The Madison Franklin
801 Del Rio Pike,
Franklin, TN 37064
$1,401 - $2,305
1-2 Beds
The cultural center of Franklin, a charming Tennessee town just south of Nashville, Downtown Franklin is home to most of the city’s historical sites and most popular entertainment spots. The walkable atmosphere of Downtown Franklin makes it easy to explore all the charm that the city has to offer, as well as the community parks that lend a verdant character to this section of the city.
The 1858 Lotz House contains a large collection of 19th-century furniture. Downtown’s Main Street is lined with galleries, antique shops and restored Victorian buildings. You’ll find incredible loft apartments in venerable old buildings, as well as modern apartment communities with pools and more just outside the historic heart of Franklin.
As of December 2025, the average apartment rent in Downtown Franklin is $1,824 for one bedroom, $2,068 for two bedrooms, and $2,841 for three bedrooms. Apartment rent in Downtown Franklin has increased by 5.1% in the past year.
1 BR
753 sq ft
Average Sq Ft
$1,824/month
Average Rent
2 BR
1,081 sq ft
Average Sq Ft
$2,068/month
Average Rent
3 BR
1,385 sq ft
Average Sq Ft
$2,841/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.