Franklin, TN Rental Market Trends
What is the average rent in Franklin?
The average rent for an apartment in Franklin is $2,054. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Franklin, TN
Last updated April 2025
| Average Rent | Average Apartment Size |
|---|---|
| $2,054 | 1,017 sq. ft. |
What is the average apartment size in Franklin?
The average size for a Franklin, TN apartment is 1,017 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Franklin, TN apartment rent ranges
Franklin, TN Occupied Housing Units
23,680 or 36% of the households in Franklin, TN are renter-occupied while 42,636 or 64% are owner-occupied.
Franklin, TN rent trends
How Franklin Compares to Other Cities
| State | Average Rent |
|---|---|
| Franklin | $2,054 |
| Memphis | $1,138 |
| Nashville | $1,818 |
| Clarksville | $1,264 |
| Knoxville | $1,727 |
| Chattanooga | $1,456 |
| Murfreesboro | $1,578 |
| Antioch | $1,494 |
| Bartlett | $1,495 |
| Johnson City | $1,388 |
| Gallatin | $1,551 |
| Hendersonville | $1,594 |
| Hermitage | $1,514 |
| Madison | $1,403 |
| Smyrna | $1,511 |
| Columbia | $1,413 |
| La Vergne | $1,699 |
| Spring Hill | $1,684 |
| Mount Juliet, TN | $1,808 |
| Brentwood, TN | $1,840 |
| Goodlettsville, TN | $1,503 |
What is the average price for a storage unit in Franklin?
The average rent for a non-climate-controlled 10'x10' storage unit in Franklin is $205.9. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Franklin
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MAA Cool Springs
1001 Midwood St, Franklin, TN 37067| 1 BED | $1,703+ |
| 2 BEDS | $1,943+ |
| 3 BEDS | $2,553+ |
Heritage Place
700 Westminster Drive, Franklin, TN 37067| 2 BEDS | $1,299+ |
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Cadence Cool Springs Apartments
200 Resource Pkwy, Franklin, TN 37067| 1 BED | $1,700+ |
| 2 BEDS | $2,095+ |
| 3 BEDS | $2,940+ |