As of December 2024 the median rental rate in Franklin is $1,322 which is $80 (6%) less than the median of $1,402 for Johnson County, $171 (15%) more than the median of $1,151 for Indiana and $275 (17%) less than the median of $1,597 for the United States.
| Median | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|
| Franklin | $1,322 | $1,109 | $1,238 | $1,620 |
| Johnson County | $1,402 | $1,179 | $1,368 | $1,659 |
| Indiana | $1,151 | $887 | $1,115 | $1,452 |
| United States | $1,597 | $1,236 | $1,565 | $1,989 |
