The average cost of independent living in Franklin is $3,061 per month. As of December 2020, the average apartment rent in Franklin, TN is $1,273 for a studio, $1,133 for one bedroom, $1,291 for two bedrooms, and $1,467 for three bedrooms. This special combination of old and new is a huge reason why Franklin has won at least a dozen awards and honors, such as the title of 2009 Distinctive Destination by the National Trust for Historic Preservation. Franklin Average Rent As of October 2020, average rent for an apartment in Franklin, TN is $1454 which is a 1.99% decrease from last year when the average rent was $1483 , and a 0.41% increase from last month when the average rent was $1448. At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 3%. AVERAGE RENT BY BEDROOM SIZE. Percentage of residents living in poverty in 2017: 4.5% March 2019 cost of living index in Franklin: 91.3 (less than average, U.S. average is 100) Franklin, TN residents, houses, and apartments details. 1 Bed 1–2 Baths. $3,350/mo. Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. 830+ Sqft. Compare cost of living in Franklin with factors like salaries, housing expenses, groceries, utilities and more. Industrial Electricity in Franklin; The average industrial electricity rate in Franklin is 6.62¢/kWh. While rents in Nashville fell significantly over the past year, many cities nationwide saw increases, including Phoenix (+3.9%) and Detroit (+2.9%). One-bedroom apartments in Nashville rent for $1246 a month on average (a 4.01% decrease from last year). South Wind . Find Franklin apartments, condos, townhomes, single family homes, and much more on Trulia. 1 Bedroom Apartments for Rent in Franklin, TN; 11 Apartments Available. Nationwide, rents have fallen by 1.3% over the past year compared to the 3.7% decline in Nashville. 549 Southwinds Drive, Franklin, TN 37064. Use our detailed filters to find the perfect place, then get in touch with the landlord. Franklin real estate appreciated 66.37% over the last ten years, which is an average annual home appreciation rate of 5.22%, putting Franklin in the top 10% nationally for real estate appreciation. This is higher than the national median of $2,490.Cheaper nearby regions include Nashville with an average starting cost of $2,649. There are 4,378 rentals in Franklin city, Tennessee with 2 beds making up the highest share of the market, at 47%. About our Cost of Living Index DID YOU KNOW? This information does not constitute a pricing guarantee or … Discover all apartments available for rent in Franklin, TN on Rentberry. Looking for a two-bedroom apartment in Franklin, TN? Apartment rent in Franklin has decreased by -18.4% in the past year. 43 results. Franklin, Tennessee’s cost of living is 3% lower than the national average. Find studio apartments for rent in Franklin, Tennessee by comparing ratings and reviews. 8 Units Available. As of October 2020, the average rent for an apartment in Nashville, TN is $1396 which is a 4.44% decrease from last year when the average rent was $1458, and a 0.07% decrease from last month when the average rent was $1397. Start your FREE search for 2 Bedroom Houses today. The highest share of Franklin city, Tennessee apartment rentals, namely 31% or 2,917 units, were built 1990 - 1999, followed by those built 1980 - 1989 (17%, 1,637 units), and the ones built 2000 - 2009 (15%, 1,404 units). Franklin real estate appreciated 66.37% over the last ten years, which is an average annual home appreciation rate of 5.22%, putting Franklin in the top 10% nationally for real estate appreciation. Exceptions: Data sourced from U.S. Census Bureau; American Community Survey, 2018 American Community Survey 5-Year Estimates. Overall, the median number of rooms in Franklin city, Tennessee homes for rent is 4.2. $1,255–$2,338. As of December 2020, the average apartment rent in Franklin, TN is $1,250 for a studio, $1,100 for one bedroom, $1,238 for two bedrooms, and $1,449 for three bedrooms. The average rent in Franklin, TN is $1,463. 7,637 or 26% of the households in Franklin, TN are renter-occupied while 20,772 or 73% are owner-occupied. 2007 Knoll Top Lane, Franklin, TN 37067. 830+ Sqft. Today's rental pricing for One Bedroom Apartments in Franklin ranges from $567 to $4,369 with an average monthly rent of $1,379. Site Built. $1,258+ Studio; $1,255+ 1 bd; $1,476+ 2 bds; Harpeth Square | 159 1st Ave, Franklin, TN . Monthly: 1981-2010 normals History: 2007-2019 Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. An apartment for rent in Franklin city, Tennessee typically goes for $1,517 per month, while a single-family home for rent in Franklin city, Tennessee has a monthly cost of around $2,188. QuickFacts provides statistics for all states and counties, and for cities and towns with a population of 5,000 or more. Verified Source Payment (High to Low) Payment (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. Franklin, TN Rental Market Trends Highlights The average rent for an apartment in Franklin is $1,463, a 3% decrease compared to the previous year, when the average rent was $1,507. See 3 Floor Plans → (629) 777-3298. Find a House for Rent in Franklin, TN. $1,323+ Venue at Cool Springs. Station Data. Search 43 Single Family Homes For Rent in Franklin, Tennessee. 45 results. ... IMT Franklin Gateway's luxury apartments in Franklin, TN are conveniently located minutes from the I-840 and Nashville's most dynamic business district. 1 Bedroom. [The average (industrial) electricity rate in Franklin is 0.75% less than the national average rate of 6.67¢/kWh. In order to keep your same standard of living your salary can vary greatly. See what you'll need to earn to keep your … This is why we are now offering a Premium Salary & Cost of Living Calculator. 100 = US Average. Use our detailed filters to find the perfect place, then get in touch with the landlord. ... 2007 Knoll Top Lane, Franklin, TN 37067. Franklin, TN. Find 1 bedroom apartments for rent in Franklin, Tennessee by comparing ratings and reviews. The average size for a Franklin, TN apartment is 993 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 1 / 8. Created with Highcharts 8.2.2. 1 / 52. ... Average Rent in Franklin. The Artessa Apartments. Don't forget to use the filters and set up a saved search. $1,255–$2,338. Use our customizable guide to refine your options for Apartments with Cheap by price to find anything between low income and luxury that Franklin… In terms of education, renters holding bachelor degrees or higher make up 55% of the rental market. As of December 2020, the average apartment rent in Franklin, TN is $1,118 for a studio, $1,100 for one bedroom, $1,238 for two bedrooms, and $1,449 for three bedrooms. The average rent for an apartment in Franklin is $1,463, a 3% decrease compared to the previous year, when the average rent was $1,507. 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