Apartments for Rent in Franklin IN
98 Rentals Available
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3 Beds$1,670Total Monthly PriceTotal Monthly Price NewPrices include all required monthly fees.House for Rent
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3 Beds$1,995Total Monthly PriceTotal Monthly Price NewPrices include all required monthly fees.House for Rent
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3 Beds$2,060Total Monthly PriceTotal Monthly Price NewPrices include all required monthly fees.House for Rent
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3 Beds$2,115Total Monthly PriceTotal Monthly Price NewPrices include all required monthly fees.House for Rent
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3 Beds$1,790Total Monthly PriceTotal Monthly Price NewPrices include all required monthly fees.House for Rent
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Franklin Market Snapshot
Average 1-Bedroom Rent is $1,229/mo
Up 5% From Last Year
View More Franklin Rent Insights -
3 Beds$1,945Total Monthly PriceTotal Monthly Price NewPrices include all required monthly fees.House for Rent
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Showing 40 of 46 Results - Page 1 of 2
Franklin, IN Apartments for Rent
Franklin, Indiana carries the kind of small-town character that's hard to manufacture and even harder to leave. As the county seat of Johnson County, the city draws energy from Franklin College, a liberal arts institution woven into the fabric of downtown life, bringing arts performances, athletic events, and an academic pulse to the area. The historic downtown square anchors the city's identity, where 19th-century architecture frames a lively calendar that includes beloved annual gatherings like Strawberries on the Square and the Holiday Lighting ceremony. Situated about 20 minutes south of Indianapolis, Franklin offers a quieter pace without disconnecting residents from the broader metro area.
The housing landscape here reflects the city's character: a mix of craftsman-style homes converted into rental units, townhomes, and well-maintained apartment communities that range from cozy one-bedroom layouts to more spacious multi-bedroom options. Renters can choose between the walkable energy of the downtown corridor and quieter residential pockets on the city's outer edges. Whether you're drawn to the college-town atmosphere, the historic streets, or the straightforward access to Indianapolis, Franklin delivers an approachable, grounded lifestyle with genuine small-city soul.
Franklin, IN Rental Insights
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The average rent in Franklin, IN is $1,224 per month. By comparison, renters across the U.S. pay an average of $1,663, which means housing in Franklin, IN is slightly less expensive than much of the country.
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You can find flexible rentals in Franklin, IN by exploring short-term rentals for temporary stays or browsing furnished apartments for move-in ready options that save time and hassle.
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Tour apartments from your couch with Matterport 3D Tours. We have 18 Franklin apartments with virtual tours available. Walk through the apartment, view room layouts and get a feel for the space before an in-person tour.
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Students renting in Franklin, IN have access to University of Indianapolis, IU - Indianapolis, IU - School of Medicine, and Ivy Tech Community College.