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States / Tennessee / Franklin

Franklin, TN Housing

ACS 2020-2024

Median Home Value
$705,400 ± $19,866
Median Gross Rent
$1,923 ± $50/mo
Homeownership Rate
63.8%
Rent as Share of Income
19.3%
Price-to-Income Ratio
5.9×
Vacancy Rate
6.2%
Median Year Built
2002

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
584
Buildings
266
Single-Family Units
261
Multi-Family Units
323

Nearby Cities in Tennessee

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Franklin, TN Housing: Rent & Home Values | HomeDataUSA