Franklin

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Franklin, TN

Area Guide

Where history and fun mingle

Historic Shopping Walkable Festivals College

Franklin, Tennessee combines historic preservation with contemporary living, offering an appealing suburban setting just 21 miles south of Nashville. This city of over 83,000 residents features a picturesque downtown district and diverse rental options throughout its neighborhoods. Current average rents range from $1,746 for one-bedroom units to $3,071 for three-bedroom homes. While rental prices have remained relatively stable year-over-year, Franklin continues to draw residents with its tree-lined streets and established neighborhoods.

The heart of Franklin revolves around its historic downtown square, where locally-owned shops and eateries line the streets alongside the restored Franklin Theatre. Outdoor enthusiasts appreciate The Park at Harlinsdale Farm, a 200-acre former Tennessee Walking Horse farm, and Eastern Flank Battlefield Park, which preserves an important Civil War site. Notable areas include Cool Springs, with its extensive retail district; Westhaven, recognized for its architectural details; and Downtown Franklin, where historic properties blend with newer developments. Major employers in the area include Nissan North America's headquarters and Community Health Systems. The community calendar stays full with signature events like the Pilgrimage Music & Cultural Festival and the winter tradition of Dickens of a Christmas.

Explore the City

An aerial view of Franklin's historic downtown area.

A couple walks past the Historic Franklin Theater.

Two people walk a dog through Fort Granger Park.

Rent Trends

As of December 2025, the average apartment rent in Franklin, TN is $1,627 for a studio, $1,738 for one bedroom, $2,116 for two bedrooms, and $2,950 for three bedrooms. Apartment rent in Franklin has decreased by -2.2% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,738/month
783 Sq Ft
House
$3,548/month
2,190 Sq Ft
Condo
$2,060/month
1,234 Sq Ft
See Rental Market Trends in Franklin, TN

Cost of Living

The cost of living in Franklin, TN is 1.4% lower than the national average. Generally, housing in Franklin is 2.5% more expensive than the national average, with rent falling between $1,627 - $2,950. You can expect to pay 0.5% less for groceries, 4.1% less for utilities, and 9.7% less for transportation.

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Transportation

42

Car-Dependent

out of 100 WalkScore® Rating

This area is considered a car-dependent area and most errands will require a car.

16

Minimal Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

34

Somewhat Bikeable

out of 100 BikeScore® Rating

You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.

Schools

Trinity Elementary

Public

Grades PK-5

742 Students

Clovercroft Elementary School

Public

Grades K-5

690 Students

Oak View Elementary School

Public

Grades PK-5

533 Students

Moore Elementary

Public

Grades PK-4

495 Students

Hunters Bend Elementary

Public

Grades K-5

399 Students

Grassland Middle School

Public

Grades 6-8

862 Students

Fred J Page Middle School

Public

Grades 6-8

1,249 Students

Freedom Middle School

Public

Grades 7-8

511 Students

Hillsboro Elementary/ Middle School

Public

Grades PK-8

477 Students

Poplar Grove 5-8

Public

Grades 5-8

316 Students

Franklin High School

Public

Grades 9-12

1,801 Students

Centennial High School

Public

Grades 9-12

1,474 Students

Fred J Page High School

Public

Grades 9-12

1,284 Students

Renaissance High School

Public

Grades 9-12

167 Students

Points of Interest

Parks and Recreation

  • Pinkerton Park
  • Owl's Hill Nature Sanctuary
  • Deerwood Arboretum

Airports

  • Nashville International

Top Apartments in Franklin

Houses for Rent in Franklin

Property Management Companies in Franklin, TN

Living in Franklin

Highlights

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Franklin's sister city is Carleton Place, Ontario, a charming town roughly 29 miles west of Ottawa.

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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 November 2025.