Rent prices in cities near Franklin
Rent prices in Franklin's popular neighborhoods
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Franklin, IN Demographics
- Total Population25,276
Female 11,988Male 13,288
- Median Age35.7
In total, Franklin, IN has 25,276 residents, 13,288 women and 11,988 men, per U.S. Census records. The median age of Franklin’s population is 35.7.
Average Rent in Franklin, IN
- Franklin, IN Average Rental Price, July 2022 $979 /mo
The average rent for an apartment in Franklin, IN is $979 per month.
Franklin, IN Apartment Rent Ranges
Franklin, IN Rent Trends
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The average rent for an apartment in Franklin, IN is $979, whereas the average monthly rent in the U.S. is $1,706.
Franklin, IN Households
- Total Number of Households9,160
Family 6,115Non-family 3,045
Children 3,200No Children 5,960
- Average People Per Household2.63
- Median Household Income$60,500
- Median Housing Costs Per Month$931
Franklin, IN has 9,160 households. According to the most recent Census data, there are 6,115 family households and 3,045 non-family households in the city. 3,200 Franklin households have children and 5,960 households do not. The average number of people living in a household in Franklin, IN is 2.63. The median income in Franklin is $60,500 per household per year, with $931 spent on housing monthly.
Franklin, IN Education Statistics
2% of the Franklin, IN population have no high school education, according to data from the U.S. Census Bureau. 45% of the city’s residents went to high school, 26% completed some college, 9% of the population earned an Associate Degree, 12% earned a Bachelor Degree, and 6% earned a Graduate Degree.
Renting a 1 bedroom apartment in Franklin, IN
Searching for great one bedroom apartments in Franklin, IN? We are here to lend a helping hand and some useful information. You will find 87 apartments in Franklin, IN, with prices starting from $540 going all the way up to $2,065. Whether you are browsing for chic single bedroom apartments with a higher price-tag or a cheap one bedroom efficiency, we want to make sure that you find a fabulous apartment, regardless. You can rent beautiful, spacious 1 bedroom apartments if you can fork a higher monthly rent. But if your budget is on the low-low, you will need stellar searching skills to land a nice apartment. If that happens to be the case, don’t lose hope, just keep on reading.
Is it possible to find a nice cheap apartment?
Yes, it is. If you want to find a quality apartment in a great location, as close to $540 as possible, which is as cheap as it gets in Franklin, IN, keep in mind that this is kind of like bargain shopping for clothes. You have to look carefully, check often, and be quick, because there’s always a deal waiting to be discovered. Of the 25 listings in Franklin, IN that have units available for rent, many offer weekly or monthly specials and discounts. Unbelievably good deals come up all the time. Keep checking, get notified by using saved searches, be the first one to see it, act fast and apply for it right away. You are not the only one looking for cheap one bedroom apartments, so these deals disappear quickly. A great deal on a one bedroom furnished apartment can be gone in no time. In order to find that perfect, affordable 1 bedroom we suggest you order your search results by price and hit the refresh button often. If you’ve studied the market and did your homework, you will know when a bargain hits the market.