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Apartments for Rent in Franklin, PA

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What to Know About

Life in Franklin & Beyond

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

Pennsylvania is a state rich in history and charm. Explore the state's culture by visiting historic sites like Independence Hall, the Liberty Bell, and Gettysburg National Military Park. Pennsylvania is also home to respected universities like the University of Pennsylvania, Carnegie Mellon University, Drexel University, and Penn State University. Pennsylvania's economy thrives on manufacturing, healthcare, and technology. The state is also home to a thriving theater and art scene, with institutions such as the Kimmel Center for the Performing Arts, the Pittsburgh Symphony Orchestra, and the Pennsylvania Ballet.

For those who love the great outdoors, Pennsylvania offers opportunities for skiing in the Pocono Mountains, fishing in Lake Erie, and exploring the scenic Appalachian Mountains. Sports fans can catch professional games for teams like the Philadelphia Eagles (NFL), Pittsburgh Steelers (NFL), Philadelphia Flyers (NHL), Philadelphia Phillies (MLB), and Philadelphia 76ers (NBA). Be amazed by the popular attractions like the Philly Cheesesteak, the Amish Country, and the Pittsburgh Zoo.

Discover a blend of old and new in Pennsylvania, where history and progress coexist to make it a great place to live.

Rental Market Trends

Franklin, PA

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As of November 2026, Franklin's rental market is stable, with rentals spending about 31 days on the market, about the same as in Pennsylvania (30), and rents down 2.2% over the past year. Franklin's average rent is 23.2% ($371) lower than the Pennsylvania average of $1,596 and 39.8% ($811) lower than the U.S. average of $2,036.

Average Rent
$1,225
Monthly ChangeMonth Over Month Change
Decreased0.19% ($2)
Yearly ChangeYear Over Year Change
Decreased2.2% ($28)
Days on Market
31
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,070 Decreased0.33% ($4) Decreased1.7% ($18)
2 Beds $1,172 Decreased0.12% ($1) Decreased3.1% ($37)
3 Beds $1,355 Decreased0.10% ($1) Increased0.9% ($12)
Nearby Cities Average Rent Avg. Rent vs. FranklinAverage Rent vs. Franklin Days on Market
Oil City $1,064 Decreased13.1% ($161) 30 days
Grove City $1,191 Decreased2.8% ($34) 29 days
Meadville $1,084 Decreased11.5% ($141) 29 days
Based on rentals advertised on RentalSource in and around Franklin.
Frequently Asked Questions
Franklin Rental Market FAQs

Explore rental prices, market conditions, and affordability in Franklin, PA.

The average rent in Franklin, PA is about $1,225 per month.
In Franklin, the average rent is about $1,070 per month for a 1-bedroom apartment, about $1,172 for a 2-bedroom apartment and about $1,355 for a 3-bedroom apartment.
The average rent in Franklin is 39.8% ($811) lower than the national average of $2,036 per month.
The rental market in Franklin, PA is currently stable, with rentals spending about 31 days on the market, about the same as in Pennsylvania (30), and rents down 2.2% over the past year.
Based on the current averages, a household would need an annual income of about $46,900 to comfortably afford a 2-bedroom apartment in Franklin.
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