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Rental Market Trends in Franklin, NH

What is the average rent in Franklin, NH?

$1,249/month

Average Rent

233 Sq Ft

Average Apartment Size

-2.8%

Decrease in the Last Year

As of July 2025, the average rent in Franklin, NH is $1,249 per month. This is 24% lower than the national average rent of $1,637/month, making renting in Franklin more affordable than most cities in the US. When you rent an apartment in Franklin, you can expect to pay about $1,271 per month for a studio, $1,249 for a one-bedroom apartment, and around $1,177 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,271/month
400 Sq Ft
One Bedroom
$1,249/month
233 Sq Ft
Two Bedroom
$1,177/month
840 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Franklin, NH?

In the past year, rent has decreased by 2.8%, which averages out to $34 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Franklin, NH
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Franklin, NH
Percentage*
Rent Range
0% Below $700/month
33% $700 - $1,000/month
67% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Franklin, NH?

Because the average rent in Franklin is $1,249, you’ll want to make about $4,163 per month or $49,956 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Franklin, NH

6 Available Apartments for Rent

Search for Nearby Apartments

How does Franklin, NH compare to other nearby cities and neighborhoods?

Use the tool below to compare Franklin, NH to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Nearby City Rent Trends

  • Boscawen Average Rent

Apartment communities in Franklin we think you'll love

Maple Leaf Apartments

Maple Leaf Apartments

80 Terrace Rd,
Franklin, NH 03235

Studio - 2 Beds | $1,250 - $1,650

408 Central St

408 Central St

408 Central St,
Franklin, NH 03235

Studio | $1,400

Cottages at Langley Cove

Cottages at Langley Cove

553 Weirs Blvd,
Laconia, NH 03246

3 Beds | $2,730

Estates at Langley Cove

Estates at Langley Cove

553 Weirs Blvd,
Laconia, NH 03246

2 Beds | $2,650

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United States New Hampshire Franklin Rental Trends

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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity