ZIP Code · TN

ZIP 37069

Part of Franklin, TN
Pop. 20,209·Williamson County·1st most expensive ZIP in Tennessee
Median rent (all units)
$2,449/mo
Year-over-Year
-0.3%
Month-over-Month
+0.8%
vs US Median
+$517
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 37069 · $2,449
More expensive than 78% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,260
1 BR
$2,370
2 BR
$2,600
3 BR
$3,320
4 BR+
$4,050
Research median
$2,600/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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Tennessee

Rent in ZIP 37069 changed -0.3% over the year to September 2026. Across the 127 Tennessee ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($157,939) is $3,948 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($3,320); a 4-bedroom is $4,050.

Rank in Franklin

3rd cheapest of 3 ZIP codes in Franklin.

Cheaper nearby

ZIP 37221, 6 miles away, rents for 34% less ($1,627/mo), about $9,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 37069. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$29,388/yr
At $2,449/mo median
Location
StateTN
CountyWilliamson County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-0.3% YoY, +0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 37069 (Franklin, TN) is majority owner-occupied, has a median income above the national average, 74.2% of residents hold a bachelor's degree or higher.

Population
20,209
Median income
$157,939
Median age
44.5
Renters
12.9%
Age distribution
25%
14.1%
26.8%
16.3%
17.8%
Under 1825%
18–3414.1%
35–5426.8%
55–6416.3%
65+17.8%
Gender
50%
50%
Male50%
Female50%
Race & ethnicity
86%
White86%
Black3.6%
Hispanic5.3%
Asian1.8%
Other3.3%
Education (25+)
15.5%
74.2%
No HS diploma2.4%
HS diploma7.9%
Some college15.5%
Bachelor's+74.2%
Housing tenure
87.1%
12.9%
Owner87.1%
Renter12.9%

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

2021 vs 2026

How ZIP 37069 in Franklin, TN has changed in 5 years

Income
$134,177 → $157,939
up 17.7%
Population
20,396 → 20,209
down 0.9%
Renter share
12.1% → 12.9%
+0.8 pts
Bachelor's+
72.6% → 74.2%
+1.6 pts

On the earnings side, the typical household in ZIP 37069 in Franklin, TN now reports about $157,939, up from $134,177 in 2021.

Community

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Local insights

Tips for renters in ZIP 37069

About renting in ZIP 37069

Last updated: October 17, 2026

ZIP code 37069 covers Franklin, TN. The median rent here is $2,449/mo as of October 2026. A 1-bedroom rents for a median of $2,370/mo. A 2-bedroom rents for a median of $2,600/mo.

At 19% of local median household income ($157,939/yr), ZIP 37069 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 37069?

To keep rent at or below 30% of gross income, you would need to earn at least $98,000/year (about $47/hour full-time) to afford the median rent of $2,449/mo in ZIP 37069. The local median household income is $157,939/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 37069?

Rent in ZIP 37069 has been roughly flat over the past year, a -0.3% change.

How does ZIP 37069 compare to other ZIPs in Tennessee?

ZIP 37069 is one of the pricier among Tennessee ZIP codes for rent, ranking #1 of 147 at $2,449/mo. Over the year to September 2026, rent in ZIP 37069 changed -0.3%, against a typical +1.8% across the 127 Tennessee ZIP codes Zillow tracks.

How does ZIP 37069 compare to the rest of Franklin?

At $2,449/mo, ZIP 37069 is $411 above the Franklin citywide median of $2,038/mo. It is the 3rd cheapest of 3 ZIP codes in Franklin.
Income Affordability
19%
VERY AFFORDABLE

At $2,449/mo, rent takes ~19% of ZIP 37069's median household income ($157,939/yr). The standard benchmark is 30%.

ZIP 37069 19%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 37069 (Franklin, TN)

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