What is the average apartment size in Franklin?

The average size for a Franklin, WI apartment is 1,010 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 Mar / 2026, the average rent in Franklin is $1,633 per month, a 2.72% increase from last years average of $1,590.

What is the average apartment size in Franklin?

The typical apartment in Franklin offers about 1,010 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 52% 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: April 24, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Franklin is $1,633, a 2.72% increase compared to the previous year, when the average rent was $1,590.

One-bedroom apartments provide 769 square feet for $1,402, balancing privacy and affordability.

Two-beedroom units at $1,758 offer 1,149 square feet, perfect for roommates or small families.

Average rent in Franklin, WI

Last updated: April 24, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,633	1,010 sq. ft.
Studio	n/a	n/a
1 Bed	$1,402	769 sq. ft.
2 Beds	$1,758	1,149 sq. ft.
3 Beds	n/a	n/a

Franklin, WI rent trends

Rental prices in Franklin, WI have increased by 2.72% over the past year. The average rent moved from $1,590 to $1,633.

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

The largest share of rentals in Franklin, WI (52%) 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.

How Franklin Compares to Other Cities

City	Average Rent
Franklin	$1,633
Madison	$1,824
Milwaukee	$1,592
La Crosse	$1,271
Appleton	$1,289
Brookfield	$1,851
Neenah	$1,276
Oshkosh	$1,166
Waukesha	$1,459
Onalaska	$1,402
Middleton	$1,619
New Berlin, WI	$1,652
Oak Creek, WI	$1,692
Greenfield, WI	$1,449
St. Francis, WI	$1,615
Wauwatosa, WI	$1,669
Kenosha, WI	$1,467
Mequon, WI	$2,271
Oconomowoc, WI	$1,804
Racine, WI	$1,209
West Allis, WI	$1,478

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.