Apartments in Franklin

1 - 4 of 4 Results
12
$1,900
Franklin, MA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
20
$2,650 - 3,600
Franklin, MA
2 BR | Available Now
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Storage
Disability Access
7
$937
20 Veterans Memorial Drive Franklin, MA
1 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Senior Community
Income Restricted
Section 8
18
$1,525 - 2,345
8 Gatehouse Lane Franklin, MA
1 - 3 BR | Available Now
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Cat Friendly
In Unit Laundry
Fitness Center
Dishwasher
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How much does it cost to rent an apartment in Franklin?

Franklin Apartments
Bed Type Average Rent Range
2BR $2,850 $2,650 - $3,460

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Franklin:
March Rent Report

Welcome to the March 2024 Franklin Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2024 key findings and figures for the Franklin rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Franklin and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Franklin average rent prices in the chart below.

Monthly Rent Report

$2,600
$1,950
$1,300
$650
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Franklin Rent Prices Decrease From February to March

Franklin rent prices decreased over the last month. From February to March, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Franklin one-bedroom apartments currently stands at $2,090.0.

When we take a look at the two-bedroom comparison from February to March, Franklin experienced a 0.08% increase for the price of a two-bedroom apartment. The rent price for a Franklin two-bedroom apartments currently stands at $2,430.0.

March Prices: Franklin vs. Surrounding Areas

Rent Prices in Franklin and Surrounding Areas

Rent prices have decreased in Franklin over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Franklin suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Franklin suburbs

  • Rents did not decrease in any of the Franklin suburbs.

March 2024 Pricing Trends: Franklin vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,976
$3,029
$2,358
$2,336
$1,866
$1,310
$1,235
$1,124
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Franklin Rent Prices More Affordable Than Major Cities

Rent growth in Franklin over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Franklin average rent prices appear to be relatively affordable for local residents.

The price for a Franklin one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Franklin and surrounding area rent prices, take a look at the complete data set below.

Data set for Franklin and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.