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ZIP Code · TN

ZIP 37064

Part of Franklin, TN
Pop. 67,513·Williamson County·5th most expensive ZIP in Tennessee
Median rent (all units)
$2,389/mo
Year-over-Year
+11.0%
Month-over-Month
-1.2%
vs US Median
+$427
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 37064 · $2,389
More expensive than 76% of US ZIP codes · National median $1,962/mo
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Medians by bedroom

Rent by unit size

Studio
$1,870
1 BR
$1,960
2 BR
$2,150
3 BR
$2,750
4 BR+
$3,350
Research median
$2,150/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$28,668/yr
At $2,389/mo median
Location
StateTN
CountyWilliamson County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 11.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+11.0% YoY, -1.2% MoM), not inventory.
Demographics

Who lives here

ZIP 37064 (Franklin, TN) is majority owner-occupied, has a median income above the national average, 60.1% of residents hold a bachelor's degree or higher.

Population
67,513
Median income
$127,771
Median age
41.3
Renters
22.9%
Age distribution
23.9%
17.3%
29.2%
14.2%
15.3%
Under 1823.9%
18–3417.3%
35–5429.2%
55–6414.2%
65+15.3%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
79.8%
White79.8%
Black5.6%
Hispanic8.6%
Asian4%
Other2.1%
Education (25+)
14.1%
19.8%
60.1%
No HS diploma6%
HS diploma14.1%
Some college19.8%
Bachelor's+60.1%
Housing tenure
77.1%
22.9%
Owner77.1%
Renter22.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 37064 in Franklin, TN has changed in 5 years

Rent
$1,642 → $2,389
up 45.5%
Income
$109,927 → $127,771
up 16.2%
Population
60,932 → 67,513
up 10.8%
Renter share
21% → 22.9%
+1.9 pts
Bachelor's+
58.4% → 60.1%
+1.7 pts

The median rent in ZIP 37064 in Franklin, TN stood at $1,642 in 2021 and currently runs about $2,389, reflecting a 45.5% increase over the period. Household income in the area moved from $109,927 to $127,771 across the same window, up 16.2% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 10.8% since 2021, moving from about 60,932 residents to roughly 67,513. Renters now make up 22.9% of households, compared with 21% five years ago. Reading these numbers side by side helps frame whether current listings in ZIP 37064 in Franklin, TN look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 37064

Last updated: August 17, 2026

ZIP code 37064 covers Franklin, TN. The median rent here is $2,389/mo as of August 2026. A 1-bedroom rents for a median of $1,960/mo. A 2-bedroom rents for a median of $2,150/mo.

At 22% of local median household income ($127,771/yr), ZIP 37064 ranks as affordable compared to the national benchmark of 30%. Rents have increased 11.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 37064?

As of August 17, 2026, the median monthly rent in ZIP 37064 (Franklin, TN) is $2,389. This is based on aggregated data from public sources and community submissions.

How does ZIP 37064 rent compare to the US average?

ZIP 37064's median rent of $2,389/mo is $427 (22%) above the US national median of $1,962/mo.

How does ZIP 37064 compare to other ZIPs in Tennessee?

ZIP 37064 is one of the pricier ZIP codes in Tennessee, ranking #5 out of 143 ZIPs tracked at $2,389/mo.

How much income do you need to rent in ZIP 37064?

To keep rent at or below 30% of gross income, you would need to earn at least $96,000/year (~$46/hour full-time) to afford the median rent of $2,389/mo in ZIP 37064. The local median household income is $127,771/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 37064?

Rent in ZIP 37064 has increased 11.0% over the past year as of August 17, 2026, putting upward pressure on renter budgets.

Is ZIP 37064 an affordable place to rent?

ZIP 37064 is considered very affordable for renters. At $2,389/mo, rent takes approximately 22% of the local median household income ($127,771/yr). The standard benchmark is 30%. ZIP 37064 falls comfortably within that range.

What percentage of ZIP 37064 residents rent vs. own?

According to Census data, approximately 22.9% of ZIP 37064 households are renters, while 77.1% are owner-occupied. ZIP 37064 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 37064 compare to the rest of Franklin?

ZIP 37064 is pricier than Franklin as a whole. At $2,389/mo, it's $267 above the Franklin citywide median of $2,122/mo.

When was rent data for ZIP 37064 last updated?

Rent data for ZIP 37064 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $2,389/mo, rent takes ~22% of ZIP 37064's median household income ($127,771/yr). The standard benchmark is 30%.

ZIP 37064 22%Benchmark 30%
State income taxNone
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