Rental market snapshot for Franklin, Ohio

Franklin, Ohio Rental Property Market Overview

Franklin, Ohio is a small city located in Warren County, Ohio. According to the US Census, the population of Franklin, Ohio in 2021 was 11,636. The city is known for its historic downtown area, which features a variety of shops, restaurants, and other attractions. Franklin is also home to a number of parks, trails, and other outdoor recreational areas. The city is a great place to live, work, and play, and its population continues to grow each year.

The average rent for an apartment in Franklin is $1,371. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -1.5% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Franklin Ohio | Cost of Living

  • The most expensive ZIP Code in Franklin is 45005 with an average price of $1,550
  • The cheapest ZIP Code in Franklin is 45005 with an average price of $1,400

Franklin ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
145005$1,550

Live near Franklin, Ohio's Top Sights and Attractions

Franklin Community Park is a sprawling green space located in a suburban area. It features a large lake, walking trails, picnic areas, playgrounds, and a variety of sports fields. The park also has a large amphitheater, which hosts concerts and other events throughout the year. There are also several pavilions, which can be rented for special occasions. The park is a great place to spend a day outdoors, with plenty of activities for all ages.

Carmody Park Lower Twin Creek Park Nature Preserve is a tranquil outdoor oasis located in Franklin, Ohio. The park features a variety of trails, including a paved path that winds through the woods, perfect for walking, biking, and jogging. The park also has a playground, picnic area, and a pond for fishing. The preserve is home to a wide variety of wildlife, including deer, foxes, and a variety of birds. The park is a great place to relax and enjoy nature, while also getting some exercise.

Laynecrest Park is a beautiful outdoor area located in Franklin, Ohio. It features a large lake with a walking trail, a playground, and a picnic area. There are also several sports fields, including a baseball diamond, basketball court, and soccer field. The park also has a pavilion, which is perfect for hosting events or gatherings. The park is a great place to spend time with family and friends, and it offers plenty of activities for all ages.

Crains Run Nature Park is a beautiful outdoor destination located in Franklin, Ohio. It features over 200 acres of lush green space, with a variety of trails for hiking, biking, and horseback riding. The park also has a large lake, perfect for fishing and canoeing, as well as a playground and picnic area. Visitors can also explore the park's many wetlands, meadows, and woodlands, and observe the local wildlife. With its stunning views and abundance of activities, Crains Run Nature Park is a great place to spend a day outdoors.

Chautauqua Bapt Fellowship Park is a beautiful outdoor attraction located in Franklin, Ohio. It features a large lake, walking trails, and a variety of wildlife. The park is home to a variety of birds, including ducks, geese, and swans. There is also a playground, picnic areas, and a pavilion for special events. The park is a great place to relax and enjoy nature, with plenty of opportunities for fishing, boating, and swimming.

Harding Museum is a historic house museum located in Franklin, Ohio. It is the former home of President Warren G. Harding and his wife, Florence. The museum features a variety of artifacts from the Harding's life, including furniture, photographs, and other memorabilia. Visitors can also explore the grounds, which feature a formal garden, a carriage house, and a replica of the President's Oval Office. The museum offers guided tours, educational programs, and special events throughout the year.

Hazel Wood Park is a beautiful outdoor destination located in Franklin, Ohio. It features a large pond, a playground, and plenty of open space for picnicking, walking, and other activities. The park also has a variety of trees and plants, making it a great spot for bird watching. There are also several trails that wind through the park, providing visitors with a peaceful and scenic experience.

Chautauqua Reservoir is a beautiful, serene lake located in the rolling hills of Ohio. It is a popular destination for fishing, boating, and swimming. The lake is surrounded by lush green trees, providing a peaceful and tranquil atmosphere. There are several boat ramps and docks located around the lake, making it easy to access the water. The lake is stocked with a variety of fish, including bass, catfish, and crappie. Visitors can also enjoy a variety of outdoor activities, such as camping, hiking, and bird watching.

Twin Creek Metro Park is a sprawling outdoor recreation area located in Franklin, Ohio. It features a variety of activities for visitors of all ages, including hiking trails, fishing spots, picnic areas, and playgrounds. The park also has a large lake, which is a popular spot for swimming, canoeing, and kayaking. In addition, the park is home to a variety of wildlife, including deer, foxes, and birds. With its lush green spaces, Twin Creek Metro Park is a great place to spend a day outdoors.

Riverside Park is a beautiful outdoor destination located along the banks of the Great Miami River in Franklin, Ohio. The park features a variety of recreational activities, including walking trails, picnic areas, playgrounds, and a fishing pier. There is also a disc golf course, a skate park, and a splash pad. The park also offers a variety of special events throughout the year, such as concerts, festivals, and holiday celebrations.

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Franklin, Ohio area median rent change by ZIP Code map

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How does Franklin compare to other cities in Ohio ?

citymedian price
Harrison$1,695
Canal Winchester$1,950
Dayton$1,350
Eastlake$1,000
Ashtabula$1,200
Fairfield$1,630
Powell$2,470

Average household income in Franklin area graph - US Census

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The median household income in Franklin in 2021 was $48,018. This represents a 24.6% change from 2011 when the median was $38,528.

#categorypercent
0Less than $10,0008.4%
1$10,000 to $14,9994.6%
2$15,000 to $19,9994.4%
3$20,000 to $24,9996.4%
4$25,000 to $29,9997.7%
5$30,000 to $34,9995.3%
6$35,000 to $39,9993.8%
7$40,000 to $44,9996.9%
8$45,000 to $49,9994.5%
9$50,000 to $59,9997.5%
10$60,000 to $74,99910.5%
11$75,000 to $99,99913.8%
12$100,000 to $124,9997.3%
13$125,000 to $149,9994.7%
14$150,000 to $199,9993.7%
15$200,000 or more0.6%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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