12

Newest Homes for Rent in Franklin, VA

Section Image
  • 340 N College Dr, Franklin, VA 23851
    340 N College Dr, Franklin, VA 23851
    340 N College Dr, Franklin, VA 23851
    /35

    Starting at $1,315 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

    (757) 740-0737

    340 N College Dr, Franklin, VA 23851
  • 313 Council Rd, Franklin, VA 23851
    313 Council Rd, Franklin, VA 23851
    /2

    $975 Per Month

    • 3 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • House for Rent

    313 Council Rd, Franklin, VA 23851

    Rental home conveniently located just outside of Franklin in the Camptown neighborhood. 3 spacious bedrooms, 1 bathroom and a large yard. Pets considered on a per case basis, additional pet rent will apply. Application fee applies.

    Jessica Taylor Windell Francis Realty Inc.

    313 Council Rd, Franklin, VA 23851
  • 680 Oak St Unit 111, Franklin, VA 23851
    680 Oak St Unit 111, Franklin, VA 23851
    680 Oak St Unit 111, Franklin, VA 23851
    /17

    $1,150 Per Month

    • 1 Bed
    • 1 Bath
    • 1,252 Sq Ft
    • Apartment for Rent

    680 Oak St Unit 111, Franklin, VA 23851

    Studio apartment located in the Hayden Village Center, a 55+ community. Comfortable independent living for a single or a couple. Each unit has custom cabinetry, electric range, microwave, refrigerator, dishwasher, washer, dryer and a full bathroom with walk-in shower. Water & sewer are included with the rent. The Center is also an I-Ride hub if transportation is needed. There is a community

    Darren Stauffer CENTURY 21 Gold Market Realty

    680 Oak St Unit 111, Franklin, VA 23851
Virginia Franklin City County Franklin

Newest Homes for Rent in Franklin, VA

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 $1,150 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, VA?
To comfortably afford the median rent in Franklin, VA, a household needs to earn roughly $46,000 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 $1,150 per month in Franklin, VA, renters typically need to show $3,450 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 17.4, 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, 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 in Franklin, VA

There are currently 3 homes available for rent in Franklin, VA. The median rent is $1,150 per month, with single-family homes renting at $1,350, townhouses at $1,000 and condos at $1,200.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,150
Median Single Family Home Rent
$1,350
Median Townhouse Rent
$1,000
Median Condo Rent
$1,200
How to Rent a Home

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2026 CoStar Group