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Apartments for Rent in Franklin, IN
25 Rentals Available

8-17-city

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Average rent in Franklin, IN

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

The average monthly rent of apartments in Franklin, IN is $979.

Franklin, IN apartment rent ranges

Franklin, IN rent trends

Check out the average rent prices in Franklin by neighborhood.

Compared to the national average rent of $1,727, the average rent in Franklin, IN is $979.

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 25 Mar 2023.

What are the best apartments in Franklin, IN?

The best apartments in Franklin, IN are: Clarksville Lofts, Meadowood, 2736 Woodfield Blvd, 40 Crescent Street Franklin, IN 46131 and 2287 Cedarmill Drive Franklin, IN 46131.

What is the average rent in Franklin, IN?

The average rent in Franklin, IN is $979. Start your search for apartments in Franklin, IN now.

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 $821 and $899. Browse all available 1-bedroom apartments in Franklin, IN now.

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 $1,445 and $1,685. Browse all available 3-bedroom apartments in Franklin, IN.

What type of rental buildings are in Franklin, IN?

In Franklin 36% of the housing is rented out compared to 64% of homes are owned, according to the most recent Census Bureau estimates. 8% 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 39% are single-family rentals.

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

The average age of rental buildings in Franklin is 29 years old, with 39% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 2 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.

What apartment floorplans are common in Franklin, IN?

Rental apartments in Franklin come in a range of sizes and floorplans. Studio apartments represent 0.5% 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 25% of the total apartments in the city, while 2-bedroom floorplans represent around 57% 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.

Franklin, IN demographics

Franklin, IN has a population of 25,112 according to the most recent data from the U.S. Census Bureau. 13,171 of Franklin’s residents are women and 11,941 are men. The median age of those who live in Franklin, IN is 35.2.

Franklin, IN households

  • 6,002 Family
    2,986 Non-family
  • 3,188 Children
    5,800 No Children
  • 8,988Total Number of Households
  • 2.67Average People Per Household
  • $63,518Median Household Income

According to U.S. Census data, there are 8,988 households in Franklin, IN. 6,002 are family households and 2,986 are non-family households. There are 3,188 households with children in Franklin and 5,800 households without children. On average, about 2.67 people live in a household in Franklin, IN.

Franklin, IN education statistics

The level of education of the population of Franklin, IN is as follows: 2% have no high school education, 44% completed some high school, 28% partially completed college, 9% have an Associate Degree, 12% have a Bachelor Degree, and 5% have a Graduate Degree.

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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 $821 and submit your rental application today!

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