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Homes & Apartments for Rent in Franklin, WI

Showing 7 rentals in Franklin, then 13 more within 25 miles, nearest first.
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What to Know About

Life in Franklin & Beyond

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

Wisconsin, known for its picturesque landscapes, vibrant cities, and fascinating history, is a true gem of the Midwest. Discover Wisconsin's rich heritage by visiting its state-of-the-art museums, such as the Wisconsin Historical Museum in Madison or the Milwaukee Public Museum, or enroll in prestigious universities like the University of Wisconsin-Madison, Marquette University, and the University of Wisconsin-Milwaukee. The industries of manufacturing, agriculture, and tourism have built a robust economy in Wisconsin.

Combined with its diverse geography, it offers endless opportunities for outdoor enthusiasts to explore the state's stunning natural beauty. Enjoy fishing in the Great Lakes, skiing in its scenic mountains, or hiking in the picturesque Kettle Moraine State Forest. Cheer for the Green Bay Packers (NFL) and the Milwaukee Bucks (NBA), or take a scenic drive through the charming towns and countryside. And make sure to take advantage of famous attractions like Lambeau Field, Ice Age National Scientific Reserve, and the Wisconsin Dells.

Experience the best of both worlds with Wisconsin's unique blend of outdoor recreation and thriving economy, making it a great place to live.

Rental Market Trends

Franklin, WI

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As of November 2026, Franklin's rental market is stable, with rentals spending about 30 days on the market, about the same as in Wisconsin (31), and rents down 0.8% over the past year. Franklin's average rent is 6.8% ($104) higher than the Wisconsin average of $1,539 and 19.3% ($393) lower than the U.S. average of $2,036.

Average Rent
$1,643
Monthly ChangeMonth Over Month Change
Decreased0.15% ($2)
Yearly ChangeYear Over Year Change
Decreased0.8% ($13)
Days on Market
30
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,307 Decreased0.47% ($6) Decreased2.9% ($39)
2 Beds $1,664 Increased0.16% ($3) Increased1.3% ($21)
3 Beds $2,142 Decreased0.48% ($10) Decreased1.5% ($32)
Nearby Cities Average Rent Avg. Rent vs. FranklinAverage Rent vs. Franklin Days on Market
Greendale $1,616 Decreased1.6% ($27) 31 days
Hales Corners $1,552 Decreased5.5% ($91) 30 days
Oak Creek $2,113 Increased28.6% ($470) 30 days
Muskego $1,827 Increased11.2% ($184) 30 days
Franksville $1,679 Increased2.2% ($36) 57 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, WI.

The average rent in Franklin, WI is about $1,643 per month.
In Franklin, the average rent is about $1,307 per month for a 1-bedroom home, about $1,664 for a 2-bedroom home and about $2,142 for a 3-bedroom home.
The average rent in Franklin is 19.3% ($393) lower than the national average of $2,036 per month.
The rental market in Franklin, WI is currently stable, with rentals spending about 30 days on the market, about the same as in Wisconsin (31), and rents down 0.8% over the past year.
Based on the current averages, a household would need an annual income of about $66,600 to comfortably afford a 2-bedroom home in Franklin.
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