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Studio Apartment for Rent in Franklinton, NC

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    $1,350 Per Month

    • Studio
    • 1 Bath
    • Townhouse for Rent

    4 N Sterling St, Franklinton, NC 27525

    Bright, open living space with vaulted ceiling and an updated kitchenette featuring a refrigerator, sink with countertop workspace, and white cabinetry. Generous closet storage, and wood-look plank flooring throughout. Large windows bring natural light into the living areas and bedroom-sized rooms, and a ceiling fan adds comfort in the main space. Available October 1, 2026. Schedule a viewing to

    4 N Sterling St, Franklinton, NC 27525

Why Live in Franklinton

Franklinton, North Carolina, is a small town located just north of Wake Forest, known for its growing suburban communities and walkable downtown. Franklinton has been growing steadily, with custom-home neighborhoods and new subdivisions contributing to a modern residential feel. The town's Main Street retains its historic charm, offering locally owned restaurants like Toros Tacos + Tequila and Franko’s Italian Steakhouse, as well as boutiques like Archer + Pratt and The Stables Marketplace. For groceries, residents can visit the Franklinton Square shopping center, which includes Food Lion and Family Dollar. Downtown Franklinton hosts various community events, including the Funkytown Festival, Frankenfest, and the Christmas Tree Lighting and Christmas Parade.

Franklinton Park, a 20-acre space with a playground, basketball court, ball fields and an Innovation STEM trail, anchors outdoor recreation. The public Olde Liberty Golf Club provides an 18-hole course, driving range and putting green. The town is served by the Franklin County Schools and Granville County Schools districts, with Franklin County Early College High School offering a highly rated program where students can earn both a high school diploma and an associate degree. Franklinton is a car-dependent community with U.S. Route 1 and state Route 56 providing easy access to nearby cities. Wake Forest is 10 miles away, Raleigh is 27 miles away, and Durham is 30 miles away.

Frequently Asked Questions

How much does it cost to rent a home in Franklinton, NC?
The median rent for a home in Franklinton, NC is $1,620 per month, though prices vary by neighborhood, size, and property type. As of September 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 Franklinton, NC?
To comfortably afford the median rent in Franklinton, NC, a household needs to earn roughly $64,800 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 $1,620 per month in Franklinton, NC, renters typically need to show $4,860 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 Franklinton, NC?
In Franklinton, NC, the price-to-rent ratio is 19.3, 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.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,620
Median Single Family Home Rent
$2,199
Median Townhouse Rent
$1,350
Median Condo Rent
$1,350
How to Rent a Home