Marion County
Indianapolis core, southside neighborhoods, and close-in rental markets.
- Indianapolis
- Southport
- Beech Grove
- Lawrence
- Speedway
Homes for Rent
Franklin Township Homes for Rent
Franklin Township sits in the southeast corner of Marion County, bordered by Warren and Perry townships to the north and west, Shelby and Hancock counties to the east, and Johnson County to the south. Population roughly doubled between 2000 and 2020 — from 32,080 to 65,788, passing through 54,594 in 2010 — the fastest growth of Marion County's nine townships over that span. It was organized on April 16, 1822.
Currently Available in Franklin Township
Live listings pull directly from Red Door's RentEngine feed.
$1,545/mo
9738 Treyburn Lakes Drive
3 bd · 2 ba · 1,200 sq ft
Dogs and cats allowedView details →
$1,430/mo
728 Parkway Avenue
3 bd · 2 ba · 1,250 sq ft
No petsView details →
$1,710/mo
6816 Bluestem Court
3 bd · 2 ba · 1,212 sq ft
No petsView details →
$1,950/mo
7844 Bombay Lane
3 bd · 2.5 ba · 2,242 sq ft
Dogs and cats allowedView details →
Franklin Township Rentals on the Map
Every Red Door listing, mapped around Franklin Township.
Homes Available Nearby
When nothing's available in Franklin Township right now, these are the closest places to look.
Explore More
More About Franklin Township
RentCast market data pulled November 1, 2026 — refreshed monthly.
Average Rent
$1,670
Across 526 currently listed Franklin Township rentals
Median Rent
$1,586
Range: $771 – $4,761
Single-Family Average
$1,793
Red Door's focus — 392 of 526 listings
Rent per Sq Ft
$1.27
Median: $1.23/sq ft
Typical Home Size
1,461 sq ft
Median: 1,394 sq ft
Days on Market
20
Average: 46 days
Typical size runs around 1,554 sq ft ($1.22/sq ft). By bedroom count: $1,065 for 1-bedroom, $1,381 for 2-bedroom, $1,741 for 3-bedroom (the largest sample, 240 listings), and $2,124 for 4-bedroom — the studio figure ($908) and the 5-bedroom figure ($2,226) are each based on only 7 listings and read as rough signals, not firm numbers. Half of Franklin Township's current rental listings lease within 20 days, while the average of 44 days reflects a handful of longer-sitting units.
Franklin Township won't always have listings live. When nothing's available here right now, homes available nearby are shown below instead of a dead end.
3 of Franklin Township's 526 active rental listings are new since the last pull. Franklin Township's apartments (81 of 526 listings) average $1,138/mo, less than the $1,793 single-family homes typically rent for here.
Rent by bedroom count, this month’s RentCast pull:
Studio$965/mo0 new listings this pull — small sample
1-Bedroom$1,060/mo1 new listing this pull — small sample
2-Bedroom$1,417/mo1 new listing this pull — small sample
3-Bedroom$1,757/mo1 new listing this pull — small sample
4-Bedroom$2,191/mo0 new listings this pull — small sample
5-Bedroom$2,629/mo0 new listings this pull — small sample
What to Expect Renting in Franklin Township
- Location: Franklin Township borders Warren and Perry townships to the north and west, Shelby and Hancock counties to the east, and Johnson County to the south.
- Housing stock: 381 of Franklin Township's 496 current rental listings (about 3 in 4) are single-family homes, which lines up with Red Door's own focus here.
How Renting With Red Door Works
- Browsing and applying: View details on any listing and apply directly online through Red Door's application flow.
- Screening criteria: Verifiable income of at least 3x rent, minimum 580 credit score, maximum 55% debt-to-income, no disqualifying convictions, no aggressive dog breeds, plus standard rental-history checks. Full detail on the Tenant Qualification Criteria page.
- Showings: Self-guided via digital lockbox once an application clears initial screening — no waiting to coordinate a showing time with an agent.
Local Expertise Across Central Indiana
Franklin Township Homes for Rent,Plus Every Community Nearby
Red Door lists and manages rental homes in Franklin Township and across the surrounding Central Indiana communities.
Hamilton County
Northside suburbs with strong single-family and executive rental demand.
Madison County
Northeast communities with commuter access and affordable rental options.
- Anderson
- Pendleton
- Lapel
- Ingalls
Hendricks County
Westside communities popular with commuters and long-term rental owners.
- Avon
- Brownsburg
- Danville
- Plainfield
Johnson County
South metro rentals with steady demand from commuters and long-term renters.
- Greenwood
- Franklin
- Whiteland
- Bargersville
Hancock County
Eastside growth areas with newer-home inventory and suburban appeal.
- Greenfield
- McCordsville
- New Palestine
- Fortville
- Cumberland
Shelby County
Southeast rental markets serving owners near the Indianapolis outer ring.
- Shelbyville
- Fairland
- Morristown
- Boggstown
Boone & Morgan Counties
Northwest and southwest communities around the Indianapolis rental ring.
- Zionsville
- Whitestown
- Lebanon
- Mooresville
- Martinsville
Indianapolis Neighborhoods
Close-in neighborhoods where property condition, tenant fit, and responsiveness matter.
- Broad Ripple
- Fountain Square
- Fletcher Place
- Irvington
- Downtown Indianapolis
- Mass Ave
- Wholesale District
- Indiana Avenue
- SoBro
- Meridian-Kessler
- Butler-Tarkington
- Herron-Morton
- Old Northside
- Lockerbie Square
- Chatham Arch
- Holy Cross
- Cottage Home
- Fall Creek Place
- Garfield Park
- Bates-Hendricks
- Woodruff Place
- Riverside
Indianapolis TownshipsClick to view the township service areas Red Door manages.
Own a Rental Home in Franklin Township?
See how Red Door manages Franklin Township rental properties, or find out what your home could rent for.