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Newest Homes for Rent in Franklin, VA

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  • /20

    Starting at $1,015

    Total Monthly Price

    • 1 - 3 Beds

    201 Forest Pine Rd, Franklin, VA 23851

    Our five apartment colonies offer everything you want from gracious living! Above and beyond a friendly atmosphere, Forest Pine Apartments offer you the conveniences of today’s lifestyles. Just what you’d expect from modern apartment living! Individual comforts add to the luxury of your life: your own heating and air conditioning controls, time-saving modern appliances, on-premises laundry

    Forest Pine Apartments

    201 Forest Pine Rd, Franklin, VA 23851
  • /35

    Starting at $1,285 Plus Fees

    • 1 - 3 Beds

    340 N College Dr, Franklin, VA 23851

    Each of the spacious floor plans at Meadowridge Apartments offers a fully equipped kitchen, all of which feature energy-efficient appliances, and many have been fully renovated. In each home you will find a private patio or balcony where you can appreciate our gorgeous brick exteriors with colonial molding and trim. Bay windows and window seats can also be found in select

    Meadowridge Apartments

    340 N College Dr, Franklin, VA 23851
  • /12

    $1,600 Plus Fees

    • 3 Beds
    • 1 Bath
    • 1,008 Sq Ft
    • House for Rent

    728 Bolling St, Franklin, VA 23851

    Property Id: 1500180Newly Renovated Home. Granite countertops with matching Stainless Steel appliances. All new interior from ceiling to floor. New Roof, HVAC, Windows, and Siding. Corner lot with large fenced yard.

    728 Bolling St, Franklin, VA 23851
  • /13

    $975 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    205B Hall St, Franklin, VA 23851

    Cozy 2 bedroom 1 bath apartment newly remodeled waiting for a caring tenant. New appliances, new flooring, new cabinetry has granite countertops. Renter's insurance is required. Accepts Section 8 Vouchers. This is a NO SMOKING property. NO PETS. Security deposit is required at lease signing. Lawn care provided by landlord.

    Darren Stauffer CENTURY 21 Gold Market Realty

    205B Hall St, Franklin, VA 23851
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    $2,600

    Total Monthly Price

    • 5 Beds
    • 3 Baths
    • 2,800 Sq Ft
    • Call Sabrina Thomas Office at 757-767-0767 for more information

    107 N High St, Franklin, VA 23851

    Bringing the past back to life! Come tour this beauty built circa 1900. The grandeur of this home has been preserved while adding all the updates of today. 2800 square feet await you with plenty of room for everything and then some! Five large spacious bedrooms, including a first-floor primary bedroom with ensuite, two additional full baths, extra-large kitchen with new cabinets, counters, and

    107 N High St, Franklin, VA 23851

Frequently Asked Questions

How much does it cost to rent a home in Franklin, VA?
The median rent for a home in Franklin, VA is $2,100 per month, though prices vary by neighborhood, size, and property type. As of July 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, VA?
To comfortably afford the median rent in Franklin, VA, a household needs to earn roughly $84,000 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 $2,100 per month in Franklin, VA, renters typically need to show $6,300 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, VA?
In Franklin, VA, the price-to-rent ratio is 9.6, 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, VA are best for renting a home?
The best neighborhood for renting in Franklin, VA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Holy Neck and Chuckatuck, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$2,100
Median Single Family Home Rent
$1,600
Median Townhouse Rent
$988
Median Condo Rent
$2,000
How to Rent a Home