Rentometer, Inc. | Data as of 10/24/2025
Franklin, Virginia, offers a vibrant rental market that blends suburban charm with easy access to the cultural and economic hubs of the Commonwealth. The county’s diverse neighborhoods, from the historic downtown district to the thriving Skyline Drive corridor, provide a range of housing options suited to professionals, families, and students alike. Residents enjoy proximity to Shenandoah River recreational trails, the renowned Franklin Farm Museum, and a growing selection of local eateries and boutique shops, creating a well‑rounded lifestyle that balances convenience with community spirit.
For those seeking apartment living, the market features a healthy mix of one‑ and two‑bedroom units that cater to varied lifestyle needs. One‑bedroom apartments typically fall within the $1,000‑$1,300 range, reflecting both average and median rental levels, while two‑bedroom units are similarly positioned, offering competitive rates that appeal to small families and roommates. Modern amenities, updated interiors, and pet‑friendly policies are common, and many complexes are located near major employers, transit routes, and top‑rated schools such as Franklin County High.
Beyond rentals, the county’s appeal is bolstered by its scenic parks, historic landmarks like the Old Chapel and the Franklin City Hall, and a strong sense of community involvement. Whether you’re drawn by the active outdoor scene, the convenient commutes to nearby Richmond and Charlottesville, or the welcoming neighborhood atmosphere, Franklin’s rental landscape provides a solid foundation for comfortable and affordable living in Virginia.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,029 | $1,137 | $526 - $1,315 | $1,000 - $1,315 |
| Apartment | 2 Bedroom | $1,078 | $1,145 | $597 - $1,425 | $1,075 - $1,425 |
In the current period, the average rent in Franklin was
$1,029 for 1 Bedroom, and
$1,078 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.