Last updated
Average Rent in Franklin 37067 & Rent Trends
Rent prices and market trends across 14 apartment communities in Franklin 37067, Franklin, TN. Updated daily.
Market Average
$2,045/mo
Lowest Available
$1,321/mo
cheapest unit on market
Communities
14
tracked daily
Units Listed
341
available now
Rent Watch: cuts and increases
Open Rent Watch →See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.
Franklin 37067 vs Franklin, TN Average
Franklin 37067 is cheaper than the Franklin, TN average by $1/mo (0%). The citywide average is $2,046/mo across all neighborhoods.
Is Rent Going Up or Down in Franklin 37067?
As of October 2026, the average rent in Franklin 37067 is $2,045 per month across 14 apartment communities and 341 available units.
The most affordable option is Viera Cool Springs Apartments starting at $1,321/mo. By unit type, a studio averages $1,694/mo, a 1-bedroom averages $1,781/mo, a 2-bedroom averages $2,224/mo, a 3-bedroom averages $2,996/mo.
Prices range from $1,321 to $4,534 per month. The most common price point is the $1,600 range, where 105 units are currently listed.
Franklin 37067 Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| June 2026 | $2,112 | - | 7 |
| July 2026 | $2,094 | -$18 | 7 |
| August 2026 | $2,071 | -$23 | 7 |
| September 2026 | $2,000 | -$71 | 7 |
| October 2026 | $1,985 | -$15 | 14 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Franklin 37067
Rent Prices by Apartment in Franklin 37067
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Viera Cool Springs Apartments | $1,321/mo | $1,533/mo | 42 | 4.2 |
| IMT Cool Springs | $1,368/mo | $1,853/mo | 13 | 4.4 |
| Wyndchase Aspen Grove | $1,386/mo | $1,677/mo | 8 | 3.9 |
| MAA Cool Springs | $1,483/mo | $1,826/mo | 27 | 4.5 |
| Dwell at McEwen | $1,530/mo | $2,197/mo | 30 | 4.2 |
| IMT at the Galleria | $1,545/mo | $1,590/mo | 5 | 4.6 |
| Cadence Cool Springs Apartments | $1,565/mo | $1,989/mo | 7 | 4.4 |
Frequently Asked Questions About Rent in Franklin 37067
What is the average rent in Franklin 37067?
Is rent going up or down in Franklin 37067?
What is the cheapest apartment in Franklin 37067?
How much is a 1-bedroom apartment in Franklin 37067?
How many apartments are available in Franklin 37067?
What salary do I need to live comfortably in Franklin 37067?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$82,000/year
Based on the 30 percent rule, using our tracked average rent of $2,045/mo.
Comfortable income
$98,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,321/mo), you need to earn at least $53,000/year.
Median household income in Franklin 37067 is $115,000 , about 17% above the comfortable-living threshold.
Cost of living in Franklin 37067
Overall prices in Franklin 37067 runs below the national average by about 3% (BEA Regional Price Parity index 97.0, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Franklin 37067's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,045 |
| Utilities | $460 |
| Groceries | $509 |
| Transportation | $1,096 |
| Healthcare | $535 |
| Other goods and services | $855 |
| Estimated total | $5,499/mo |
Population
85,575
Median household income
$115,000
Census median rent
$1,861/mo
Census rent burden
27.8%
Median age
37.8
Mean commute
25 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Franklin 37067 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Franklin 37067 Apartments
Browse all 14 communities with daily-updated pricing and availability.