3-Bedroom Apartment Rent in Franklin, TN
Median asking rent for a 3-bedroom apartment in Franklin, Tennessee as of August 2026. That's +16% higher than the citywide median of $2,122 and +16% 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 | Martin | $1,130 |
| 5 | Athens | $1,180 |
| 6 | Dyersburg | $1,190 |
| 7 | Tullahoma | $1,310 |
| 8 | Sevierville | $1,314 |
| 9 | Kingsport | $1,323 |
| 10 | Bristol | $1,340 |
| 11 | Cookeville | $1,380 |
| 12 | Manchester | $1,410 |
| 13 | Kingston | $1,430 |
| 14 | Johnson City | $1,473 |
| 15 | Red Bank | $1,559 |
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 | Thompsons Station | $2,709 |
| 5 | La Vergne | $2,640 |
| 6 | Germantown | $2,540 |
| 7 | Lakeland | $2,500 |
| 8 | Nashville | $2,498 |
| 9 | Franklin (this page) | $2,462 |
| 10 | Hendersonville | $2,390 |
| 11 | Bartlett | $2,380 |
| 12 | Collierville | $2,370 |
| 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 | $2,282 | $-180 (-7%) |
| Thompsons Station, TN | 8.6 mi | $2,709 | +$247 (+10%) |
| Spring Hill, TN | 14.4 mi | $2,810 | +$348 (+14%) |
| Nashville, TN | 17.4 mi | $2,498 | +$36 (+1%) |
| Columbia, TN | 22.8 mi | $1,840 | $-622 (-25%) |
| La Vergne, TN | 23 mi | $2,640 | +$178 (+7%) |
| Smyrna, TN | 24.1 mi | $2,110 | $-352 (-14%) |
| Ashland City, TN | 27.8 mi | $1,940 | $-522 (-21%) |
| Goodlettsville, TN | 30.7 mi | $2,210 | $-252 (-10%) |
| Mount Juliet, TN | 32.5 mi | $2,940 | +$478 (+19%) |
| Murfreesboro, TN | 33.9 mi | $2,183 | $-279 (-11%) |
| Hendersonville, TN | 34 mi | $2,390 | $-72 (-3%) |
3-Bedroom rent in Franklin — common questions
How much is a 3-bedroom apartment in Franklin?
As of August 2026, the median 3-bedroom apartment rent in Franklin, Tennessee is $2,462 per month. This is +16% higher than the citywide median of $2,122.
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 $98,480 ($8,207/month gross), which works out to roughly $47.35/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 $2,462 is +16% above the national 3-bedroom median of $2,130. It ranks in the 65th percentile of US cities tracked.
How does Franklin rank for 3-bedroom rent in Tennessee?
Among the 62 cities in Tennessee with 3-bedroom data, Franklin ranks #54 from cheapest to most expensive.
Are there cheaper 3-bedroom options near Franklin?
Yes — nearby cities with cheaper 3-bedroom rents include Brentwood ($2,282), Columbia ($1,840), Smyrna ($2,110).