15

Studio Apartments for Rent in Franklin, TN

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  • /31

    Starting at $1,500 Per Month

    • Studio - 2 Beds

    2007 Knoll Top Ln, Franklin, TN 37067

    Welcome to Paxton Cool Springs Apartments, where modern living meets natural beauty. Surrounded by scenic views and thoughtfully designed green spaces, our community offers luxury amenities and effortless access to Franklin's most popular destinations. When you choose Paxton Cool Springs, you're not just finding a place to live-you're joining a community designed with you in mind.Our

    Paxton Cool Springs

    (615) 283-9635

    2007 Knoll Top Ln, Franklin, TN 37067
  • /51

    Starting at $1,543

    Total Monthly Price

    • Studio - 3 Beds

    6001 Hughes Crossing, Franklin, TN 37064

    Located in Franklin, TN, Berry Farms is a mixed-use master-planned community where work, shopping, and leisure blends seamlessly with front porch living on pedestrian-friendly streets. It is the Southern Gateway to Franklin, Tennessee, and is on the forefront of economic activity in one of the nation’s fastest-growing, most affluent counties. Located on 600 acres in the heart of Williamson

    Town Center at Berry Farms

    (629) 235-5847

    6001 Hughes Crossing, Franklin, TN 37064
  • /24

    $2,054 Per Month

    • Studio
    • 1 Bath
    • 270 Sq Ft
    • Furnished Studio-Nashville - Franklin - Cool Springs

    680 Bakers Bridge Ave, Franklin, TN 37067

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Nashville - Franklin - Cool Springs

    (629) 260-4667

    680 Bakers Bridge Ave, Franklin, TN 37067

Why Live in Franklin

Downtown Franklin's historic Main Street captivates visitors with its preserved Victorian architecture, locally-owned boutiques, and antique shops, earning recognition as a Great American Main Street. The beautifully restored art deco Franklin Theatre hosts movies and live performances, while The Factory at Franklin houses artisan shops and event spaces in a repurposed historic building. History buffs will appreciate Carnton, which served as a Civil War field hospital and contains the largest private Confederate cemetery, along with the Carter House and Lotz House Civil War Museum. The culinary scene features upscale establishments like Cork & Cow, known for oak and hickory wood-fired steaks, and Red Pony Restaurant's contemporary Southern cuisine.

The Franklin housing market includes diverse options across distinct neighborhoods. The median price for single-family homes varies significantly by area: Central Franklin at $1,035,000, McLemore at $1,330,000, and Carnton at $770,000. Condominiums present more affordable options, with median prices of $275,000 for one-bedroom units and $455,000 for two-bedroom units. Townhomes have a median price of $607,000.

Franklin's cost of living sits 1.7% below the national average. A family with school-age children needs an annual income of $104,000 to live comfortably, while renters should aim for $58,000. The property tax rate of 0.43% in Williamson County compares favorably to Nashville's 0.62%. The city has excellent schools, including Battle Ground Academy and Ravenwood High School, both rated A+ by Niche. Franklin's location 21 miles south of Nashville provides easy access via Interstate 65, while the Franklin Transit Authority operates fixed-route services within city limits.

Frequently Asked Questions

How much does it cost to rent a home in Franklin, TN?
The median rent for a home in Franklin, TN is $2,900 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Franklin, TN?
To comfortably afford the median rent in Franklin, TN, a household needs to earn roughly $116,000 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 $2,900 per month in Franklin, TN, renters typically need to show $8,700 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, TN?
In Franklin, TN, the price-to-rent ratio is 24.4, 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, TN are best for renting a home?
The best neighborhood for renting in Franklin, TN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Oak Highlands, Fairlane, South Nashville, Belmont-Hillsboro and Wedgewood-Houston, each with its own character and price range.

Rental Home Trends in Franklin, TN

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$2,900
Median Single Family Home Rent
$3,500
Median Townhouse Rent
$2,295
Median Condo Rent
$2,263
How to Rent a Home