3

Franklin, WI Houses for Rent

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  • /20

    $2,500 Per Month

    • 4 Beds
    • 2 Baths
    • Single Family 4 Bed/2 Bath House for Rent!!

    4628 W Drexel Ave, Franklin, WI 53132

    Newly renovated 4-bedroom, 2-bath home in Franklin, WI offers comfortable living with thoughtful updates throughout. The property includes garage parking and additional off-street parking for convenience. Located near schools, shopping centers, restaurants, and parks, it provides easy access to everyday essentials and recreation. This refreshed residence pairs modern finishes with a practical

    4628 W Drexel Ave, Franklin, WI 53132
  • /11

    $2,200 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,330 Sq Ft
    • House for Rent

    8233 W Imperial Dr, Franklin, WI 53132

    Within a 3 minute walk of Ben Franklin Elementary. Franklin school district. Brand new carpet. Fresh paint. Left side of driveway, plus left garage space, and the concrete pad to the side of the garage. 3 Bedrooms, 1 full bath, and 1 half bath. Living room, family room, and unfinished basement with hook ups for washer/dryer. Dogs permitted with $100 deposit and additional $100/month: maximum 2

    8233 W Imperial Dr, Franklin, WI 53132
  • /39

    $2,050 Per Month

    • 3 Beds
    • 2 Baths
    • 968 Sq Ft
    • House for Rent

    8888 S 81st St, Franklin, WI 53132

    ** Charming 3Bed/2Bath Single Family House in Franklin ** Your new home is a charming, ranch ideally located adjacent to lush green space to buffer your private paradise. Gather around the outdoor fire-pit, or gaze at your well-maintained landscaped tree-lined backyard.The main level features three, sizeable bedrooms with glistening hardwood floors, and a fully updated bathroom,

    8888 S 81st St, Franklin, WI 53132

Frequently Asked Questions

How much does it cost to rent a single-family home in Franklin, WI?
The median rent for a single-family home in Franklin, WI is $2,125 per month, though prices vary by neighborhood, size, and property type. As of August 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, WI?
To comfortably afford the median rent in Franklin, WI, a household needs to earn roughly $80,880 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 $2,022 per month in Franklin, WI, renters typically need to show $6,066 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, WI?
In Franklin, WI, the price-to-rent ratio is 18.1, 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.
What neighborhoods in Franklin, WI are best for renting a single-family home?
The best neighborhood for renting in Franklin, WI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include Morgandale, Bay View, Walker's Point and Historic Third Ward, each with its own character and price range.

Rental Home Trends

Number of Houses for Rent
3
Median Single Family Home Rent
$2,125
Median 3 Bedroom Single Family Home Rent
$2,050
Median 4 Bedroom Single Family Home Rent
$2,950
How to Rent a Home