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Studio Apartment for Rent in Franklin, OH

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    $695 Per Month

    • Studio
    • 1 Bath
    • 450 Sq Ft
    • Condo for Rent

    601 Moses Dr Unit 1, Franklin, OH 45005

    Property Id: 2024314Garden-Style Apartment - Franklin, OHCozy studio near Main Street, next to the lake.Air conditioningOn-site laundryFree parkingQuiet garden-style complexWalk to shops, enjoy lakeside views, and quick access to I-75.

    (937) 806-4295

    601 Moses Dr Unit 1, Franklin, OH 45005

Why Live in Franklin

Franklin, OH, a small city in Warren County, is steeped in Americana, with roots dating back to 1796. Nestled along the Great Miami River, Franklin boasts a population of around 12,000 and serves as the hub for the surrounding Franklin Township. The city is home to one of Ohio’s oldest log post offices, commissioned by Thomas Jefferson, and offers a variety of community events that foster local pride, such as the Franklin Farmers Market and the lively Independence Day parade. Dining options in downtown Franklin include Mom’s Restaurant, Pisanello’s Pizza, and the Franklin Food Truck Park, while nearby Towne Center in Blue Ball provides access to big-box stores like Meijer and ALDI. For entertainment, JD Legends offers beach volleyball, bowling, karaoke, and live music. Housing in Franklin ranges from historic homes near downtown, including turn-of-the-century Victorians, to midcentury ranch-style homes and contemporary subdivisions like Franklin Landing and Sycamore Glen. The CinDay Academy, a highly rated private school, serves kindergarten through eighth grade. Franklin Lions Club Municipal Park features a renovated playground, public pool, and sports facilities, while Franklin Wildcat Stadium hosts local sports events. The city is conveniently located 18 miles from Dayton and 40 miles from Cincinnati via Interstate 75, with Dayton International Airport 30 miles away. The Downtown Franklin Master Plan aims to revitalize the main street and riverfront by 2024, enhancing the city’s future while honoring its historic past.

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 $1,995 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while condos and single-family homes 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 $79,800 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 $1,995 per month in Franklin, OH, renters typically need to show $5,985 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 11.1, 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.

Rental Home Trends in Franklin, OH

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,995
Median Single Family Home Rent
$1,985
Median Townhouse Rent
$875
Median Condo Rent
$995
How to Rent a Home