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Studio Apartments for Rent in Franklin, TN - 1 Rental available

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Franklin, TN Demographics

  • Total Population72,990
  • Female 35,120
    Male 37,870
  • Median Age38.1

Average Rent in Franklin, TN

  • Franklin, TN Average Rental Price, January 2020 $1,507 /mo

Franklin, TN Apartment Rent Ranges

  • $701-$1,0002%
  • $1,001-$1,50055%
  • $1,501-$2,00034%
  • > $2,0009%

Franklin, TN Rent Trends

Average Rent Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Jan / 2020
Franklin, TN $1,441 $1,435 $1,422 $1,379 $1,378 $1,468 $1,443 $1,488 $1,507
National $1,350 $1,382 $1,385 $1,388 $1,423 $1,431 $1,434 $1,469 $1,474
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Check out the average rent prices in Franklin by neighborhood.

Franklin, TN Households

  • Total Number of Households27,542
  • Family 19,664
    Non-family 7,878
  • Children 10,334
    No Children 17,208
  • Average People Per Household2.64
  • Median Household Income$92,589
  • Median Housing Costs Per Month$1,471

Franklin, TN Education Statistics

  • No High School2%
  • Some High School19%
  • Some College19%
  • Associate Degree6%
  • Bachelor Degree35%
  • Graduate Degree20%

Renting a studio apartment in Franklin, TN

The bad news is that the hip neighborhoods are typically not the places to look for truly affordable homes for rent, and Franklin, TN is no exception. That is unless you are willing to give up the (real or imagined) benefits of multiple rooms and experience the minimalist simplicity of a small apartment located smack dab in the middle of the action. Leaf through 1 listing with a total of 1 unit, and you’ll be sure to find at least a couple of cheap studios that will make you wonder whether having one or two extra rooms is really worth the difference in price and commute time. Already a fan of living small? Why don’t you check out our selection of one room apartments—there’s always a better deal out there, you just have to know where to look for it (Thompsons Station is the cheapest neighborhood in town—wink wink).

They are called efficiency apartments for a reason

In case you’re still wondering, the time and effort put into finding an efficiency apartment does pay off. Literally, and pretty fast too. While the cheapest bachelor units normally have a small bath and one bigger, multifunctional space (meaning that the hall and the kitchen in the main room, basically), you don’t need to have that if it’s not your thing. You can find plenty of one-room apartments in Franklin, TN with a separate kitchen. These are still well under the price of an apartment with multiple rooms, but slightly more expensive than your average studio, so it’s a good idea to aim for the higher end of the price range.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!