Homes for Rent in Franklin, MA

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What to Know About

Life in Franklin & Beyond

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

Massachusetts is rich in American history and renowned for its beautiful cities and breathtaking natural landscapes. Visit historical sites such as the Freedom Trail and USS Constitution Museum to experience the birthplace of America. In addition, it's the home to world-class universities such as Harvard University, Massachusetts Institute of Technology (MIT), and Boston College, adding to the state's innovation and education. Massachusetts also has a strong job market and a thriving economy.

For sports fans, Massachusetts is home to the New England Patriots (NFL), Boston Bruins (NFL), Boston Red Sox (MLB), Boston Celtics (NBA), and iconic venues such as Fenway Park and Gillette Stadium. In addition, the state offers a diverse range of outdoor experiences for those seeking adventure, from whale watching on the Cape Cod coast to hiking in the scenic Berkshire Mountains. See famous attractions like the Salem Witch Trials Memorial, the New England Aquarium, and the charming Martha's Vineyard.

With its warm and welcoming atmosphere, rich historical heritage, and endless opportunities, embrace the Bay State and discover why Massachusetts is the ideal place to call home.

Rental Market Trends

Franklin, MA

As of July 2025, Franklin's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Franklin's average rent is 9.1% ($250) lower than the Massachusetts average of $2,749 and 40.8% ($724) higher than the U.S. average of $1,775.

Average Rent
$2,499
Monthly ChangeMonth Over Month Change
Decreased5.2% ($136)
Yearly ChangeYear Over Year Change
Decreased4.7% ($122)
Avg. Days on MarketAverage Days on Market
34
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,179 Decreased0.8% ($18) Decreased2.2% ($48)
2 Beds $2,704 Decreased5.7% ($162) Decreased0.4% ($12)
3 Beds $3,283 Decreased7.2% ($253) Decreased9.1% ($329)
Nearby Cities Average Rent Avg. Rent vs. FranklinAverage Rent vs. Franklin Avg. Days on MarketAverage Days on Market
Bellingham $2,712 Increased8.5% ($213) 40 days
Plainville $2,337 Decreased6.5% ($162) 36 days
Milford $2,461 Decreased1.5% ($38) 33 days
Woonsocket $1,502 Decreased39.9% ($997) 27 days
Medfield $2,267 Decreased9.3% ($232) 35 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, MA.

The average rent in Franklin, MA is $2,499 per month.
Homes in Franklin typically rent for between $1,525 and $4,268 per month, with an average of $2,499 per month.
In Franklin, the average rent for a 1-bedroom home is $2,179 per month, for a 2-bedroom home, $2,704 per month, and a 3-bedroom home is $3,283 per month.
The average rent in Franklin is 40.8% ($724) higher than the national average of $1,775 per month.
The average rent in Franklin has decreased by 5.2% ($136) in the last month and decreased by 4.7% ($122) over the past year.
The rental market in Franklin, MA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Franklin, MA, the average rental stays on the market for approximately 34 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 10 rental properties available in Franklin, MA.
Based on the current averages, a household would need an annual income of $108,160 to comfortably afford a 2-bedroom home in Franklin.
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