Franklin, TN Rent History

138 months of data, 20152026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$2,132
1-year change
+5.0%
$101/mo
5-year change
+24.2%
$415/mo
10-year change
+55.8%
$764/mo

Monthly rent trend

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Year-by-year rent in Franklin

YearMedian rentYoY changevs 2015
2015$1,286/mo0.0%
2016$1,376/mo+7.0%+7.0%
2017$1,421/mo+3.3%+10.5%
2018$1,452/mo+2.2%+12.9%
2019$1,484/mo+2.2%+15.4%
2020$1,553/mo+4.6%+20.8%
2021$1,634/mo+5.2%+27.1%
2022$1,954/mo+19.6%+51.9%
2023$1,983/mo+1.5%+54.2%
2024$1,983/mo0.0%+54.2%
2025$2,049/mo+3.3%+59.3%
2026$2,055/mo+0.3%+59.8%

Frequently asked questions

How much has rent in Franklin changed since 2015?

Median rent in Franklin, TN was $1,295 in 2015-01 and is $2,132 as of 2026-06 — a change of $837 per month over 11 years.

How much has Franklin rent increased in the last 5 years?

Over the past 5 years, median rent in Franklin, TN has changed +24.2% ($415 per month). The current median is $2,132.

What has rent in Franklin done over the past decade?

Over the past 10 years, median rent in Franklin, TN has changed +55.8% ($764 per month). It is now $2,132.

Is rent in Franklin going up or down year over year?

Year over year, median rent in Franklin, TN has increased +5.0% ($101/mo). Current median: $2,132.

See full rent data for Franklin, TN
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.