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3 Bedroom Apartments for Rent in Franklin, IN

36 Rentals Available
5-20-city
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Franklin, IN rent trends

Rental prices in Franklin, IN have decreased by 2.56% over the past year. The average rent moved from $1,797 to $1,751.

Check out the average rent prices in Franklin by neighborhood.

Compared to the average rent in the U.S. of $1,743, the rent in Franklin, IN is $1,751 per month.

Average rent in Franklin, IN

$1,751/mo Franklin, IN average rental price, October 2025
Image Average Rent

Apartments for rent in Franklin, IN have an average price of $1,751 per month.

    What's the typical rent budget in Franklin, IN?

    About 20% of apartments in Franklin, IN have rents ranging between $2,001-$2,500. Around 58% of Franklin’s apartments are in the $1,501-$2,000 price range. 22% of apartments are priced $1,001-$1,500.

    The largest share of rentals in Franklin, IN (58%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Franklin, IN

    24 /100
    Car-Dependent
    33 /100
    Somewhat Bikeable
    Walk Score®: 24, Bike Score®: 33

    Frequently asked questions

    What is the price of a 3 bedroom apartment in Franklin, IN?

    The price range of a 3 bedroom apartment is between $1,440 and $2,205.

    How many 3 bedroom apartments for rent are available in Franklin, IN on RentCafe?

    There are 8 3 bedroom rentals available on RentCafe. Prices and availability in Franklin, IN were last updated on 21 Nov 2025.

    What is the average size of a 3 bedroom apartment in Franklin, IN?

    The average Franklin, IN 3 bedroom apartment size is 1,454 sq. ft.

    What are the advantages of renting a 3 bedroom apartment in Franklin, IN?

    Renting a 3 bedroom apartment offers extra space compared to a 2 bedroom apartment, suited for a family or for sharing it with someone else.

    What are the downsides of renting a 3 bedroom apartment in Franklin, IN?

    A 3 bedroom apartment is more expensive than smaller units and it usually comes with higher utility costs.