Apartments for Rent in Franklin, WI

Prices and availability in Franklin, WI were last updated on 13 Sep 2026.

The best apartments in Franklin, WI are: Velo Village Apartments, Statesman Apartments, Foresthill Highlands Apartments & Townhomes 55+ and 2841 West Rawson Avenue.

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

The price range for a 1-bedroom apartment in Franklin, WI is between $1,650 and $2,890.

The price range for a 2-bedroom apartment in Franklin, WI is between $1,755 and $3,141.

In Franklin, 23% of the residents are renting compared to 77% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 20% of Franklin's rentals, 74% are small-scale complexes with under 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.