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

As of August 2025, Franklin's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Franklin's average rent is 10.7% ($170) lower than the Pennsylvania average of $1,589 and 20.7% ($371) lower than the U.S. average of $1,790.

Average Rent
$1,419
Monthly ChangeMonth Over Month Change
Increased6.4% ($85)
Yearly ChangeYear Over Year Change
Decreased0.8% ($12)
Avg. Days on MarketAverage Days on Market
40
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,165 Increased1.7% ($20) Decreased8.4% ($107)
2 Beds $1,430 Increased6.7% ($90) Decreased5.4% ($82)
3 Beds $1,676 Increased12.6% ($188) Decreased5.9% ($106)
Nearby Cities Average Rent Avg. Rent vs. FranklinAverage Rent vs. Franklin Avg. Days on MarketAverage Days on Market
Grove City $1,436 Increased1.2% ($17) 38 days
Meadville $850 Decreased40.1% ($569) 45 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, PA.

The average rent in Franklin, PA is $1,419 per month.
Apartments in Franklin typically rent for between $816 and $2,179 per month, with an average of $1,419 per month.
In Franklin, the average rent for a 1-bedroom apartment is $1,165 per month, for a 2-bedroom apartment, $1,430 per month, and a 3-bedroom apartment is $1,676 per month.
The average rent in Franklin is 20.7% ($371) lower than the national average of $1,790 per month.
The average rent in Franklin has increased by 6.4% ($85) in the last month and decreased by 0.8% ($12) over the past year.
The rental market in Franklin, PA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Franklin, PA, the average rental stays on the market for approximately 40 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 25 rental properties available in Franklin, PA.
Based on the current averages, a household would need an annual income of $57,200 to comfortably afford a 2-bedroom apartment in Franklin.
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