Franklin, Indiana is a part of the Johnson County Submarket submarket area, and contains zip code 46131.
The 2019 average effective rent for Class A, B, and C apartments in the Franklin, IN submarket area was $806, which is 14.81% lower than 2014 average rent. This represents a compounded annual growth rate of 2.80%. 2019 vacancy in Franklin, IN was 2.00%.
The total population of the city of Franklin, IN has grown 6.48% since 2010. As of 2018, the population was 25,248. The median household income of the Franklin was $59,064, which is 2.04% lower than the national average.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Code
Johnson County Submarket
$806
14.81%
2.00%
$59,064
25,248
6.48%
2.04%
46131
Submarket Area Johnson County Submarket
Avg Rent $806
Rent Growth 14.81%
Vacancy 2.00%
Median Income $59,064
Population (2018) 25,248
Population Growth 6.48%
Vs. Nat’l Avg 2.04%
Zip Code 46131
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By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE. By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.