Studio Apartment Rent in Franklin, TN
Median asking rent for a studio apartment in Franklin, Tennessee as of August 2026. That's +20% lower than the citywide median of $2,122 and +31% above the national studio median of $1,290.
Income needed for a studio 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 studio at the current median rent.
Rent by apartment size in Franklin
Compare Franklin's median rent across every apartment size.
Cheapest cities for a studio in Tennessee
| # | City | Studio rent |
|---|---|---|
| 1 | Morristown | $319 |
| 2 | Crossville | $328 |
| 3 | Greeneville | $414 |
| 4 | Sevierville | $545 |
| 5 | Athens | $680 |
| 6 | Dyersburg | $720 |
| 7 | Kingsport | $737 |
| 8 | Bristol | $740 |
| 9 | Martin | $750 |
| 10 | Cookeville | $760 |
| 11 | Tullahoma | $760 |
| 12 | Manchester | $810 |
| 13 | Jackson | $850 |
| 14 | Cleveland | $867 |
| 15 | Johnson City | $940 |
Most expensive cities for a studio in Tennessee
| # | City | Studio rent |
|---|---|---|
| 1 | Mount Juliet | $2,030 |
| 2 | Farragut | $1,880 |
| 3 | Thompsons Station | $1,867 |
| 4 | Spring Hill | $1,840 |
| 5 | La Vergne | $1,820 |
| 6 | Nashville | $1,718 |
| 7 | Franklin (this page) | $1,694 |
| 8 | Hendersonville | $1,640 |
| 9 | Ooltewah | $1,610 |
| 10 | Brentwood | $1,573 |
| 11 | Germantown | $1,570 |
| 12 | Lakeland | $1,550 |
| 13 | Goodlettsville | $1,520 |
| 14 | White House | $1,510 |
| 15 | Murfreesboro | $1,505 |
Nearby cities — studio rent
Considering nearby alternatives? 5 of these cities have cheaper studio rents than Franklin.
| City | Distance | Studio rent | vs Franklin |
|---|---|---|---|
| Brentwood, TN | 8.1 mi | $1,573 | $-121 (-7%) |
| Thompsons Station, TN | 8.6 mi | $1,867 | +$173 (+10%) |
| Spring Hill, TN | 14.4 mi | $1,840 | +$146 (+9%) |
| Nashville, TN | 17.4 mi | $1,718 | +$24 (+1%) |
| Columbia, TN | 22.8 mi | $1,270 | $-424 (-25%) |
| La Vergne, TN | 23 mi | $1,820 | +$126 (+7%) |
| Smyrna, TN | 24.1 mi | $1,450 | $-244 (-14%) |
| Ashland City, TN | 27.8 mi | $1,330 | $-364 (-21%) |
| Goodlettsville, TN | 30.7 mi | $1,520 | $-174 (-10%) |
| Mount Juliet, TN | 32.5 mi | $2,030 | +$336 (+20%) |
| Murfreesboro, TN | 33.9 mi | $1,505 | $-189 (-11%) |
| Hendersonville, TN | 34 mi | $1,640 | $-54 (-3%) |
Studio rent in Franklin — common questions
How much is a studio apartment in Franklin?
As of August 2026, the median studio apartment rent in Franklin, Tennessee is $1,694 per month. This is +20% below the citywide median of $2,122.
What income do you need to afford a studio in Franklin?
Using the standard 30% rent-to-income rule, you would need an annual income of about $67,760 ($5,647/month gross), which works out to roughly $32.58/hour at a full-time job.
Is Franklin expensive for a studio compared to the rest of the US?
Franklin's studio median of $1,694 is +31% above the national studio median of $1,290. It ranks in the 76th percentile of US cities tracked.
How does Franklin rank for studio rent in Tennessee?
Among the 60 cities in Tennessee with studio data, Franklin ranks #54 from cheapest to most expensive.
Are there cheaper studio options near Franklin?
Yes — nearby cities with cheaper studio rents include Brentwood ($1,573), Columbia ($1,270), Smyrna ($1,450).