Franklin

Four red brick houses on a gentle hill in Franklin, TN.
An aerial view of Franklin's historic downtown area.
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.

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 March 2026, the average apartment rent in Franklin, TN is $1,714 for a studio, $1,746 for one bedroom, $2,148 for two bedrooms, and $3,044 for three bedrooms. Apartment rent in Franklin has decreased by -0.5% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,746/month
784 Sq Ft
House
$4,315/month
2,590 Sq Ft
Townhome
$2,824/month
1,675 Sq Ft
See Rental Market Trends in Franklin, TN

Cost of Living

The cost of living in Franklin, TN is 1.6% lower than the national average. Generally, housing in Franklin is 2.1% more expensive than the national average, with rent falling between $1,714 - $3,044. You can expect to pay 0.1% more for groceries, 3.2% less for utilities, and 9.8% less for transportation.

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Getting Around

Explore how walkable, bikeable, drivable, and transit-friendly Franklin, TN is for everyday living.

Car-Dependent

42 / 100

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

Minimal Transit

16 / 100

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

Somewhat Bikeable

34 / 100

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

Franklin Elementary

Public

Grades PK-5

Moore Elementary

Public

Grades PK-5

Oak View Elementary School

Public

Grades PK-5

Hunters Bend Elementary

Public

Grades K-5

Poplar Grove K-4

Public

Grades PK-5

Grassland Middle School

Public

Grades 6-8

Fred J Page Middle School

Public

Grades 6-8

Freedom Middle School

Public

Grades 6-8

Poplar Grove 5-8

Public

Grades K-8

Franklin High School

Public

Grades 9-12

Fred J Page High School

Public

Grades 9-12

Centennial High School

Public

Grades 9-12

Renaissance High School

Public

Grades 9-12

Vanguard Virtual High School

Public

Grades 9-12

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.

Search Nearby Rentals

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 February 2026.