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3 Bedroom Apartments for Rent in Franklin, IN
40 Rentals Available

5-20-city

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Average rent in Franklin, IN

$979/mo Franklin, IN average rental price, January 2023
Image Average Rent

Apartments for rent in Franklin, IN have an average price of $979 per month.

Franklin, IN apartment rent ranges

Franklin, IN rent trends

Check out the average rent prices in Franklin by neighborhood.

Compared to the average rent in the U.S. of $1,727, the rent in Franklin, IN is $979 per month.

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 $1,395 and $1,795. Search 3 bedroom apartments in Franklin, IN.

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

There are 7 3 bedroom rentals available on RentCafe. Prices and availability in Franklin, IN were last updated on 3 Feb 2023.

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

The average Franklin, IN 3 bedroom apartment size is 1,658 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. You might be interested in studio apartments, 1 bedroom apartments or 2 bedroom apartments, or browse all RentCafe apartments for rent in Franklin, IN.

Franklin, IN demographics

A total population of 25,276 lives in Franklin, IN, according to data published by the U.S. Census Bureau. Population statistics show that 13,288 of Franklin’s residents are women and 11,988 are men. The median age of the population in Franklin, IN is 35.7.

Franklin, IN households

  • 6,115 Family
    3,045 Non-family
  • 3,200 Children
    5,960 No Children
  • 9,160Total Number of Households
  • 2.63Average People Per Household
  • $60,500Median Household Income

According to the U.S. Census, there are 9,160 households in Franklin, IN. The Census estimates also show that 6,115 are family households and 3,045 are non-family households. Moreover, Franklin has 3,200 households with children in Franklin and 5,960 households without children. On average, about 2.63 people constitute a household in Franklin, IN.

Franklin, IN education statistics

According to U.S. Census Bureau estimates, the share of residents in Franklin, IN that have no high school education is 2%, and the share of those who went to high school is 45%. 26% of residents have some college education, 9% have an Associate Degree, while 12% have a Bachelor Degree, and a share of 6% have a Graduate Degree.

Look for 3 bedroom apartments near me

Are you looking to upgrade to a larger apartment? Are there certain requirements that you and your family need to be able to find the perfect apartment? Browse 3 bedroom apartments near you on RentCafe to find the one that fits your family. Filter by size, price, and amenities both inside and outside the apartment, and check reviews by verified residents, to make sure you are choosing the apartment that is perfect for you and your family.

Browse for 3 bedroom apartments near you, whether you want to stay in the same neighborhood or ZIP code, or in any city in the U.S. that you plan on moving to. We can help you find the one that is near all the essential places, such as stores, parks, schools and even your job, at the price that suits your budget. Your next home is waiting, let's find it!

Renting a 3 bedroom apartment in Franklin, IN

With 40 apartments in Franklin, IN, it can be hard finding just the right 3 bedroom apartment. Before you even start thinking about size, price and features, you have to choose a neighborhood. And that’s no easy task, considering that, depending on the area, you get a wide range of rentals in Franklin, IN, from very cheap to very expensive. Then you also have to factor in the distance to work, kindergarten and/or school. It’s an important decision, as most likely you’re going to spend the next couple of years in this apartment with your family. You are not just searching for an apartment to live in, you’re searching for a home. The internet is supposed to help, but it only confuses you further with redundant lists of things you should pay attention to. We know the feeling very well. Let us give you just one piece of advice: take the rational path and get your priorities right. The only person who knows what type of apartment you need is you. Create a mental or written list of things you absolutely cannot live without, filter accordingly. If a balcony or a garage is absolutely crucial, then head on to the filters section and check the ones you want. This way you will save time by skipping the apartments that don’t meet your criteria.

Is choosing a cheap apartment worth it?

There are certainly plenty of options among our 40 available units in Franklin, IN if you’re considering also cheap 3 bedroom apartments. But are they worth considering? Certainly. Yet, you should not get carried away with very low prices, as your decision is not affecting only you. Most probably you’re moving with a family, and for the next few years this will be the place where your children will create memories. Good or bad. Remember how much you hated staying between four walls when you were a kid? Are there any playgrounds or parks around? Neighborhood amenities are important too. Cheap apartments in Franklin, IN have low prices mostly because of their location. Take into account your morning commute. That being said, cheap apartments can be really good deals, but not at any price.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!