3 Bedroom Apartments for Rent in Franklin, TN Under $1,500 (1 Rental)
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Franklin, TN Local Guide

How much does it cost to rent an apartment in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin Studio Apartments | $1,892 | $1,509 | $2,556 |
Franklin 1 Bedroom Apartments | $2,002 | $1,300 | $5,870 |
Franklin 2 Bedroom Apartments | $2,582 | $1,345 | $7,477 |
Franklin 3 Bedroom Apartments | $3,733 | $1,750 | $9,163 |
Franklin 4 Bedroom Apartments | $3,994 | $3,800 | $4,200 |
Explore Franklin
Franklin, TN Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Getting Around Franklin, TN
Walk Score®
42 / 100
Car-Dependent
Most errands require a car
Bike Score®
34 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
16 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about 3 Bedroom Franklin Apartments
What is the Cheapest apartment in Franklin with 3 Bedroom?
Currently the most affordable 3 Bedroom in Franklin is at Ashton Brook listed at $2,269.
How much is the average rent for a 3 Bedroom Franklin Apartment?
The average rent for a 3 Bedroom Apartment in Franklin is $3,733.
What is the largest available 3 Bedroom Franklin Apartment for rent?
Today's apartment with the most square footage in Franklin is a 2,012 square feet unit starting from $3,625 at Simmons Ridge.
What is the average size for Franklin 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Franklin is currently 1,928 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Nashville Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
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The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.