What is the average apartment size in Franklin?

The average size for a Franklin, WI apartment is 1,011 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.

What is the average rent in Franklin?

As of Sep / 2025, the average rent in Franklin is $1,589 per month, a 0.8% increase from last year’s average of $1,577.

What is the average apartment size in Franklin?

The typical apartment in Franklin offers about 1,011 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Franklin, WI Rental Market Trends

Q: What's the typical rent budget in Franklin?

The typical rent budget in Franklin ranges from $1,501 to $2,000 per month, with 41% of rentals in this range.

Q: Do most people rent or own in Franklin?

In Franklin, 22% of households rent while 78% own their homes, based on the latest U.S. Census data.

Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Franklin is $1,589, a 0.8% increase compared to the previous year, when the average rent was $1,577.

One-bedroom apartments provide 774 square feet for $1,366, balancing privacy and affordability.

Two-beedroom units at $1,712 offer 1,151 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,383 sq ft) for $2,142, suitable for larger households.

Average rent in Franklin, WI

Last updated: October 19, 2025

	Average Rent	Average Apartment Size
All Rentals	$1,589	1,011 sq. ft.
Studio	n/a	n/a
1 Bed	$1,366	774 sq. ft.
2 Beds	$1,712	1,151 sq. ft.
3 Beds	$2,142	1,383 sq. ft.

Franklin, WI rent trends

Rental prices in Franklin, WI have increased by 0.8% over the past year. The average rent moved from $1,577 to $1,589.

What's the typical rent budget in Franklin, WI?

The largest share of rentals in Franklin, WI (41%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Franklin, WI?

3,115 or 22% of the households in Franklin, WI are renter-occupied while 10,947 or 78% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

How Franklin Compares to Other Cities

City	Average Rent
Franklin	$1,589
Brookfield	$1,852
Madison	$1,797
Milwaukee	$1,577
Oshkosh	$1,145
Neenah	$1,230
La Crosse	$1,230
Appleton	$1,243
West Allis, WI	$1,423
Wauwatosa, WI	$1,672
St. Francis, WI	$1,591
Waukesha, WI	$1,429
Oak Creek, WI	$1,616
Racine, WI	$1,159
Greenfield, WI	$1,379
New Berlin, WI	$1,627

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Franklin apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.