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Apartments for Rent in Franklin, IN
34 Rentals Available

  • 15
    Top Rated for Staff
    a kitchen with a table and a refrigerator at Stonebrook of Franklin, Franklin, IN, 46131 a bedroom with a bed and two windows at Stonebrook of Franklin, Franklin, 46131
    4.0
    Today

    722 In-144, Franklin, IN 46131
    1 Unit available
    1 BED Ask for Pricing
    2 BEDS $1,399
    3 BEDS Ask for Pricing
    a kitchen with a table and a refrigerator at Stonebrook of Franklin, Franklin, IN, 46131 a bedroom with a bed and two windows at Stonebrook of Franklin, Franklin, 46131 a fenced in dog park in front of a brick building at Stonebrook of Franklin, Franklin, IN, 46131 a white kitchen with white cabinets and black appliances and a window at Stonebrook of Franklin, Franklin, IN, 46131
    Property reviews
    5/5 David R. on Aug 5, 2024

    Management has gone above and beyond to knock this place out of the park , great , easy to get along with, and caring and understanding. Maint works around the clock and fixing everything that may come up in a matter of hrs instead of days. Very peaceful and quaint .

    5/5 David R. on Aug 5, 2024

    The management is top notch and go above and beyond for your needs , quite and peace place to live , and maint well they work there butts off getting the jobs done same as management.

  • Today

    1600 Traditions Court, Franklin, IN 46131
    2 BEDS $1,250+
    3 BEDS $1,499+
    4 BEDS $2,000+
  • 9
    1 day ago

    820 Hospital Rd, Franklin, IN 46131
    STUDIO $900
    1 BED $1,049+
    2 BEDS Ask for Pricing
  • Today

    4057 Jason Avenue, Franklin, IN 46131
    3 BEDS $2,080
  • Today

    4182 Magnolia Drive, Franklin, IN 46131
    3 BEDS $2,085
  • 15
    Today

    722 In-144, Franklin, IN 46131
    1 BED Ask for Pricing
    2 BEDS $1,399
    3 BEDS Ask for Pricing
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  • Today

    807 Brookshire Drive, Franklin, IN 46131
    3 BEDS $1,940
  • Today

    4041 Magnolia Dr, Franklin, IN 46131
    3 BEDS $1,865
  • Today

    2116 Cedarmill Drive, Franklin, IN 46131
    3 BEDS $1,885
  • Today

    2282 HAMPTON Drive, Franklin, IN 46131
    4 BEDS $2,485
  • Today

    1241 Hague Ct, Franklin, IN 46131
    3 BEDS $1,765
  • Today

    4155 William Avenue, Franklin, IN 46131
    3 BEDS $1,950
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  • Today

    1078 Millstone Ct, Franklin, IN 46131
    4 BEDS $2,695
  • Today

    4126 Beechwood Ct, Franklin, IN 46131
    3 BEDS $2,010
  • Today

    1623 Woodside Circle, Franklin, IN 46131
    3 BEDS $2,180
  • Today

    2018 Cedar Lane, Franklin, IN 46131
    Income Restricted
    1 BED Call for pricing
    2 BEDS Call for pricing
  • 7
    Today

    4423 Highway 31 E., Clarksville, IN 47129
    1 BED $1,017+
  • Today

    510 Colony Drive, Whiteland, IN 46184
    4 BEDS $1,600
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  • Today

    232 Whiteland Road, Whiteland, IN 46184
    3 BEDS $1,625
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    208 Crestwood Drive, New Whiteland, IN 46184
    4 BEDS $1,540
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    104 Meadow Creek South Dr, WHITELAND, IN 46184
    3 BEDS $1,620
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    1111 Berwyn Road, New Whiteland, IN 46184
    3 BEDS $1,610
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    911 Nicole Way, Whiteland, IN 46184
    4 BEDS $2,680
  • Today

    2541 Sungold Trail, Greenwood, IN 46143
    3 BEDS $2,150
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  • Today

    884 Blue Ash Trl, Greenwood, IN 46143
    4 BEDS $2,045
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Popular searches Average rent Renters guide Demographics

Average rent in Franklin, IN

$1,418/mo Franklin, IN average rental price, May 2025
Image Average Rent

The average monthly rent of apartments in Franklin, IN is $1,418.

    Franklin, IN apartment rent ranges

    About 4% of apartment rents in Franklin, IN range between $2,001-$2,500. Around 31% of Franklin’s apartments are in the $1,501-$2,000 price range. 64% of apartments are priced between $1,001-$1,500.

