Apartments for Rent in Franklin, TN

Prices and availability in Franklin, TN were last updated on 5 Jun 2026.

The best apartments in Franklin, TN are: 780 Townhomes, Heritage Place, Dwell at McEwen, The Everly at Historic Franklin and Wyndchase Aspen Grove.

The average rent in Franklin, TN is $1,985.

The price range for a 1-bedroom apartment in Franklin, TN is between $1,399 and $7,394.

The price range for a 2-bedroom apartment in Franklin, TN is between $1,299 and $6,707.

The price range for a 3-bedroom apartment in Franklin, TN is between $1,438 and $7,394.

In Franklin, 36% of the residents are renting compared to 64% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 22% of Franklin's rentals, 63% are small-scale complexes with under 50 units, and 13% are single-family rentals.

The average age of rental buildings in Franklin is 19 years old, with 58% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 95% are garden-style apartment communities, 12% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Franklin come in a range of sizes and floorplans. Studio apartments represent 0.1% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 42% of the total apartments in the city, while 2-bedroom floorplans represent around 49% of all rentals in Franklin. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.