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Average Rent in Franklin 37067 & Rent Trends

Rent prices and market trends across 4 apartment communities in Franklin 37067, Franklin, TN. Updated daily.

Market Average

$1,973/mo

▲ +3.9% from last month

Lowest Available

$1,575/mo

cheapest unit on market

Communities

4

tracked daily

Units Listed

107

available now

Franklin 37067 vs Franklin, TN Average

Franklin 37067 is cheaper the Franklin, TN average by $331/mo (14%). The citywide average is $2,304/mo across all neighborhoods.

Is Rent Going Up or Down in Franklin 37067?

As of May 2026, the average rent in Franklin 37067 is $1,973 per month across 4 apartment communities and 107 available units. Rents have increased $73 (3.9%) over the past month.

The most affordable option is Paxton Cool Springs starting at $1,575/mo. By unit type, a 1-bedroom averages $1,973/mo.

Prices range from $1,575 to $2,891 per month. The most common price point is the $1,600 range, where 46 units are currently listed.

Franklin 37067 Rent Price History

Rent Price Distribution

Rent by Bedroom Type in Franklin 37067

1 Bed
$1,973
from $1,575 · 107 units

Rent Prices by Apartment in Franklin 37067

Property Starting at Average Units Rating
Paxton Cool Springs $1,575/mo $1,803/mo 14 4.5
Camden Franklin Park Apartments $1,590/mo $1,631/mo 20 4.5
MAA Cool Springs $1,658/mo $1,756/mo 25 4.5
McEwen Northside Apartments $2,051/mo $2,279/mo 48 4.6

Google Search Trends for Franklin 37067 Apartments

Search interest for apartments in this area over the past 12 months.

Search Interest Over Time

Frequently Asked Questions About Rent in Franklin 37067

What is the average rent in Franklin 37067?
The average rent in Franklin 37067 is $1,973 per month as of May 2026, based on 107 units across 4 apartment communities.
Is rent going up or down in Franklin 37067?
Rent in Franklin 37067 has increased $73 (3.9%) over the past month. The current average is $1,973/mo.
What is the cheapest apartment in Franklin 37067?
The most affordable apartment in Franklin 37067 is Paxton Cool Springs with units starting at $1,575/mo.
How much is a 1-bedroom apartment in Franklin 37067?
A 1-bedroom apartment in Franklin 37067 averages $1,973/mo, with prices starting at $1,575/mo across 107 available units.
How many apartments are available in Franklin 37067?
There are 107 units available across 4 apartment communities 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

$79,000/year

30 percent rule -- using our average rent of $1,973/mo.

Comfortable income

$95,000/year

25 percent rule -- leaves more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,575/mo), you need to earn at least $63,000/year.

Cost of living in Franklin 37067

We only have live rent data for Franklin 37067 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category Monthly estimate
Rent (market average) $1,973
Estimated total $1,973/mo

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 are refreshed annually.

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