Homes for Rent in Franklin County, KY

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What to Know About

Life in Franklin County & Beyond

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

Kentucky, known as the "Bluegrass State" and located in the Appalachian foothills, is famous for its horse racing industry, but there's so much more to explore. Immerse yourself in Kentucky's cultural legacy with visits to the Kentucky Derby Museum and the Muhammad Ali Center, or further your education at universities like the University of Kentucky and the University of Louisville. Growing agriculture, manufacturing, and healthcare industries support Kentucky's economy, providing residents with a wide range of job opportunities.

Kentucky has a rich and diverse landscape, ranging from rolling hills to bustling cities, offering something for everyone. Take in the scenic views of the Appalachians, hit the links for a round of golf, or even attend exciting college sports games at renowned local universities. In addition, immerse yourself in famous attractions like Churchill Downs, the Kentucky Horse Park, Mammoth Cave National Park, the Kentucky Bourbon Trail, and the historic city of Lexington.

Kentucky offers a high quality of life, a strong economy, and a beautiful natural environment, making it a great place to live. The state's friendly and welcoming atmosphere will make you feel at home, and its unique blend of urban and rural living creates a unique sense of balance.

Rental Market Trends

Franklin County, KY

As of June 2025, Franklin County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Franklin County's average rent is 8.2% ($107) lower than the Kentucky average of $1,298 and 33.2% ($593) lower than the U.S. average of $1,784.

Average Rent
$1,191
Monthly ChangeMonth Over Month Change
Increased3.4% ($39)
Yearly ChangeYear Over Year Change
Increased19.3% ($193)
Avg. Days on MarketAverage Days on Market
33
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $984 Increased33% ($244) Increased24.7% ($195)
2 Beds $1,168 Increased27.7% ($253) Increased27.1% ($249)
3 Beds $1,317 Decreased2.2% ($30) Increased20.9% ($228)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Franklin County Rental Market FAQs

Explore rental prices, market trends, and availability in Franklin County, KY.

The average rent in Franklin County, KY is $1,191 per month.
Homes in Franklin County typically rent for between $689 and $1,712 per month, with an average of $1,191 per month.
In Franklin County, the average rent for a 1-bedroom home is $984 per month, for a 2-bedroom home, $1,168 per month, and a 3-bedroom home is $1,317 per month.
The average rent in Franklin County is 33.2% ($593) lower than the national average of $1,784 per month.
The average rent in Franklin County has increased by 3.4% ($39) in the last month and increased by 19.3% ($193) over the past year.
The rental market in Franklin County, KY, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Franklin County, KY, the average rental stays on the market for approximately 33 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 8 rental properties available in Franklin County, KY.
Based on the current averages, a household would need an annual income of $46,720 to comfortably afford a 2-bedroom home in Franklin County.
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