1-Bedroom Apartment Rent in Franklin, KY
Median asking rent for a 1-bedroom apartment in Franklin, Kentucky as of June 2026. That's +37% lower than the citywide median of $1,350 and +39% below the national 1-bedroom median of $1,395.
Income needed for a 1-bedroom in Franklin
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.
Rent by apartment size in Franklin
Compare Franklin's median rent across every apartment size.
Cheapest cities for a 1-bedroom in Kentucky
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Bardstown | $700 |
| 2 | Morehead | $700 |
| 3 | Paducah | $810 |
| 4 | Radcliff | $810 |
| 5 | Murray | $820 |
| 6 | Richmond | $830 |
| 7 | Franklin (this page) | $849 |
| 8 | Fort Wright | $860 |
| 9 | Hopkinsville | $880 |
| 10 | Owensboro | $880 |
| 11 | Newport | $890 |
| 12 | Nicholasville | $890 |
| 13 | Paris | $890 |
| 14 | Versailles | $890 |
| 15 | Winchester | $890 |
Most expensive cities for a 1-bedroom in Kentucky
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Prospect | $1,640 |
| 2 | Hebron | $1,290 |
| 3 | Burlington | $1,220 |
| 4 | Independence | $1,160 |
| 5 | Louisville | $1,159 |
| 6 | La Grange | $1,130 |
| 7 | Florence | $1,100 |
| 8 | Vine Grove | $1,070 |
| 9 | Lexington | $1,061 |
| 10 | Shelbyville | $1,040 |
| 11 | Shepherdsville | $1,010 |
| 12 | Bowling Green | $1,007 |
| 13 | Fort Thomas | $1,000 |
| 14 | Erlanger | $1,000 |
| 15 | Southgate | $979 |
Nearby cities — 1-bedroom rent
Considering nearby alternatives? 2 of these cities have cheaper 1-bedroom rents than Franklin.
| City | Distance | 1-Bedroom rent | vs Franklin |
|---|---|---|---|
| Frankfort, KY | 1.2 mi | $970 | +$121 (+14%) |
| Versailles, KY | 19 mi | $890 | +$41 (+5%) |
| Lawrenceburg, KY | 19.4 mi | $900 | +$51 (+6%) |
| Georgetown, KY | 21.6 mi | $960 | +$111 (+13%) |
| Shelbyville, KY | 23.8 mi | $1,040 | +$191 (+22%) |
| Lexington, KY | 30.1 mi | $1,061 | +$212 (+25%) |
| Nicholasville, KY | 33.2 mi | $890 | +$41 (+5%) |
| La Grange, KY | 39.1 mi | $1,130 | +$281 (+33%) |
| Paris, KY | 44 mi | $890 | +$41 (+5%) |
| Prospect, KY | 50.9 mi | $1,640 | +$791 (+93%) |
| Richmond, KY | 50.9 mi | $830 | $-19 (-2%) |
| Bardstown, KY | 51.8 mi | $700 | $-149 (-18%) |
1-Bedroom rent in Franklin — common questions
How much is a 1-bedroom apartment in Franklin?
As of June 2026, the median 1-bedroom apartment rent in Franklin, Kentucky is $849 per month. This is +37% below the citywide median of $1,350.
What income do you need to afford a 1-bedroom in Franklin?
Using the standard 30% rent-to-income rule, you would need an annual income of about $33,960 ($2,830/month gross), which works out to roughly $16.33/hour at a full-time job.
Is Franklin expensive for a 1-bedroom compared to the rest of the US?
Franklin's 1-bedroom median of $849 is +39% below the national 1-bedroom median of $1,395. It ranks in the 8th percentile of US cities tracked.
How does Franklin rank for 1-bedroom rent in Kentucky?
Among the 38 cities in Kentucky with 1-bedroom data, Franklin ranks #7 from cheapest to most expensive.
Are there cheaper 1-bedroom options near Franklin?
Yes — nearby cities with cheaper 1-bedroom rents include Richmond ($830), Bardstown ($700).