Franklin, IN rental market
What is the average rent in Franklin, IN?
Last updated August 16, 2026
Rental market summary
The average rent for all bedrooms and all property types in Franklin, IN is $1,650.
Average rent
$1,650
Month-over-month change
-$87
Year-over-year change
-$91
Available rentals
59
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $675 to $2,375.
| Rent price | Number of rental properties |
|---|---|
| $800 | 4 |
| $900 | 2 |
| $1,000 | 1 |
| $1,100 | 4 |
| $1,200 | 7 |
| $1,300 | 6 |
| $1,400 | 3 |
| $1,500 | 5 |
| $1,600 | 9 |
| $1,700 | 3 |
| $1,800 | 6 |
| $1,900 | 6 |
| $2,000 | 5 |
| $2,100 | 3 |
| $2,200 | 2 |
| $2,300+ | 2 |
Average rent price over time
In the last year, rent has decreased by $91 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $1,659 | $1,572 |
| Feb | $1,675 | $1,600 |
| Mar | $1,715 | $1,600 |
| Apr | $1,688 | $1,685 |
| May | $1,299 | $1,865 |
| Jun | $1,400 | $1,875 |
| Jul | $1,765 | $1,757 |
| Aug | $1,700 | $1,715 |
| Sep | $1,716 | No data |
| Oct | $1,647 | No data |
| Nov | $1,639 | No data |
| Dec | $1,635 | No data |
Market temperature
The Franklin, IN rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Franklin, IN is 18% lower than the national average.
$1,650
$2,000
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Frequently asked questions
1. What is the average rent in Franklin, IN?
2. What is the average rent for a one-bedroom apartment in Franklin, IN?
3. What is the average rent for a two-bedroom apartment in Franklin, IN?
4. What is the average rent for a three-bedroom apartment in Franklin, IN?
5. What is the average rent for a four-bedroom apartment in Franklin, IN?
6. How much does it cost to rent a house in Franklin, IN?
7. How has the rent in Franklin, IN changed in the last year?
8. How much has the rent in Franklin, IN increased/decreased in the last month?
9. How many available rentals are there in Franklin, IN?
10. How do rent prices in Franklin, IN compare with the national average?
Nearby areas
Zip codes in Franklin, IN
