Downtown Franklin Rent Trends
Nashville, TN · June 2026 · Abode managed-community data (includes concession-adjusted effective rents)
Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026
- Median asking rent
- $1,525
- Effective rent
- $1,398
- Vs. Nashville median
- -39%
- Avg days to lease
- —
- Active rentals now
- 7
Asking vs. effective rent over time
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$2,332
— YoY · as of May 2026
2 bedroom
$1,525
— YoY · as of June 2026
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026
Downtown Franklin renting, answered
- What is the average rent in Downtown Franklin?
- As of June 2026, the median asking rent in Downtown Franklin is $1,525 per month, based on 16 leased listings. By size, the median is $2,332 for a 1 bedroom and $1,525 for a 2 bedroom.
- Is Downtown Franklin more expensive than Nashville overall?
- Downtown Franklin's median asking rent is 39% below the Nashville citywide median of $2,500.
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