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Apartments for Rent in Franklin, IN

37 Rentals Available
Apartments for Rent in Franklin, IN. 37 Rentals Available
  • a kitchen with a bar and a living room with a couch
    Today

    1600 Traditions Court, Franklin, IN 46131
    2 BEDS $1,460+
    3 BEDS $1,715+
    4 BEDS Ask for pricing
  • a living room with couches and a coffee table
    Today

    722 In-144, Franklin, IN 46131
    1 BED $1,149
    2 BEDS $1,299
    3 BEDS Ask for pricing
  • a living room with a couch and a table
    Today

    820 Hospital Rd, Franklin, IN 46131
    STUDIO Ask for pricing
    1 BED $999
    2 BEDS Ask for pricing
  • the front of a brick house with a driveway and grass
    Today

    1510 DOUGLAS DR, FRANKLIN, IN 46131
    4 BEDS Ask for pricing
  • a kitchen with black appliances and wooden cabinets
    Today

    1523 Michigan Rd, Franklin, IN 46131
    3 BEDS $1,840
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  • a spacious living room with carpet and a ceiling fan
    Today

    2308 Bridlewood Drive, Franklin, IN 46131
    4 BEDS $2,025
  • a kitchen with stainless steel appliances and wooden cabinets
    Today

    1329 Fiesta Drive, Franklin, IN 46131
    4 BEDS $2,040
  • an empty kitchen with white cabinets and a counter top
    Today

    4007 Magnolia Drive, Franklin, IN 46131
    3 BEDS $1,665
  • 2015 Franklin Court 1-2 Beds Apartment for Rent
    Today

    2015 Franklin Court, Franklin, IN 46131
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • a living room with a dining room table and a kitchen
    Today

    2018 Cedar Lane, Franklin, IN 46131
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing

  • More Rentals Near Franklin, IN

  • a living room with couches and chairs and large windows
    Today

    4423 Highway 31 E., Clarksville, IN 47129
    1 BED $900+
  • Interactive banner rent
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  • a group of pictures of a house with steps and a door
    Today

    786 Hickory Pine Drive, New Whiteland, IN 46184
    4 BEDS $1,595
  • a brick house with a white garage door
    Today

    714 Country Gate Dr, New Whiteland, IN 46184
    4 BEDS Ask for pricing
  • a living room with a fireplace and wooden floors
    Today

    2458 Providence Ct, Greenwood, IN 46143
    3 BEDS $1,880
  • a white house with a brown garage door
    Today

    1977 Calvert Circle, Greenwood, IN 46143
    3 BEDS $2,195
  • a house with a white garage door in front of it
    Today

    839 Wheatgrass Dr, Greenwood, IN 46143
    3 BEDS Ask for pricing
  • a spacious living room with white carpet and white walls
    Today

    1878 Prairie Sky Ln, Greenwood, IN 46143
    3 BEDS $2,055
  • Interactive banner bedroom
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    looking for?
  • a tan house with a white garage door
    Today

    2114 Summer Breeze Way, Greenwood, IN 46143
    3 BEDS Ask for pricing
  • a living room with couches and chairs and a rug
    Today

    5934 Redwood Way, Greenwood, IN 46143
    2 BEDS $1,899+
  • a kitchen with stainless steel appliances and wooden cabinets
    Today

    895 Grandiflora Dr, Greenwood, IN 46143
    4 BEDS $2,100
  • a white and brick house with a white garage door
    Today

    1449 Green Spring Way, Indianapolis, IN 46143
    3 BEDS $2,125
  • Today

    1075 Springwater Drive, Greenwood, IN 46143
    4 BEDS Ask for pricing
  • the living room of a house with carpet and two windows
    Today

    673 Loon Ln, Greenwood, IN 46143
    3 BEDS $1,760
  • a large living room with a table and chairs
    Today

    1630 Saddle Lane, Greenwood, IN 46143
    1 BED $1,085
    2 BEDS $1,200+
  • a brick house with a white garage door
    Today

    2994 Welcome Way, Greenwood, IN 46143
    3 BEDS $2,120
10-15-city
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Franklin, IN rent trends

Rental prices in Franklin, IN have increased by 3.32% over the past year. The average rent moved from $1,395 to $1,442.

Check out the average rent prices in Franklin by neighborhood.

Compared to the national average rent of $1,740, the average rent in Franklin, IN is $1,442.

Average rent in Franklin, IN

$1,442/mo Franklin, IN average rental price, February 2026
Image Average Rent

The average monthly rent of apartments in Franklin, IN is $1,442.

    What's the typical rent budget in Franklin, IN?

    Around 28% of Franklin’s apartments are in the $1,501-$2,000 price range. 72% of apartments are priced between $1,001-$1,500.

    The largest share of rentals in Franklin, IN (72%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Franklin, IN

    24 /100
    Car-Dependent
    33 /100
    Somewhat Bikeable
    Walk Score®: 24, Bike Score®: 33

    Frequently asked questions

    When were prices and availability in Franklin, IN last updated?

