Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
•11 min read
What to Know About
Life in Sheffield & Beyond
Sheffield shares many of the great qualities that make Iowa a desirable place to live.
Iowa is known as the "Hawkeye State" and America's heartland. This beautiful state is famous for its rolling hills, fertile farmland, and vibrant cities. Immerse yourself in Iowa's rich history by visiting the Herbert Hoover Presidential Library and Museum, Amana Colonies, or developing your skills at the University of Iowa and Iowa State University. Iowa also has a vibrant cultural scene, with dozens of professional theaters, art galleries, and museums spread throughout the state.
Iowa is a haven for outdoor enthusiasts, offering a variety of activities such as hiking the scenic Loess Hills, camping and fishing in its state parks and lakes, and winter sports like skiing and snowboarding. Explore famous attractions like the State Capitol Building, the Des Moines Art Center, and the historic town of Cedar Rapids. With its friendly communities, affordable living, and thriving economy, Iowa offers a high quality of life and a strong sense of community, making it an ideal place for those looking for a fulfilling lifestyle.
Discover why Iowa is a place that is sure to steal your heart and capture your imagination. Experience the best of what the Midwest offers, and you'll see why it's such a great place to live.
Rental Market Trends
Franklin County, IA
As of June 2026, Franklin County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Franklin County's average rent is 36.9% ($410) lower than the Iowa average of $1,112 and 60.9% ($1,095) lower than the U.S. average of $1,797.
Average Rent
$702
Monthly ChangeMonth Over Month Change
No change
Yearly ChangeYear Over Year Change
9.3% ($72)
Avg. Days on MarketAverage Days on Market
35
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $626 | 10.3% ($72) | 12.8% ($92) |
| 2 Beds | $710 | 11.8% ($95) | 10.2% ($81) |
| 3 Beds | $995 | 9.9% ($109) | 0.3% ($3) |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Franklin County Rental Market FAQs
Explore rental prices, market trends, and availability in Franklin County, IA.
The average rent in Franklin County, IA is $702 per month.
Homes in Franklin County typically rent for between $600 and $1,294 per month, with an average of $702 per month.
In Franklin County, the average rent for a 1-bedroom home is $626 per month, for a 2-bedroom home, $710 per month, and a 3-bedroom home is $995 per month.
The average rent in Franklin County is 60.9% ($1,095) lower than the national average of $1,797 per month.
The average rent in Franklin County has remained stable in the last month and decreased by 9.3% ($72) over the past year.
The rental market in Franklin County, IA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Franklin County, IA, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There is currently 1 rental property available in Franklin County, IA.
Based on the current averages, a household would need an annual income of $28,400 to comfortably afford a 2-bedroom home in Franklin County.
