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Franklin Rent Trends

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

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

Median asking rent
$2,020
Effective rent
$1,861
Vs. Nashville median
-1%
Avg days to lease
—
Active rentals now
1,066

Asking vs. effective rent over time

$1.6k$1.8k$2.0k$2.3kAug ’23Feb ’24Aug ’24Feb ’25Aug ’25Feb ’26Sep ’26
Asking rentEffective rent (after concessions)Concession spread
Studio
$1,836
— YoY · as of September 2026
1 bedroom
$1,765
— YoY · as of September 2026
2 bedroom
$2,198
— YoY · as of September 2026
3+ bedroom
$3,250
— YoY · as of September 2026

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

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

Franklin renting, answered

What is the average rent in Franklin?
As of September 2026, the median asking rent in Franklin is $2,020 per month, based on 1567 leased listings. By size, the median is $1,765 for a 1 bedroom and $2,198 for a 2 bedroom.
Is Franklin more expensive than Nashville overall?
Franklin's median asking rent is 1% below the Nashville citywide median of $2,035.

Beyond the numbers

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