2-Bedroom Rent · August 2026

2-Bedroom Apartment Rent in Franklin, OH

$1,230/mo

Median asking rent for a 2-bedroom apartment in Franklin, Ohio as of August 2026. That's +3% higher than the citywide median of $1,198 and +26% below the national 2-bedroom median of $1,655.

2-Bedroom median
$1,230
August 2026
vs city overall
+3%
$1,198 city median
vs national
-26%
$1,655 US median
Ohio rank
#56
of 123 cities

Income needed for a 2-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 2-bedroom at the current median rent.

Annual income
$49,200
Monthly gross
$4,100
Hourly (full-time)
$23.65

Rent by apartment size in Franklin

Compare Franklin's median rent across every apartment size.

Studio
$840
1-Bedroom
$950
2-Bedroom (current)
$1,230
3-Bedroom
$1,630
4+ Bedroom
$1,800

Cheapest cities for a 2-bedroom in Ohio

#City2-Bedroom rent
1Austintown$859
2Ashland$880
3Boardman$880
4Niles$880
5Warren$880
6Marietta$900
7Vandalia$904
8Sugarcreek$905
9Sidney$930
10Youngstown$935
11Alliance$940
12Louisville$940
13Steubenville$940
14Canton$957
15Massillon$960

Most expensive cities for a 2-bedroom in Ohio

#City2-Bedroom rent
1Blacklick Estates$2,099
2Kenwood$2,086
3Beachwood$2,068
4New Albany$2,020
5Mason$1,930
6Pickerington$1,860
7Maineville$1,860
8Sunbury$1,840
9Woodlawn$1,836
10Dublin$1,825
11Westerville$1,805
12Canal Winchester$1,788
13Lewis Center$1,770
14Sixteen Mile Stand$1,760
15West Chester$1,750

Nearby cities — 2-bedroom rent

Considering nearby alternatives? 4 of these cities have cheaper 2-bedroom rents than Franklin.

CityDistance2-Bedroom rentvs Franklin
Miamisburg, OH6.4 mi$1,280+$50 (+4%)
Middletown, OH8.3 mi$1,210$-20 (-2%)
Lebanon, OH8.6 mi$1,290+$60 (+5%)
West Carrollton, OH9.5 mi$1,110$-120 (-10%)
Centerville, OH10.6 mi$1,360+$130 (+11%)
Mason, OH13 mi$1,930+$700 (+57%)
South Lebanon, OH13 mi$1,660+$430 (+35%)
Trenton, OH13.1 mi$1,640+$410 (+33%)
Maineville, OH14.9 mi$1,860+$630 (+51%)
West Chester, OH15.5 mi$1,750+$520 (+42%)
Kettering, OH16.7 mi$1,130$-100 (-8%)
Dayton, OH16.9 mi$1,031$-199 (-16%)

2-Bedroom rent in Franklin — common questions

How much is a 2-bedroom apartment in Franklin?

As of August 2026, the median 2-bedroom apartment rent in Franklin, Ohio is $1,230 per month. This is +3% higher than the citywide median of $1,198.

What income do you need to afford a 2-bedroom in Franklin?

Using the standard 30% rent-to-income rule, you would need an annual income of about $49,200 ($4,100/month gross), which works out to roughly $23.65/hour at a full-time job.

Is Franklin expensive for a 2-bedroom compared to the rest of the US?

Franklin's 2-bedroom median of $1,230 is +26% below the national 2-bedroom median of $1,655. It ranks in the 22th percentile of US cities tracked.

How does Franklin rank for 2-bedroom rent in Ohio?

Among the 123 cities in Ohio with 2-bedroom data, Franklin ranks #56 from cheapest to most expensive.

Are there cheaper 2-bedroom options near Franklin?

Yes — nearby cities with cheaper 2-bedroom rents include Middletown ($1,210), West Carrollton ($1,110), Kettering ($1,130).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Franklin, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (August 2026) and exclude cities with median rent below $400 or above $20,000.