Franklin, WI Townhomes for Rent

/15
$2,300

Total Monthly Price
- 3 Beds
- 1.5 Baths
- 1,355 Sq Ft
- Townhouse for Rent
5499 Rainbow Dr, Greendale, WI 53129

This property at 5499 Rainbow Dr features 3 bedrooms and 1.5 bathrooms within a total of 1,355 square feet. Partial finished basement. The living room offers ample space for relaxation and entertainment, while the kitchen includes essential amenities for cooking. The full bathroom is equipped with a tub and shower combination, and there is an additional half bath for convenience. Each bedroom

5499 Rainbow Dr, Greendale, WI 53129
Explore Franklin
/16
$1,975 Per Month
- 3 Beds
- 1.5 Baths
- 1,122 Sq Ft
- 3 bedroom Franklin Townhome
7538 S 75th St, Franklin, WI 53132

Available Now! 3 bedroom 1.5 bathroom Franklin townhome. This property includes a private entrance and the side by side townhome layout that everyone loves. The main level features a large living room, kitchen with new stainless steel appliances and a half bathroom. Upstairs includes 3 large bedrooms with new carpeting and the full bathroom. The private basement has hookups for your washer

7538 S 75th St, Franklin, WI 53132

Wisconsin Milwaukee County Franklin

Frequently Asked Questions

How much does it cost to rent a townhouse in Franklin, WI?

The median rent for a townhouse in Franklin, WI is $2,135 per month, though prices vary by neighborhood, size, and property type. As of June 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, WI?

To comfortably afford the median rent in Franklin, WI, a household needs to earn roughly $85,840 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 $2,146 per month in Franklin, WI, renters typically need to show $6,438 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 17.1, 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.

Townhouse Rental Trends in Franklin, WI

There are currently 2 townhouses available for rent in Franklin, WI. The median rent is $2,135 per month, with 3-bedroom townhouses at $2,135.

Rental Home Trends

Number of Townhouses for Rent 2	Median Townhouse Rent $2,135
Median 3 Bedroom Townhouse Rent $2,135

How to Rent a Home

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