2-Bedroom Apartment Rent in Franklin, WI
Median asking rent for a 2-bedroom apartment in Franklin, Wisconsin as of October 2026. That's +13% lower than the citywide median of $1,737 and +9% below the national 2-bedroom median of $1,657.
Income needed for a 2-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 2-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 2-bedroom in Wisconsin
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Two Rivers | $950 |
| 2 | Marshfield | $970 |
| 3 | Oshkosh | $990 |
| 4 | Stevens Point | $990 |
| 5 | Wisconsin Rapids | $1,010 |
| 6 | Green Bay | $1,050 |
| 7 | Menasha | $1,050 |
| 8 | Superior | $1,050 |
| 9 | Appleton | $1,053 |
| 10 | Wausau | $1,055 |
| 11 | Saint Francis | $1,060 |
| 12 | Tomah | $1,080 |
| 13 | Beaver Dam | $1,090 |
| 14 | Watertown | $1,093 |
| 15 | Eau Claire | $1,105 |
Most expensive cities for a 2-bedroom in Wisconsin
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Brookfield | $1,890 |
| 2 | Hudson | $1,730 |
| 3 | Verona | $1,660 |
| 4 | Oak Creek | $1,610 |
| 5 | Glendale | $1,592 |
| 6 | Madison | $1,554 |
| 7 | Shorewood | $1,530 |
| 8 | Menomonee Falls | $1,520 |
| 9 | Franklin (this page) | $1,510 |
| 10 | Fitchburg | $1,498 |
| 11 | Middleton | $1,480 |
| 12 | Kenosha | $1,477 |
| 13 | Sun Prairie | $1,470 |
| 14 | Germantown | $1,470 |
| 15 | River Falls | $1,460 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 2-bedroom rents than Franklin.
| City | Distance | 2-Bedroom rent | vs Franklin |
|---|---|---|---|
| Oak Creek, WI | 7.8 mi | $1,610 | +$100 (+7%) |
| South Milwaukee, WI | 10.7 mi | $1,200 | $-310 (-21%) |
| Wauwatosa, WI | 11.4 mi | $1,390 | $-120 (-8%) |
| Cudahy, WI | 11.4 mi | $1,140 | $-370 (-25%) |
| Saint Francis, WI | 11.7 mi | $1,060 | $-450 (-30%) |
| Milwaukee, WI | 13.2 mi | $1,229 | $-281 (-19%) |
| Mount Pleasant, WI | 14.4 mi | $1,110 | $-400 (-26%) |
| Brookfield, WI | 14.5 mi | $1,890 | +$380 (+25%) |
| Racine, WI | 17.4 mi | $1,163 | $-347 (-23%) |
| Glendale, WI | 17.6 mi | $1,592 | +$82 (+5%) |
| Waukesha, WI | 18.9 mi | $1,395 | $-115 (-8%) |
| Brown Deer, WI | 20.2 mi | $1,229 | $-281 (-19%) |
2-Bedroom rent in Franklin — common questions
How much is a 2-bedroom apartment in Franklin?
As of October 2026, the median 2-bedroom apartment rent in Franklin, Wisconsin is $1,510 per month. This is +13% below the citywide median of $1,737.
What income do you need to afford a 2-bedroom in Franklin?
Using the standard 30% rent-to-income rule, you would need an annual income of about $60,400 ($5,033/month gross), which works out to roughly $29.04/hour at a full-time job.
Is Franklin expensive for a 2-bedroom compared to the rest of the US?
Franklin's 2-bedroom median of $1,510 is +9% below the national 2-bedroom median of $1,657. It ranks in the 40th percentile of US cities tracked.
How does Franklin rank for 2-bedroom rent in Wisconsin?
Among the 56 cities in Wisconsin with 2-bedroom data, Franklin ranks #48 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Franklin?
Yes — nearby cities with cheaper 2-bedroom rents include South Milwaukee ($1,200), Wauwatosa ($1,390), Cudahy ($1,140).