Franklin, IN Rent History

120 months of data, 20162026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$1,808
1-year change
+8.8%
$146/mo
5-year change
+32.0%
$438/mo
10-year change
+67.9%
$731/mo

Monthly rent trend

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Year-by-year rent in Franklin

YearMedian rentYoY changevs 2016
2016$1,084/mo0.0%
2017$1,085/mo+0.1%+0.1%
2018$1,129/mo+4.1%+4.2%
2019$1,159/mo+2.7%+6.9%
2020$1,220/mo+5.3%+12.5%
2021$1,335/mo+9.4%+23.2%
2022$1,439/mo+7.8%+32.7%
2023$1,571/mo+9.2%+44.9%
2024$1,621/mo+3.2%+49.5%
2025$1,643/mo+1.4%+51.6%
2026$1,786/mo+8.7%+64.8%

Frequently asked questions

How much has rent in Franklin changed since 2016?

Median rent in Franklin, IN was $1,084 in 2016-05 and is $1,808 as of 2026-06 — a change of $724 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 +32.0% ($438 per month). The current median is $1,808.

What has rent in Franklin done over the past decade?

Over the past 10 years, median rent in Franklin, IN has changed +67.9% ($731 per month). It is now $1,808.

Is rent in Franklin going up or down year over year?

Year over year, median rent in Franklin, IN has increased +8.8% ($146/mo). Current median: $1,808.

See full rent data for Franklin, IN
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.