2-Bedroom Rent · August 2026

2-Bedroom Apartment Rent in Franklin, TN

$1,950/mo

Median asking rent for a 2-bedroom apartment in Franklin, Tennessee as of August 2026. That's +8% lower than the citywide median of $2,122 and +18% above the national 2-bedroom median of $1,655.

2-Bedroom median
$1,950
August 2026
vs city overall
-8%
$2,122 city median
vs national
+18%
$1,655 US median
Tennessee rank
#56
of 62 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
$78,000
Monthly gross
$6,500
Hourly (full-time)
$37.50

Rent by apartment size in Franklin

Compare Franklin's median rent across every apartment size.

Studio
$1,694
1-Bedroom
$1,759
2-Bedroom (current)
$1,950
3-Bedroom
$2,462
4+ Bedroom
$3,029

Cheapest cities for a 2-bedroom in Tennessee

#City2-Bedroom rent
1Greeneville$763
2Dyersburg$900
3Crossville$908
4Morristown$936
5Martin$940
6Athens$950
7Tullahoma$960
8Cookeville$1,010
9Manchester$1,010
10Kingsport$1,030
11Bristol$1,040
12Sevierville$1,062
13Kingston$1,120
14Johnson City$1,187
15Red Bank$1,237

Most expensive cities for a 2-bedroom in Tennessee

#City2-Bedroom rent
1Mount Juliet$2,330
2Farragut$2,320
3Spring Hill$2,220
4Thompsons Station$2,145
5La Vergne$2,090
6Nashville$1,977
7Franklin (this page)$1,950
8Germantown$1,930
9Lakeland$1,900
10Hendersonville$1,890
11Ooltewah$1,870
12Bartlett$1,810
13Brentwood$1,807
14Collierville$1,800
15Lenoir City$1,770

Nearby cities — 2-bedroom rent

Considering nearby alternatives? 5 of these cities have cheaper 2-bedroom rents than Franklin.

CityDistance2-Bedroom rentvs Franklin
Brentwood, TN8.1 mi$1,807$-143 (-7%)
Thompsons Station, TN8.6 mi$2,145+$195 (+10%)
Spring Hill, TN14.4 mi$2,220+$270 (+14%)
Nashville, TN17.4 mi$1,977+$27 (+1%)
Columbia, TN22.8 mi$1,460$-490 (-25%)
La Vergne, TN23 mi$2,090+$140 (+7%)
Smyrna, TN24.1 mi$1,670$-280 (-14%)
Ashland City, TN27.8 mi$1,540$-410 (-21%)
Goodlettsville, TN30.7 mi$1,750$-200 (-10%)
Mount Juliet, TN32.5 mi$2,330+$380 (+19%)
Murfreesboro, TN33.9 mi$1,728$-222 (-11%)
Hendersonville, TN34 mi$1,890$-60 (-3%)

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, Tennessee is $1,950 per month. This is +8% below the citywide median of $2,122.

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 $78,000 ($6,500/month gross), which works out to roughly $37.50/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 $1,950 is +18% above the national 2-bedroom median of $1,655. It ranks in the 66th percentile of US cities tracked.

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

Among the 62 cities in Tennessee 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 Brentwood ($1,807), Columbia ($1,460), Smyrna ($1,670).

All rent data
Franklin rent overview →
Trend
Franklin rent history →
Calculator
Franklin affordability →
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.