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Franklin Rent Trends

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

Data through October 2026 · Last updated November 7, 2026 · Next release: early December 2026

Median asking rent
$1,995
Effective rent
$1,822
Vs. Nashville median
+1%
Avg days to lease
—
Active rentals now
763

Asking vs. effective rent over time

$1.6k$1.8k$2.0k$2.3kAug ’23Mar ’24Oct ’24May ’25Dec ’25Oct ’26
Asking rentEffective rent (after concessions)Concession spread
Studio
$1,709
— YoY · as of October 2026
1 bedroom
$1,789
— YoY · as of October 2026
2 bedroom
$2,155
— YoY · as of October 2026
3+ bedroom
$2,953
— YoY · as of October 2026

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

Data through October 2026 · Last updated November 7, 2026 · Next release: early December 2026

Franklin renting, answered

What is the average rent in Franklin?
As of October 2026, the median asking rent in Franklin is $1,995 per month, based on 1631 leased listings. By size, the median is $1,789 for a 1 bedroom and $2,155 for a 2 bedroom.
Is Franklin more expensive than Nashville overall?
Franklin's median asking rent is 1% above the Nashville citywide median of $1,968.

Beyond the numbers

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