Franklin, TN rental market

What is the average rent in Franklin, TN?

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Last updated November 5, 2026

Rental market summary

The average rent for all bedrooms and all property types in Franklin, TN is $2,996.

Average rent

$2,996

Month-over-monthMoM change

+$196

Year-over-yearYoY change

+$80

Available rentals

189

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,084 to $75,000.

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Rent frequencies
Rent priceNumber of rental properties
$1,0001
$1,3002
$1,4008
$1,5006
$1,6007
$1,7004
$1,80014
$1,9006
$2,0005
$2,10010
$2,20011
$2,3008
$2,4005
$2,5004
$2,6001
$2,7008
$2,80010
$2,90011
$3,0006
$3,1003
$3,2007
$3,30010
$3,4009
$3,5006
$3,6006
$3,7009
$3,8005
$3,9005
$4,0002
$4,1001
$4,2002
$4,3004
$4,4008
$4,5005
$4,6002
$4,7002
$4,8004
$5,000+27

Average rent price over time

In the last year, rent has increased by $80 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$3,000$2,695
Aug$2,950$2,650
Sep$2,850$2,534
Oct$2,875$2,750
Nov$2,900$2,995
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 50% higher than the national average.

Franklin, TNvs.
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$2,996

$1,999

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Frequently asked questions

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

The average rent in Franklin, TN is $2,996.

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

The average rent for a studio apartment in Franklin, TN is $1,635 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 $1,652 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 $2,106 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 $28,417 per month.

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

Houses in Franklin, TN rent between $1,084 - $75,000 with an average rent of $2,996.

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

In the last year, the rent in Franklin, TN increased by $80

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

In the last month, the rent in Franklin, TN increased by $196

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

There are currently 189 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 $2,996 — 49.87% higher the national average of $1,999.

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