Ohio has rolling hills, scenic countryside, and friendly people. Immerse yourself in Ohio's cultural heritage by visiting iconic sites like the Rock and Roll Hall of Fame, the Cincinnati Museum Center, and the National Museum of the United States Air Force. Ohio is also home to renowned universities like Ohio State University and the University of Cincinnati, where you can take your knowledge further. In addition, the economy of Ohio is thriving with solid manufacturing, finance, and healthcare industries.

It's also a paradise for outdoor enthusiasts with its picturesque parks and recreational areas, such as the Hocking Hills, the Cuyahoga Valley National Park, and the Great Lakes. Ohio is also home to several sports teams, including the Cleveland Browns (NFL), Cincinnati Bengals (NFL), Cleveland Indians (MLB), Cincinnati Reds (MLB), and Cleveland Cavaliers (NBA). In addition, discover iconic attractions like the Pro Football Hall of Fame, the Rock and Roll Hall of Fame, Columbus Zoo, and Cincinnati Zoo.

Whether you are looking for a bustling city or quiet countryside, Ohio has something for everyone, making it a great place to live.

Rental Market Trends

Franklin, OH

As of April 2026, Franklin's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Franklin's average rent is 68.2% ($904) higher than the Ohio average of $1,325 and 24.7% ($441) higher than the U.S. average of $1,788.

Average Rent

$2,229

Monthly ChangeMonth Over Month Change

1.2% ($27)

Yearly ChangeYear Over Year Change

12% ($303)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,954	6.2% ($114)	3.1% ($62)
2 Beds	$2,464	5.7% ($132)	1.4% ($36)
3 Beds	$2,762	6.8% ($176)	11.2% ($350)

Nearby Cities	Average Rent	Avg. Rent vs. FranklinAverage Rent vs. Franklin	Avg. Days on MarketAverage Days on Market
Springboro	$2,418	8.5% ($189)	40 days
Middletown	$1,212	45.6% ($1017)	28 days
Monroe	$1,141	48.8% ($1088)	24 days
Lebanon	$1,113	50.1% ($1116)	41 days
Miamisburg	$1,072	51.9% ($1157)	29 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, OH.

What is the average rent in Franklin, OH?

The average rent in Franklin, OH is $2,229 per month.

What is the rental price range for homes in Franklin, OH?

Homes in Franklin typically rent for between $1,368 and $3,591 per month, with an average of $2,229 per month.

What is the average rent for different bedroom sizes in Franklin, OH?

In Franklin, the average rent for a 1-bedroom home is $1,954 per month, for a 2-bedroom home, $2,464 per month, and a 3-bedroom home is $2,762 per month.

How do rent prices in Franklin, OH compare with the national average?

The average rent in Franklin is 24.7% ($441) higher than the national average of $1,788 per month.

How have rent prices in Franklin, OH changed recently?

The average rent in Franklin has increased by 1.2% ($27) in the last month and decreased by 12.0% ($303) over the past year.

How competitive is the rental market in Franklin, OH?

The rental market in Franklin, OH, is currently stable, offering a predictable rental market where most units lease within a few weeks.

How long do rentals stay on the market in Franklin, OH?

In Franklin, OH, the average rental stays on the market for approximately 44 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Franklin, OH?

There are currently 4 rental properties available in Franklin, OH.

Can I afford to rent a home in Franklin, OH?

Based on the current averages, a household would need an annual income of $98,560 to comfortably afford a 2-bedroom home in Franklin.