Franklin, TN Rent History

141 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-09)
$2,038
1-year change
+1.0%
$20/mo
5-year change
+10.2%
$189/mo
10-year change
+48.9%
$669/mo

Monthly rent trend

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Year-by-year rent in Franklin

YearMedian rentYoY changevs 2015
2015$1,279/mo—0.0%
2016$1,369/mo+7.0%+7.0%
2017$1,414/mo+3.3%+10.6%
2018$1,442/mo+2.0%+12.7%
2019$1,476/mo+2.4%+15.4%
2020$1,545/mo+4.7%+20.8%
2021$1,626/mo+5.2%+27.1%
2022$1,942/mo+19.4%+51.8%
2023$1,971/mo+1.5%+54.1%
2024$1,967/mo-0.2%+53.8%
2025$2,000/mo+1.7%+56.4%
2026$2,033/mo+1.7%+59.0%

Frequently asked questions

How much has rent in Franklin changed since 2015?

Median rent in Franklin, TN was $1,289 in 2015-01 and is $2,038 as of 2026-09 — a change of $749 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 +10.2% ($189 per month). The current median is $2,038.

What has rent in Franklin done over the past decade?

Over the past 10 years, median rent in Franklin, TN has changed +48.9% ($669 per month). It is now $2,038.

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

Year over year, median rent in Franklin, TN has increased +1.0% ($20/mo). Current median: $2,038.

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.