3-Bedroom Apartment Rent in Franklin, TN
Median asking rent for a 3-bedroom apartment in Franklin, Tennessee as of October 2026. That's +16% higher than the citywide median of $2,038 and +11% above the national 3-bedroom median of $2,130.
Income needed for a 3-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 3-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 3-bedroom in Tennessee
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Greeneville | $712 |
| 2 | Crossville | $874 |
| 3 | Morristown | $961 |
| 4 | Lawrenceburg | $1,140 |
| 5 | Athens | $1,180 |
| 6 | Dayton | $1,190 |
| 7 | Dyersburg | $1,190 |
| 8 | Brownsville | $1,200 |
| 9 | Elizabethton | $1,250 |
| 10 | Tullahoma | $1,310 |
| 11 | Sevierville | $1,314 |
| 12 | Kingsport | $1,323 |
| 13 | Bristol | $1,340 |
| 14 | Cookeville | $1,380 |
| 15 | Jefferson City | $1,380 |
Most expensive cities for a 3-bedroom in Tennessee
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Farragut | $2,980 |
| 2 | Mount Juliet | $2,940 |
| 3 | Spring Hill | $2,810 |
| 4 | La Vergne | $2,640 |
| 5 | Thompsons Station | $2,568 |
| 6 | Germantown | $2,540 |
| 7 | Lakeland | $2,500 |
| 8 | Nashville | $2,498 |
| 9 | Hendersonville | $2,390 |
| 10 | Bartlett | $2,380 |
| 11 | Collierville | $2,370 |
| 12 | Franklin (this page) | $2,365 |
| 13 | Ooltewah | $2,360 |
| 14 | Arlington | $2,310 |
| 15 | Cordova | $2,290 |
Nearby cities — 3-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 3-bedroom rents than Franklin.
| City | Distance | 3-Bedroom rent | vs Franklin |
|---|---|---|---|
| Brentwood, TN | 8.1 mi | $2,274 | $-91 (-4%) |
| Thompsons Station, TN | 8.6 mi | $2,568 | +$203 (+9%) |
| Spring Hill, TN | 14.4 mi | $2,810 | +$445 (+19%) |
| Nashville, TN | 17.4 mi | $2,498 | +$133 (+6%) |
| Columbia, TN | 22.8 mi | $1,840 | $-525 (-22%) |
| La Vergne, TN | 23 mi | $2,640 | +$275 (+12%) |
| Smyrna, TN | 24.1 mi | $2,110 | $-255 (-11%) |
| Ashland City, TN | 27.8 mi | $1,940 | $-425 (-18%) |
| Goodlettsville, TN | 30.7 mi | $2,210 | $-155 (-7%) |
| Mount Juliet, TN | 32.5 mi | $2,940 | +$575 (+24%) |
| Murfreesboro, TN | 33.9 mi | $2,183 | $-182 (-8%) |
| Hendersonville, TN | 34 mi | $2,390 | +$25 (+1%) |
3-Bedroom rent in Franklin — common questions
How much is a 3-bedroom apartment in Franklin?
As of October 2026, the median 3-bedroom apartment rent in Franklin, Tennessee is $2,365 per month. This is +16% higher than the citywide median of $2,038.
What income do you need to afford a 3-bedroom in Franklin?
Using the standard 30% rent-to-income rule, you would need an annual income of about $94,600 ($7,883/month gross), which works out to roughly $45.48/hour at a full-time job.
Is Franklin expensive for a 3-bedroom compared to the rest of the US?
Franklin's 3-bedroom median of $2,365 is +11% above the national 3-bedroom median of $2,130. It ranks in the 61th percentile of US cities tracked.
How does Franklin rank for 3-bedroom rent in Tennessee?
Among the 66 cities in Tennessee with 3-bedroom data, Franklin ranks #55 from cheapest to most expensive.
Are there cheaper 3-bedroom options near Franklin?
Yes — nearby cities with cheaper 3-bedroom rents include Brentwood ($2,274), Columbia ($1,840), Smyrna ($2,110).