Apartments for Rent in Franklin, WI

Prices and availability in Franklin, WI were last updated on 4 Oct 2026.

The best apartments in Franklin, WI are: Velo Village Apartments, Statesman Apartments and Foresthill Highlands Apartments & Townhomes 55+.

The average rent in Franklin, WI is $1,585.

The price range for a 1-bedroom apartment in Franklin, WI is between $1,460 and $3,302.

The price range for a 2-bedroom apartment in Franklin, WI is between $1,700 and $3,309.

In Franklin 23% of the housing is rented out compared to 77% of homes are owned, according to the most recent Census Bureau estimates. 20% of Franklin's apartments are found in large buildings of 50 units or more, 74% are located in smaller apartment complexes with less than 50 units, and 5% are single-family rentals.

The average age of rental buildings in Franklin is 28 years old, with 46% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Franklin are around 0% of rentals, while 1-bedroom floor plans represent 40% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 57% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.