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Franklin Apartment Options

Avg. RentAnnual Change
1 Bed - $800-15%
2 Beds - $1,185-2%
3 Beds - $1,155+3%
Last updated 8/18/2022

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Overview of Franklin

In Franklin, community members and officials both thrive to make it the best community around. Their vision is always to give residents the highest quality of life with continuous economic growth and an abundance of recreational opportunities. Franklin is located in Milwaukee County, about 10 miles south of downtown Milwaukee and 80 miles north of downtown Chicago. This gives residents the perfect balance of city amenities and small-town comfort. Franklin is strategically located near Interstates 94, 894, and 43, Wisconsin State Highways 36 and 100, as well as U.S. Highways 45 and 241.

The city of Franklin has 16 city parks, 11 county parks and seven parks at school sites totaling 3,881 acres of recreation. This combined with the quality residential areas makes Franklin the perfect location for working professionals that commute downtown, families or seniors needing a quiet retreat. Franklin apartments for rent offer the small-town atmosphere with plenty of modern amenities.

According to statistics from the U.S. Census Bureau, the population of Franklin has dramatically increased over the past two decades. In 1990, the population was around 21,849, but today more than 35,600 residents call Franklin home.

Living in Franklin, WI

Named after Benjamin Franklin, the city was one of the two towns formed from the split of Kinnickinnic in 1838. Franklin was surrounded by Greenfield to the north, Oak Creek to the east and Racine and Waukesha Counties to the south and west. Originally, Franklin was covered with thick timber, such as walnut, butternut and hickory, which meant there was also an abundance of wild animals. Bears, panthers, wolves, wildcats and deer were the most common species in the area.

Early town officials in Franklin fought against annexation to Milwaukee. Franklin was organized as a township in 1841, and it consisted of 36 miles. Franklin has always remained a rural town, but in fear that Milwaukee would try again to annex it, officials prompted to incorporate it as a city in 1956 after much debate.

Franklin Work and Study

Around Franklin, there are many options for employment in diverse industries although the largest one is healthcare. The top employers in the region include Aurora Health Care, Wheaton Franciscan Healthcare, Kohl's Corporation, GE Healthcare Technologies and Rockwell Automation.

Students living in Franklin apartments have several options for post-secondary education in the area. Alverno College, Milwaukee Area Technical College, Mount Mary College, Marquette University, Bryant & Stratton College and the Milwaukee School of Engineering are just a few of the options. Marquette University enrolls approximately 8,400 undergraduates and 3,600 graduates in 77 majors and 65 minors, and 50 doctoral programs.

Rentals in Franklin, WI and Cost of Living

Living in Franklin is moderately priced considering the scenic community and close proximity to Milwaukee. According to Best Places, the overall cost of living is 3 points lower than the national average, food is 5 points lower and utilities are 11 points higher. Similarly, the average cost of rentals in Franklin is fairly average. According to statistics from the U.S. Census Bureau, the monthly median gross rent is $883. 

Franklin Attractions and Special Events

The St. Martin's Fair is an annual event held on the first Monday of each month. This event takes place on St. Martin's Road from W. Forest Home Avenue to W. Church Street. Residents purchase good from vendors selling a diverse array of goods, including clothing, hardware and household items, pet supplies, cleaning supplies, antiques, flowers, fruits and vegetables, prepared food, furniture and much more. The event also boasts live entertainment each week.

Franklin also hosts summer concerts in the park in the Lions Legend Park Band Shell for free on Sundays. Other community events include the Franklin Civic Celebration, Arbor Day Celebration and National Night Out.

Rent.com® can help you get settled in a Franklin apartment. Look through our rental listings and find the perfect home for your needs.

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