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Franklin, OH

Area Guide

Avg Rent

$997

Population

12,030

Renter Mix

43% Rent

A cozy small-town atmosphere on the banks of the Miami River

Suburb Commuter Safe

Franklin sits along the Great Miami River, tucked between Dayton and Cincinnati in a spot that gives residents genuine access to two major metros without the noise or pace of either. Founded in 1796 by General William C. Schenck and named for Benjamin Franklin, the city carries its history proudly, especially along Main Street, where historic storefronts house local businesses in a compact downtown that feels lived-in and real. Neighborhoods here are largely residential and spread across roughly ten square miles, offering a quieter pace with a strong sense of community identity.

The rental market in Franklin leans toward traditional housing stock, with single-family rentals and modest apartment communities making up much of the inventory. Renters can also find updated units in smaller complexes and select townhome-style options throughout the city. Miami University Middletown is just a short drive away, adding an educational presence to the region. Interstate 75 runs along the city's eastern edge, putting commuters within comfortable reach of both Dayton and Cincinnati for work or weekend plans. Franklin keeps things grounded, offering a no-frills, close-knit setting with more within reach than its size might suggest.

Demographics

Median Household Income

$58,598

Average: $72,781

Education

1,498

Residents Have a Degree

Job Market

5,715

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

40 Years

Largest Age Group

30-39 Years

Approximately 14% of Residents

Under 20

24%

Over 65

19%

Housing Distribution

Franklin has more homeowners than renters.

Renters
43%
Non-Renters
57%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
9%
Other Education
91%

Rent Trends

As of June 2026, the average apartment rent in Franklin, OH is $670 for a studio, $992 for one bedroom, $1,058 for two bedrooms, and $1,575 for three bedrooms. Apartment rent in Franklin has increased by 2.3% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$992/month
674 Sq Ft
House
$2,384/month
1,747 Sq Ft
See Rental Market Trends in Franklin, OH

Getting Around

Somewhat Walkable

Walkability

30 / 100

Exceptionally Drivable

Drivability

100 / 100

Fairly Bikeable

Bikeability

50 / 100

Schools

Anthony Wayne Elementary School

Public

Grades K-5

295 Students

Pennyroyal Elementary School

Public

Grades K-5

294 Students

George H Gerke Elementary School

Public

Grades K-8

244 Students

Hunter Elementary School

Public

Grades K-5

220 Students

William C Schenck Elementary School

Public

Grades K-5

214 Students

Franklin High School

Public

Grades 6-12

627 Students

Franklin Junior High School

Public

Grades 6-8

617 Students

George H Gerke Elementary School

Public

Grades K-8

244 Students

Franklin High School

Public

Grades 6-12

627 Students

Points of Interest

Parks and Recreation

  • Twin Creek MetroPark
  • Cox Arboretum MetroPark
  • Lebanon Mason Monroe Railroad
  • Germantown MetroPark
  • Huffman MetroPark

Airports

  • James M Cox Dayton International

Top Apartments in Franklin

Houses for Rent in Franklin

Living in Franklin

History

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Franklin's roots reach back to 1796, when General William C. Schenck founded the settlement along the Great Miami River and named it for Benjamin Franklin. Incorporated in 1814 and later designated a city in 1951, Franklin preserves its heritage through its charming Downtown district on Main Street, where historic buildings now house cafes, taverns, and local businesses. Franklins First Log Cabin Post Office is one of the community's most notable landmarks and stands among four sites listed on the National Register, offering a tangible connection to the early 19th century when it served as one of Warren County's first four post offices.

The architectural character of Downtown Franklin reflects over two centuries of development along the river, with storefronts and structures that chronicle the city's evolution from frontier settlement to modern suburban community. These preserved buildings provide renters with a sense of place and history in their everyday surroundings, whether grabbing coffee or exploring the local shops that now occupy these historic spaces.

Transportation

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Franklin residents rely primarily on personal vehicles to get around. U.S. Route 127 and Ohio State Route 73 are the main roads running through the city, providing straightforward access to neighboring communities and the broader Miami Valley region. Interstate 75 is accessible nearby, connecting commuters to Dayton to the north and Cincinnati to the south. The Greater Dayton RTA offers some regional bus service, though most daily trips require a car. Dayton International Airport is roughly 30 miles away, making air travel reasonably accessible for residents.

Parks

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Franklin's outdoor scene is anchored by Clearcreek Park, a spacious green space with many sports fields and trails along Clear Creek. Next to downtown, Great Miami River Recreational Trail provides scenic trails along the riverbank, perfect for jogging, cycling, or a leisurely stroll. Outdoor enthusiasts can also head to Caesar Creek State Park, located within a short drive, for hiking, fishing, boating, and swimming around its large reservoir, making it a premier destination for year-round outdoor recreation.

Highlights

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Franklin sits along the scenic Great Miami River in Warren County, offering a small-town atmosphere with easy access to the larger Dayton and Cincinnati metro areas. The city boasts a charming historic downtown, outdoor recreation along the river trail system, and a lower cost of living compared to nearby urban centers, making it an appealing option for renters seeking affordability without sacrificing convenience.

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Methodology

† 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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.