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
- $2,245
- Effective rent
- $2,089
- Vs. Nashville median
- -10%
- Avg days to lease
- —
- Active rentals now
- 635
Asking vs. effective rent over time
Asking rentEffective rent (after concessions)Concession spread
Studio
$1,670
— YoY · as of July 2026
1 bedroom
$1,744
+8.4% YoY · as of July 2026
2 bedroom
$2,245
+11.7% YoY · as of July 2026
3+ bedroom
$3,294
+3.7% 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
Franklin renting, answered
- What is the average rent in Franklin?
- As of July 2026, the median asking rent in Franklin is $2,245 per month, based on 877 leased listings. By size, the median is $1,744 for a 1 bedroom and $2,245 for a 2 bedroom.
- Are rents in Franklin going up or down?
- Median asking rent in Franklin is up 39.5% compared with a year ago.
- Is Franklin more expensive than Nashville overall?
- Franklin's median asking rent is 10% below the Nashville citywide median of $2,500.
Beyond the numbers
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