Franklin, TN rental market

What is the average rent in Franklin, TN?

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Last updated June 22, 2026

Rental market summary

The average rent for all bedrooms and all property types in Franklin, TN is $2,799.

Average rent

$2,799

Month-over-month change

-$151

Year-over-year change

-$201

Available rentals

184

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $800 to $15,000.

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Rent frequencies
Rent priceNumber of rental properties
$7001
$8002
$9001
$1,3002
$1,4002
$1,5003
$1,6009
$1,7005
$1,8008
$1,90012
$2,00011
$2,1007
$2,2009
$2,3007
$2,40012
$2,5007
$2,6006
$2,70010
$2,8004
$2,9008
$3,0007
$3,1003
$3,20010
$3,30010
$3,4005
$3,5007
$3,6003
$3,7002
$3,8002
$3,9004
$4,0004
$4,2005
$4,3003
$4,4009
$4,5006
$4,7002
$4,8001
$5,000+27

Average rent price over time

In the last year, rent has decreased by $201 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,995$2,700
Feb$2,850$2,750
Mar$2,887$2,921
Apr$2,895$2,950
May$3,145$2,995
Jun$2,933$2,981
Jul$3,000No data
Aug$2,950No data
Sep$2,850No data
Oct$2,875No data
Nov$2,900No data
Dec$2,800No data

Market temperature

The Franklin, TN rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Franklin, TN is 40% higher than the national average.

Franklin, TNvs.

$2,799

$2,005

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Frequently asked questions

1. What is the average rent in Franklin, TN?

The average rent in Franklin, TN is $2,799.

2. What is the average rent for a studio apartment in Franklin, TN?

The average rent for a studio apartment in Franklin, TN is $1,784 per month.

3. What is the average rent for a one-bedroom apartment in Franklin, TN?

The average rent for a one-bedroom apartment in Franklin, TN is $1,666 per month.

4. What is the average rent for a two-bedroom apartment in Franklin, TN?

The average rent for a two-bedroom apartment in Franklin, TN is $2,195 per month.

5. What is the average rent for a three-bedroom apartment in Franklin, TN?

The average rent for a three-bedroom apartment in Franklin, TN is $3,000 per month.

6. What is the average rent for a four-bedroom apartment in Franklin, TN?

The average rent for a four-bedroom apartment in Franklin, TN is $5,050 per month.

7. How much does it cost to rent a house in Franklin, TN?

Houses in Franklin, TN rent between $800 - $15,000 with an average rent of $2,799.

8. How has the rent in Franklin, TN changed in the last year?

In the last year, the rent in Franklin, TN decreased by $201

9. How much has the rent in Franklin, TN increased/decreased in the last month?

In the last month, the rent in Franklin, TN decreased by $151

10. How many available rentals are there in Franklin, TN?

There are currently 184 rentals available in Franklin, TN.

11. How do rent prices in Franklin, TN compare with the national average?

The average rent in Franklin, TN is $2,799 — 39.6% higher the national average of $2,005.

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