Find Homes & Apartments for Rent in Franklin, TN

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What to Know About

Life in Franklin & Beyond

Franklin shares many of the great qualities that make Tennessee a desirable place to live.

Tennessee is known for its dazzling natural beauty, rich history, and vibrant culture. With its rolling hills, majestic mountains, and sparkling waterways, Tennessee has something for everyone from the Great Smoky Mountains National Park, the Memphis Zoo, the Country Music Hall of Fame, and the Jack Daniel's Distillery. Tennessee is also home to respected institutions such as Vanderbilt University and the University of Tennessee. In addition, Tennessee's economy is also thriving, driven by a mix of industries, including healthcare, finance, and manufacturing.

For adventure seekers, there is plenty to do in Tennessee, from fishing in the Tennessee River to hiking in the Smoky Mountains. Sports fans can cheer on the Tennessee Titans (NFL), Nashville Predators (NHL), and Memphis Grizzlies (NBA). Discover and indulge in famous attractions like the Ryman Auditorium, the Parthenon, and Graceland. The state is also known for its rich music history, including blues, country, and rock-and-roll, and there is a thriving theater and arts scene in cities like Nashville and Memphis.

Its high quality of life, strong economy, and friendly community make Tennessee a great place to call home.

Rental Market Trends

Franklin, TN

As of April 2025, Franklin's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Franklin's average rent is 83.3% ($1,341) higher than the Tennessee average of $1,609 and 65.0% ($1,162) higher than the U.S. average of $1,788.

Average Rent
$2,950
Monthly ChangeMonth Over Month Change
Increased0.8% ($24)
Yearly ChangeYear Over Year Change
No change
Avg. Days on MarketAverage Days on Market
27
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,060 Decreased3.4% ($73) Decreased0.2% ($5)
2 Beds $3,230 Decreased0.8% ($26) Increased0.6% ($19)
3 Beds $4,266 Increased1.8% ($76) Decreased4.6% ($206)
Nearby Cities Average Rent Avg. Rent vs. FranklinAverage Rent vs. Franklin Avg. Days on MarketAverage Days on Market
Thompsons Station $1,764 Decreased40.2% ($1186) 29 days
Brentwood $2,499 Decreased15.3% ($451) 23 days
Nolensville $1,789 Decreased39.4% ($1161) 28 days
Spring Hill $1,624 Decreased44.9% ($1326) 23 days
Fairview $1,744 Decreased40.9% ($1206) 27 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Franklin Rental Market FAQs

Explore rental prices, market trends, and availability in Franklin, TN.

The average rent in Franklin, TN is $2,950 per month.
Homes in Franklin typically rent for between $1,442 and $5,546 per month, with an average of $2,950 per month.
In Franklin, the average rent for a 1-bedroom home is $2,060 per month, for a 2-bedroom home, $3,230 per month, and a 3-bedroom home is $4,266 per month.
The average rent in Franklin is 65% ($1,162) higher than the national average of $1,788 per month.
The average rent in Franklin has increased by 0.8% ($24) in the last month and remained stable over the past year.
The rental market in Franklin, TN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Franklin, TN, the average rental stays on the market for approximately 27 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 51 rental properties available in Franklin, TN.
Based on the current averages, a household would need an annual income of $129,200 to comfortably afford a 2-bedroom home in Franklin.
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