    Prices and availability in Franklin, IN were last updated on 6 Apr 2026.

    What are the best apartments in Franklin, IN?

    The best apartments in Franklin, IN are: Brixin Franklin, Stonebrook of Franklin, Meadowood, 1510 DOUGLAS DR and 1523 Michigan Rd Franklin, IN 46131.

    What is the average rent in Franklin, IN?

    The average rent in Franklin, IN is $1,321.

    What is the price range for a 1-bedroom apartment in Franklin, IN?

    The price range for a 1-bedroom apartment in Franklin, IN is between $999 and $1,149.

    What is the price range for a 2-bedroom apartment in Franklin, IN?

    The price range for a 2-bedroom apartment in Franklin, IN is between $999 and $1,550.

    What is the price range for a 3-bedroom apartment in Franklin, IN?

    The price range for a 3-bedroom apartment in Franklin, IN is between $1,149 and $1,840.

    What type of rental buildings are in Franklin, IN?

    In Franklin 34% of the housing is rented out compared to 66% of homes are owned, according to the most recent Census Bureau estimates. 6% of Franklin's apartments are found in large buildings of 50 units or more, 48% are located in smaller apartment complexes with less than 50 units, and 42% are single-family rentals.

    What do typical apartment communities look like in Franklin, IN?

    The average age of rental buildings in Franklin is 24 years old, with 49% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 2 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

    What apartment floorplans are common in Franklin, IN?

    Rental apartments in Franklin come in a range of sizes and floorplans. Studio apartments represent 0.4% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 26% of the total apartments in the city, while 2-bedroom floorplans represent around 56% of all rentals in Franklin. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.

    Living in Franklin, IN

    Franklin, a city in Johnson County, Indiana, is conveniently located about 20 miles south of Indianapolis. This proximity allows residents easy access to the larger city's amenities while enjoying a quieter, suburban lifestyle. Franklin is a hub for the manufacturing sector, hosting several large companies that bolster the local economy. For outdoor enthusiasts, Franklin offers picturesque spaces like the 110-acre Franklin Community Park, which provides ample opportunities for recreation including walking trails, sports fields, and a large playground. Franklin's arts scene is thriving with the presence of the Artcraft Theatre, a historic 1922 movie house that now hosts film series, concerts, and other cultural events. The city's rich history is also preserved at sites like the Johnson County Museum of History. Diverse neighborhoods cater to various lifestyles, whether one is seeking a bustling community atmosphere or a quieter suburban feel. Culinary offerings in Franklin are varied, with local dining favorites serving everything from classic American to authentic Asian cuisines. The Franklin Community School Corporation serves the area, ensuring educational opportunities for families residing in the city.

    Renting in Franklin, IN

    Franklin provides a variety of rental options across its different neighborhoods. Architectural styles range from modern apartment complexes to charming single-family homes. Historic downtown Franklin is a desirable area for those who appreciate older, character-rich homes close to cultural institutions like the Franklin College and local cafes. On the other hand, newer developments near Interstate 65 offer more contemporary housing options with convenient access to both Franklin and Indianapolis. Typical rental properties include spacious apartments, townhomes, and detached houses, catering to everyone from young professionals to larger families.

    Things for renting

    Shopping in Franklin, IN

    Franklin boasts several shopping centers including Franklin Place and Canary Creek Shopping Center, offering a mix of national retailers and local shops. The downtown area is known for its specialty stores and antique shops, providing a unique shopping experience that contrasts with the more standard offerings of larger malls. Common grocery chains like Kroger and Walmart are present, along with local markets such as Courtney's Kitchen & Grocery which offers homemade goods and local produce.

    Transportation in Franklin, IN

    Public transportation in Franklin includes a local bus service that connects residents to key areas within the city and nearby Indianapolis. The Franklin Double Map App aids users in navigating these routes effectively. Major highways such as U.S. 31 and I-65 are easily accessible, facilitating straightforward travel both within and outside the city. Although Franklin does not have its own airport, the Indianapolis International Airport is less than an hour's drive away, supporting regional and international travel needs.

    Look for apartments near me

    Are you looking to land that one apartment near you that ticks all the boxes? Now you can browse through available RentCafe apartment listings in your area, rated and reviewed by verified residents. Comparing the size, price, amenities and location of apartments for rent near you is easier than ever. Do you feel like expanding the search beyond your neighborhood and ZIP code? Browse apartments for rent in your city and state to find the best fit, wherever you are in the U.S. Somewhere out there is the perfect apartment just waiting for you.

    Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

    RentCafe is your one-stop shop for finding a great new apartment in Franklin, IN. Easily search through a wide selection of apartments for rent in Franklin, IN, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you're interested in. Browse Franklin, IN apartments with rents starting from $900 and submit your rental application today!

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!