Starting at $1,125 Per Month
- 1 - 3 Beds
2 Emerald Way, Franklin, OH 45005
*Information submitted through this marketing source to the property management company is not used to determine rental eligibility*
Emerald Edge
Frequently Asked Questions
How much does it cost to rent a home in Franklin, OH?
The median rent for a home in Franklin, OH is $1,987 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while single-family homes and condos are currently more expensive.
How much do you need to make to afford rent in Franklin, OH?
To comfortably afford the median rent in Franklin, OH, a household needs to earn roughly $79,480 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,987 per month in Franklin, OH, renters typically need to show $5,961 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Franklin, OH?
In Franklin, OH, the price-to-rent ratio is 11.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Franklin, OH are best for renting a home?
The best neighborhood for renting in Franklin, OH depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Downtown Miamisburg, Woodbourne-Hyde Park, West Chester Township, Belmont and Greenfields, each with its own character and price range.
