Rental market snapshot for Franklin, Indiana
Franklin, Indiana Rental Property Market Overview
Franklin, Indiana is a small city located in Johnson County with a population of 25,437 as of 2021 according to the US Census. It is a vibrant community with a variety of attractions, including a historic downtown, a variety of parks, and a variety of shops and restaurants. It is a great place to live, work, and play, and is a great place to raise a family.
The average rent for an apartment in Franklin is $1,619. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has increased by 1.1% over the past year.
Last Updated May 05, 2023
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Average monthly rent graph in Franklin Indiana | Cost of Living
- The most expensive ZIP code in Franklin is 46131 with an average price of $1,595
- The cheapest ZIP code in Franklin is 46237 with an average price of $1,585
Franklin ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 46131 | $1,595 |
Live near Franklin, Indiana's Top Sights and Attractions
Palmer Park is a large outdoor recreational area located in Franklin, Indiana. It features a variety of activities for visitors of all ages, including a large playground, a walking trail, a disc golf course, a fishing pond, and a picnic area. The park also has a large open field, perfect for playing sports or flying kites. In addition, the park is home to a variety of wildlife, including ducks, geese, and other birds.
Flight is an outdoor adventure park located in Franklin, Indiana. It features a variety of activities including zip lining, a giant swing, a ropes course, and a climbing wall. Visitors can also take part in a variety of team building activities and nature hikes. Flight is a great way to get outdoors and experience the beauty of the area.
This bronze statue is a tribute to Benjamin Franklin, one of the Founding Fathers of the United States. It stands in a park in the center of town, surrounded by lush green grass and trees. The statue is of Franklin in a classic pose, with one hand on a book and the other hand pointing to the sky. He is wearing a tricorn hat and a long coat, and his face is full of wisdom and determination. The statue is a reminder of the importance of knowledge and the power of perseverance.
Province Park is a beautiful outdoor destination located in Franklin, Indiana. It features a large lake with a beach, a playground, and plenty of picnic areas. There are also several trails for hiking and biking, as well as a disc golf course. The park is also home to a variety of wildlife, including deer, foxes, and birds. Visitors can also take part in fishing, boating, and other recreational activities.
Branigin Woods Park is a beautiful outdoor attraction located in Franklin, Indiana. It is a great place to take a leisurely stroll, have a picnic, or just relax and take in the scenery. The park features a large lake, walking trails, and plenty of open space for activities. There are also several playgrounds, a disc golf course, and a large pavilion for group events. The park is also home to a variety of wildlife, including birds, deer, and other animals.
Blue Heron Park is a scenic outdoor destination located in Franklin, Indiana. It features a large lake surrounded by lush green trees and grassy fields. Visitors can enjoy a variety of activities, such as fishing, boating, and bird watching. The park also has a playground, picnic areas, and a walking trail. It is a great place to relax and take in the beauty of nature.
The Franklin Heritage Museum is a unique attraction located in a historic building that was once a schoolhouse. Inside, visitors can explore the history of the area through interactive exhibits, artifacts, and photographs. The museum also features a variety of educational programs and special events throughout the year. There is also a gift shop where visitors can purchase souvenirs and books about the local history.
Community Park is a large outdoor recreation area located in Franklin, Indiana. It features a variety of amenities, including a playground, walking trails, picnic areas, a fishing pond, and a disc golf course. The park also has a large pavilion, perfect for hosting events or gatherings. There are plenty of benches and tables scattered throughout the park, making it a great spot for a picnic or just to relax and enjoy the outdoors.
Payne Park is a beautiful outdoor park located in a small town in Indiana. It features a large lake, walking trails, and plenty of open green space for picnicking and playing. There is also a playground, a gazebo, and a covered pavilion for special events. The park is a great place to relax and enjoy nature, as well as to take part in recreational activities such as fishing, boating, and swimming.
Depot Park is a beautiful outdoor space located in the heart of a small town. It features a large grassy area with plenty of trees for shade, a walking path, and a historic train depot. The depot has been restored and is now a museum, showcasing the town's history and the role the railroad played in its development. The park also has a playground, picnic tables, and a gazebo. It is a great place to take a stroll, have a picnic, or just relax and enjoy the scenery.
Franklin, Indiana area median rent change by ZIP code map
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How does Franklin compare to other cities in Indiana ?
| city | median price |
|---|---|
| Pendleton | $2,025 |
| Carmel | $1,960 |
| Plainfield | $1,720 |
| Indianapolis | $1,620 |
| Hobart | $1,575 |
| Bloomington | $1,400 |
| Merrillville | $1,060 |
| Lafayette | $995 |
| New Albany | $975 |
| Crawfordsville | $665 |
Average household income in Franklin area graph - US Census
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The median household income in Franklin in 2021 was $63,518. This represents a 26.3% change from 2011 when the median was $50,280.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 6.0% |
| 1 | $10,000 to $14,999 | 2.6% |
| 2 | $15,000 to $19,999 | 3.9% |
| 3 | $20,000 to $24,999 | 5.0% |
| 4 | $25,000 to $29,999 | 5.8% |
| 5 | $30,000 to $34,999 | 6.3% |
| 6 | $35,000 to $39,999 | 3.0% |
| 7 | $40,000 to $44,999 | 4.3% |
| 8 | $45,000 to $49,999 | 3.2% |
| 9 | $50,000 to $59,999 | 9.3% |
| 10 | $60,000 to $74,999 | 11.7% |
| 11 | $75,000 to $99,999 | 15.0% |
| 12 | $100,000 to $124,999 | 10.4% |
| 13 | $125,000 to $149,999 | 6.3% |
| 14 | $150,000 to $199,999 | 5.3% |
| 15 | $200,000 or more | 1.9% |
