The median home in Franklin, Tennessee is valued at $903,745, up 1.5% year over year. Typical monthly rent is $2,006, producing a price-to-rent ratio of 37.5x — well above the national average of 18x. Franklin is part of the Nashville-Davidson--Murfreesboro--Franklin, TN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Nashville-Davidson--Murfreesboro--Franklin, TN stress score, crash risk, and 12-month forecast →

Home Value$903,745

+1.5%

Rent$2,006/mo

AFFORDABILITY

Enter your income for Franklin.

Income (annual)

Down Payment

$180,749 on $903,745

Out of reach — 84.3% of income

Need $225,900/yr to afford.

PITI$5,271

P/I84.3%

Afford$300K

Gap-$604K

P&I $4,570Tax $535Ins $167

Renting $3,265/mo cheaper ($2,006 rent)6.50% 30yr, 20% down, county tax + TN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Tennessee

Compare Franklin with other housing markets across Tennessee.

Brentwood$1395K College Grove$1225K Arrington$1132K Lookout Mountain$977K Nolensville$819K Thompsons Station$728K Eads$681K Piperton$674K

Full Nashville-Davidson--Murfreesboro--Franklin, TN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Nashville-Davidson--Murfreesboro--Franklin, TN metro.

View Nashville-Davidson--Murfreesboro--Franklin, TN metro →

FRANKLIN, TN