What is the average rent in Downtown Franklin?

As of July 2026, the median asking rent in Downtown Franklin is $3,999 per month, based on 7 leased listings. By size, the median is $2,332 for a 1 bedroom and $3,999 for a 2 bedroom.

Is Downtown Franklin more expensive than Nashville overall?

Downtown Franklin's median asking rent is 60% above the Nashville citywide median of $2,500.

Downtown Franklin Rent Trends

Nashville, TN · July 2026 · Abode managed-community data (includes concession-adjusted effective rents)

Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026

Median asking rent: $3,999
Effective rent: $3,999
Vs. Nashville median: +60%
Avg days to lease: —
Active rentals now: 6

Asking vs. effective rent over time

Asking rentEffective rent (after concessions)Concession spread

1 bedroom

$2,332

— YoY · as of May 2026

2 bedroom

$3,999

— YoY · as of July 2026

Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology

Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026

Downtown Franklin renting, answered

What is the average rent in Downtown Franklin?: As of July 2026, the median asking rent in Downtown Franklin is $3,999 per month, based on 7 leased listings. By size, the median is $2,332 for a 1 bedroom and $3,999 for a 2 bedroom.
Is Downtown Franklin more expensive than Nashville overall?: Downtown Franklin's median asking rent is 60% above the Nashville citywide median of $2,500.

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