Houses for Rent in Franklin, TN

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What to Know About

Life in Franklin & Beyond

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

Tennessee is known for its dazzling natural beauty, rich history, and vibrant culture. With its rolling hills, majestic mountains, and sparkling waterways, Tennessee has something for everyone from the Great Smoky Mountains National Park, the Memphis Zoo, the Country Music Hall of Fame, and the Jack Daniel's Distillery. Tennessee is also home to respected institutions such as Vanderbilt University and the University of Tennessee. In addition, Tennessee's economy is also thriving, driven by a mix of industries, including healthcare, finance, and manufacturing.

For adventure seekers, there is plenty to do in Tennessee, from fishing in the Tennessee River to hiking in the Smoky Mountains. Sports fans can cheer on the Tennessee Titans (NFL), Nashville Predators (NHL), and Memphis Grizzlies (NBA). Discover and indulge in famous attractions like the Ryman Auditorium, the Parthenon, and Graceland. The state is also known for its rich music history, including blues, country, and rock-and-roll, and there is a thriving theater and arts scene in cities like Nashville and Memphis.

Its high quality of life, strong economy, and friendly community make Tennessee a great place to call home.

Rental Market Trends

Franklin, TN

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 108.8% ($1,532) higher than the Tennessee average of $1,408 and 65.6% ($1,165) higher than the U.S. average of $1,775.

Average Rent
$2,940
Monthly ChangeMonth Over Month Change
Decreased0.2% ($5)
Yearly ChangeYear Over Year Change
Decreased0.9% ($27)
Avg. Days on MarketAverage Days on Market
27
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,983 Increased0.8% ($15) Decreased5.2% ($108)
2 Beds $3,239 Decreased0.2% ($5) Decreased0% ($1)
3 Beds $4,165 Increased0.5% ($21) Decreased4.5% ($198)
Nearby Cities Average Rent Avg. Rent vs. FranklinAverage Rent vs. Franklin Avg. Days on MarketAverage Days on Market
Thompsons Station $1,845 Decreased37.2% ($1095) 29 days
Brentwood $2,426 Decreased17.5% ($514) 23 days
Nolensville $2,495 Decreased15.1% ($445) 28 days
Spring Hill $1,682 Decreased42.8% ($1258) 23 days
Fairview $1,613 Decreased45.1% ($1327) 27 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, TN.

The average rent in Franklin, TN is $2,940 per month.
Houses in Franklin typically rent for between $1,388 and $5,415 per month, with an average of $2,940 per month.
In Franklin, the average rent for a 1-bedroom house is $1,983 per month, for a 2-bedroom house, $3,239 per month, and a 3-bedroom house is $4,165 per month.
The average rent in Franklin is 65.6% ($1,165) higher than the national average of $1,775 per month.
The average rent in Franklin has decreased by 0.2% ($5) in the last month and decreased by 0.9% ($27) over the past year.
The rental market in Franklin, TN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Franklin, TN, the average rental stays on the market for approximately 27 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 60 rental properties available in Franklin, TN.
Based on the current averages, a household would need an annual income of $129,560 to comfortably afford a 2-bedroom house in Franklin.
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