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ZIP Code · TN

ZIP 37067

Part of Franklin, TN
Pop. 31,556·Williamson County·31st most expensive ZIP in Tennessee
Median rent (all units)
$1,997/mo
Year-over-Year
+4.5%
Month-over-Month
+0.6%
vs US Median
+$32
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 37067 · $1,997
More expensive than 60% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,960
1 BR
$2,050
2 BR
$2,250
3 BR
$2,880
4 BR+
$3,510
Research median
$2,250/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: July 20, 2026

Annual cost
$23,964/yr
At $1,997/mo median
Location
StateTN
CountyWilliamson County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.5% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 37067 (Franklin, TN) is roughly split between renters and owners, has a median income above the national average, 66.4% of residents hold a bachelor's degree or higher.

Population
31,556
Median income
$111,759
Median age
38.3
Renters
48.3%
Age distribution
21.5%
22.4%
30.7%
16.1%
Under 1821.5%
18–3422.4%
35–5430.7%
55–649.3%
65+16.1%
Gender
50.1%
49.9%
Male50.1%
Female49.9%
Race & ethnicity
73.8%
14.4%
White73.8%
Black3.4%
Hispanic5.1%
Asian14.4%
Other3.2%
Education (25+)
19.1%
66.4%
No HS diploma2.8%
HS diploma11.6%
Some college19.1%
Bachelor's+66.4%
Housing tenure
51.7%
48.3%
Owner51.7%
Renter48.3%

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

2021 vs 2026

How ZIP 37067 in Franklin, TN has changed in 5 years

Rent
$1,588 → $1,997
up 25.8%
Income
$107,979 → $111,759
up 3.5%
Population
32,417 → 31,556
down 2.7%
Renter share
44.1% → 48.3%
+4.2 pts
Bachelor's+
66.1% → 66.4%
+0.3 pts
Median age
36.9 → 38.3
+1.4 yrs

Five years ago, renters in ZIP 37067 in Franklin, TN paid around $1,588 a month. That figure now sits near $1,997, up 25.8% from the 2021 baseline. Household income in the area moved from $107,979 to $111,759 across the same window, up 3.5% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 37067 in Franklin, TN losing about 861 residents over the five-year window, down 2.7% on net. The renter share has risen from 44.1% to 48.3%, with owner-occupied housing accounting for the remainder. Reading these numbers side by side helps frame whether current listings in ZIP 37067 in Franklin, TN look reasonable against where the market sat half a decade ago.

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Local insights

Tips for renters in ZIP 37067

About renting in ZIP 37067

Last updated: July 20, 2026

ZIP code 37067 covers Franklin, TN. The median rent here is $1,997/mo as of July 2026. A 1-bedroom rents for a median of $2,050/mo. A 2-bedroom rents for a median of $2,250/mo.

At 21% of local median household income ($111,759/yr), ZIP 37067 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 37067?

As of July 20, 2026, the median monthly rent in ZIP 37067 (Franklin, TN) is $1,997. This is based on aggregated data from public sources and community submissions.

How does ZIP 37067 rent compare to the US average?

ZIP 37067's median rent of $1,997/mo is $32 (2%) above the US national median of $1,965/mo.

How does ZIP 37067 compare to other ZIPs in Tennessee?

ZIP 37067 is one of the pricier ZIP codes in Tennessee, ranking #31 out of 145 ZIPs tracked at $1,997/mo.

How much income do you need to rent in ZIP 37067?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (~$38/hour full-time) to afford the median rent of $1,997/mo in ZIP 37067. The local median household income is $111,759/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 37067?

Rent in ZIP 37067 has increased 4.5% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 37067 an affordable place to rent?

ZIP 37067 is considered very affordable for renters. At $1,997/mo, rent takes approximately 21% of the local median household income ($111,759/yr). The standard benchmark is 30%. ZIP 37067 falls comfortably within that range.

What percentage of ZIP 37067 residents rent vs. own?

According to Census data, approximately 48.3% of ZIP 37067 households are renters, while 51.7% are owner-occupied. ZIP 37067 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 37067 compare to the rest of Franklin?

ZIP 37067 is more affordable than Franklin overall. At $1,997/mo, it's $135 below the Franklin citywide median of $2,132/mo.

When was rent data for ZIP 37067 last updated?

Rent data for ZIP 37067 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $1,997/mo, rent takes ~21% of ZIP 37067's median household income ($111,759/yr). The standard benchmark is 30%.

ZIP 37067 21%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 37067 (Franklin, TN)

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