Rentometer, Inc. | Data as of 10/22/2025
Franklin, KY — a vibrant metro community nestled just south of Louisville – offers a welcoming blend of historic charm and modern convenience. Residents enjoy tree‑lined streets, a lively downtown district, and easy access to the Kentucky River’s scenic parks. The city’s rich cultural scene, highlighted by local festivals, boutique shops, and acclaimed eateries, makes it an attractive destination for young professionals, families, and retirees seeking a balanced lifestyle within a short commute to Louisville’s employment hub.
The rental market in Franklin reflects this appeal with a diverse inventory of both apartments and single‑family homes. Two‑bedroom apartments typically fall in the $1100‑$1200 range, providing affordable options for couples and small families. For those preferring a house, two‑bedroom homes generally rent for around $1200‑$1300, while three‑bedroom houses command a broader $1600‑$1700 range, offering spacious living for growing households. This variety ensures that renters can find accommodations that match their budget and lifestyle preferences without sacrificing quality or location.
Neighborhoods such as the historic downtown district, the Riverfront area, and the well‑established North and South Franklin communities each bring unique attributes to the rental experience. Proximity to top‑rated schools, convenient shopping centers, and a network of bike trails enhances everyday living, while easy access to major highways supports seamless travel to the greater Louisville metro area. Whether you’re drawn to the vibrant cultural scene or the tranquility of suburban comforts, Franklin’s rental market delivers a compelling mix of options for every renter.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 2 Bedroom | $1,112 | $1,100 | $900 - $1,350 | $1,000 - $1,350 |
| House | 2 Bedroom | $1,266 | $1,200 | $950 - $1,650 | $950 - $1,650 |
| House | 3 Bedroom | $1,730 | $1,650 | $1,490 - $2,150 | $1,500 - $1,995 |
In the current period, the average rent in Franklin, KY was
$1,179 for 2 Bedroom, and
$1,709 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.