Cost of living in Franklin, Tennessee
Simple answer
Typical rent is $1,923 a month.
Franklin is a city in Tennessee. That rent number includes utilities. A typical household earns $119,528 a year.
- People
- 87,133
- Census average, 2020–2024
- Typical rent
- $1,923
- Median gross rent, includes utilities
- Typical pay
- $119,528
- Median household income, yearly
- Typical home
- $705,400
- Median home value
- 2-bedroom fair rent
- $1,798
- Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area
Franklin, Tennessee has about 87,133 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $705,400.
HUD's fair-market rent for a 2-bedroom in Williamson County is $1,798 a month. That is the county number, not an apartment listing in Franklin. It runs from October 2026 through September 2027.
In the Nashville-Davidson--Murfreesboro--Franklin, TN metro area, prices sit at 96.3 when the U.S. average is 100. That is a 2024 BEA index.
Tennessee does not tax wages. A typical combined sales tax is 9.6% as of January 1, 2026. That mix is statewide, not Franklin's exact store tax.
In July 2026, a typical Tennessee home paid 13.71¢ per kilowatt-hour. That is a state average from EIA, not Franklin's bill.
EIA did not publish a 2025 all-grades gas price for Tennessee in the table we use.
Among 278 places we list in Tennessee with a rent figure, 11 have higher typical rent than Franklin.
Nearby places
- Brentwood
Typical rent $2,825
Compare with Franklin - Thompson's Station
Typical rent $2,088
Compare with Franklin - Nolensville
Typical rent $2,454
Compare with Franklin - Forest Hills
Typical rent $3,501
Compare with Franklin - Oak Hill
Typical rent $2,286
Compare with Franklin - Spring Hill
Typical rent $1,844
Compare with Franklin - Belle Meade
Typical rent $3,501
Compare with Franklin - Berry Hill
Typical rent $1,733
Compare with Franklin
EBT nearby
USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.
Locator page updated 2026-09-11. Last checked 2026-10-16.
Food stamps (SNAP) tools in Tennessee
Bigger places in Tennessee
Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.