ZIP 37064
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12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 37064 usually run 1% below trend in January and 1% above it in August, about $44 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 37064 is 0.3% below its high of $2,224 in May 2026, at $2,217 as of September 2026.
Rent in ZIP 37064 changed +1.2% over the year to September 2026. Across the 127 Tennessee ZIP codes Zillow tracks, the typical change was +1.8%.
From 2019 to 2024, rent in ZIP 37064 rose 35.3% while median household income rose 27.2% ($100,431 to $127,771). Rent outpaced income.
Rent in ZIP 37064 is 38.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 7 of the last 12 months.
30% of the median household income ($127,771) is $3,194 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,750); a 4-bedroom is $3,350.
2nd cheapest of 3 ZIP codes in Franklin.
ZIP 37067, 10 miles away, rents for 12% less ($1,950/mo), about $3,200 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 37064. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 37064 in Franklin, TN has changed in 5 years
The median rent in ZIP 37064 in Franklin, TN stood at $1,699 in 2021 and currently runs about $2,217, reflecting a 30.5% 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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Tips for renters in ZIP 37064
Last updated: October 17, 2026
ZIP code 37064 covers Franklin, TN. The median rent here is $2,217/mo as of October 2026. A 1-bedroom rents for a median of $1,960/mo. A 2-bedroom rents for a median of $2,150/mo.
At 21% of local median household income ($127,771/yr), ZIP 37064 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.2% over the past year.
Frequently asked questions
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How does ZIP 37064 compare to other ZIPs in Tennessee?
How does ZIP 37064 compare to the rest of Franklin?
At $2,217/mo, rent takes ~21% of ZIP 37064's median household income ($127,771/yr). The standard benchmark is 30%.
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