallatin $860 $1,060 0.3% 1.6%
Goodlettsville $940 $1,150 0.2% 1.8%

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.