Surrounding Metropolitan Area
Franklin, Tennessee is a part of the Brentwood/Williamson County Submarket submarket area, and contains 5 zip codes: 37068, 37067, 37064, 37069, and 37065.
Franklin Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Franklin, TN submarket area was $1,351, which is 15.17% higher than 2014 average rent. This represents a compounded annual growth rate of 2.87%. 2019 vacancy in Franklin, TN was 5.80%.
The total population of the city of Franklin, TN has grown 29.49% since 2010. As of 2018, the population was 80,914. The median household income of the Franklin was $94,808, which is 57.25% higher than the national average.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Codes
Brentwood / Williamson County Submarket
$1,351
15.17%
5.80%
$94,808
80,914
29.49%
57.25%
37064 37065 37067 37068 37069
Submarket Area Brentwood / Williamson County Submarket
Avg Rent $1,351
Rent Growth 15.17%
Vacancy 5.80%
Median Income $94,808
Population (2018) 80,914
Population Growth 29.49%
Vs. Nat’l Avg 57.25%
Zip Codes 37064 37065 37067 37068 37069

