Neighborhood

Average Rent in South Franklin

South Franklin is a neighborhood in Indianapolis, IN. It ranks #11 out of 84 for places to rent. South Franklin is in
the county of
Marion County and no congressional districts. Dwellsy has rental data for South Franklin includes
the zip codes of
46237, 46259, 84 neighborhoods and no rental communities with places to rent.
The average rent over the last 3 months for places in South Franklin is $1,912 which represents an increase of 12.19% over the same period.

Rental Price Comparison

The average rent for places in neighborhood South Franklin currently stands at $1,912.
In comparison, places in the average city, specifically Indianapolis, is less expensive, with an average rent of $1,270. This represents a difference of -34% when compared to South Franklin.
Meanwhile, in the average state of Indiana, the average rent for the same type of housing is $1,353, showing a less expensive of -29% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,861. This constitutes a less expensive by -3% when compared to the rent in South Franklin.
$1,912
South Franklin
VS
$1,270
-34%
Indianapolis, city
$1,353
-29%
IN, state
$1,861
-3%
USA, us

Average price for rental listings over the last 3 months. Last updated June 7 2026

Zip Codes in South Franklin