Franklin, IN Rent History
123 months of data, 2016–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-09)
$1,687
1-year change
+4.8%
$77/mo
5-year change
+30.7%
$396/mo
10-year change
+75.2%
$724/mo
Monthly rent trend
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Year-by-year rent in Franklin
| Year | Median rent | YoY change | vs 2016 |
|---|---|---|---|
| 2016 | $994/mo | — | 0.0% |
| 2017 | $996/mo | +0.2% | +0.2% |
| 2018 | $1,038/mo | +4.2% | +4.4% |
| 2019 | $1,058/mo | +1.9% | +6.4% |
| 2020 | $1,122/mo | +6.0% | +12.9% |
| 2021 | $1,228/mo | +9.4% | +23.5% |
| 2022 | $1,322/mo | +7.7% | +33.0% |
| 2023 | $1,441/mo | +9.0% | +45.0% |
| 2024 | $1,490/mo | +3.4% | +49.9% |
| 2025 | $1,590/mo | +6.7% | +60.0% |
| 2026 | $1,641/mo | +3.2% | +65.1% |
Frequently asked questions
How much has rent in Franklin changed since 2016?
Median rent in Franklin, IN was $994 in 2016-05 and is $1,687 as of 2026-09 — a change of $693 per month over 10 years.
How much has Franklin rent increased in the last 5 years?
Over the past 5 years, median rent in Franklin, IN has changed +30.7% ($396 per month). The current median is $1,687.
What has rent in Franklin done over the past decade?
Over the past 10 years, median rent in Franklin, IN has changed +75.2% ($724 per month). It is now $1,687.
Is rent in Franklin going up or down year over year?
Year over year, median rent in Franklin, IN has increased +4.8% ($77/mo). Current median: $1,687.