Apartments for Rent in Franklin, TN

Prices and availability in Franklin, TN were last updated on 23 May 2026.

The best apartments in Franklin, TN are: 780 Townhomes, Wyndchase Aspen Grove, Ashton Brook, Simmons Ridge and Retreat at Ironhorse.

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

The price range for a 1-bedroom apartment in Franklin, TN is between $1,396 and $7,406.

The price range for a 2-bedroom apartment in Franklin, TN is between $1,299 and $6,308.

The price range for a 3-bedroom apartment in Franklin, TN is between $1,595 and $7,047.

In Franklin 36% of the housing is rented out compared to 64% of homes are owned, according to the most recent Census Bureau estimates. 22% of Franklin's apartments are found in large buildings of 50 units or more, 63% are located in smaller apartment complexes with less than 50 units, and 13% are single-family rentals.

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 19 years old, on average. Of these, 58% 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 4 stories. About 95% of the rental communities here are low-rise, garden-style communities, 12% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Franklin are around 0.1% of rentals, while 1-bedroom floor plans represent 42% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 49% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.