    Franklin, IN rent trends

    Check out the average rent prices in Franklin by neighborhood.

    Compared to the national average rent of $1,761, the average rent in Franklin, IN is $1,418.

    Getting around in Franklin, IN

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

    Frequently asked questions

    When were prices and availability in Franklin, IN last updated?

    Prices and availability in Franklin, IN were last updated on 13 Jun 2025.

    What are the best apartments in Franklin, IN?

    The best apartments in Franklin, IN are: Stonebrook of Franklin, Meadowood, Brixin Franklin, 2282 HAMPTON Drive Franklin, IN 46131 and 4155 William Avenue Franklin, IN 46131.

    What is the average rent in Franklin, IN?

    The average rent in Franklin, IN is $1,390.

    What is the price range for a 1-bedroom apartment in Franklin, IN?

    The price range for a 1-bedroom apartment in Franklin, IN is between $1,049 and $1,399.

    What is the price range for a 2-bedroom apartment in Franklin, IN?

    The price range for a 2-bedroom apartment in Franklin, IN is between $900 and $1,475.

    What is the price range for a 3-bedroom apartment in Franklin, IN?

    The price range for a 3-bedroom apartment in Franklin, IN is between $1,249 and $2,180.

    What type of rental buildings are in Franklin, IN?

    In Franklin 34% of the housing is rented out compared to 66% of homes are owned, according to the most recent Census Bureau estimates. 6% of Franklin’s apartments are found in large buildings of 50 units or more, 48% are located in smaller apartment complexes with less than 50 units, and 42% are single-family rentals.

    What do typical apartment communities look like in Franklin, IN?

    The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city.  In this case, the apartment buildings in Franklin are about 24 years old, on average. Of these, 49% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 2 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

    What apartment floorplans are common in Franklin, IN?

    Studio apartments in Franklin are around 0.4% of rentals, while 1-bedroom floor plans represent 26% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 56% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.

    Living in Franklin, IN

    Franklin, a city in Johnson County, Indiana, is conveniently located about 20 miles south of Indianapolis. This proximity allows residents easy access to the larger city's amenities while enjoying a quieter, suburban lifestyle. Franklin is a hub for the manufacturing sector, hosting several large companies that bolster the local economy. For outdoor enthusiasts, Franklin offers picturesque spaces like the 110-acre Franklin Community Park, which provides ample opportunities for recreation including walking trails, sports fields, and a large playground. Franklin's arts scene is thriving with the presence of the Artcraft Theatre, a historic 1922 movie house that now hosts film series, concerts, and other cultural events. The city's rich history is also preserved at sites like the Johnson County Museum of History. Diverse neighborhoods cater to various lifestyles, whether one is seeking a bustling community atmosphere or a quieter suburban feel. Culinary offerings in Franklin are varied, with local dining favorites serving everything from classic American to authentic Asian cuisines. The Franklin Community School Corporation serves the area, ensuring educational opportunities for families residing in the city.

    Renting in Franklin, IN

    Franklin provides a variety of rental options across its different neighborhoods. Architectural styles range from modern apartment complexes to charming single-family homes. Historic downtown Franklin is a desirable area for those who appreciate older, character-rich homes close to cultural institutions like the Franklin College and local cafes. On the other hand, newer developments near Interstate 65 offer more contemporary housing options with convenient access to both Franklin and Indianapolis. Typical rental properties include spacious apartments, townhomes, and detached houses, catering to everyone from young professionals to larger families.

    Things for renting

    Shopping in Franklin, IN

    Franklin boasts several shopping centers including Franklin Place and Canary Creek Shopping Center, offering a mix of national retailers and local shops. The downtown area is known for its specialty stores and antique shops, providing a unique shopping experience that contrasts with the more standard offerings of larger malls. Common grocery chains like Kroger and Walmart are present, along with local markets such as Courtney's Kitchen & Grocery which offers homemade goods and local produce.

    Transportation in Franklin, IN

    Public transportation in Franklin includes a local bus service that connects residents to key areas within the city and nearby Indianapolis. The Franklin Double Map App aids users in navigating these routes effectively. Major highways such as U.S. 31 and I-65 are easily accessible, facilitating straightforward travel both within and outside the city. Although Franklin does not have its own airport, the Indianapolis International Airport is less than an hour's drive away, supporting regional and international travel needs.

    Look for apartments near me

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    Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

    RentCafe is your one-stop shop for finding a great new apartment in Franklin, IN. Easily search through a wide selection of apartments for rent in Franklin, IN, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Franklin, IN apartments with rents starting from $900 and submit your rental application today!

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