Rent in Franklin County, FL at a glance
2-bedroom rent (HUD)
$1,186$14,232 a year · HUD fiscal year 2026From October 1, 2026: $1,068 (−9.9%)How much rent can you afford in Franklin County, FL?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Franklin County, FL by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $1,033 | $12,396 | $41,320 | $19.87/hr |
| 1 bedroom | $1,058 | $12,696 | $42,320 | $20.35/hr |
| 2 bedroomsMost searched | $1,186 | $14,232 | $47,440 | $22.81/hr |
| 3 bedrooms | $1,564 | $18,768 | $62,560 | $30.08/hr |
| 4 bedrooms | $1,570 | $18,840 | $62,800 | $30.19/hr |
Cost of living in Franklin County, FL: income, prices and a budget →
Living and working in Franklin County, FL
Rent in Franklin County, FL: common questions
How much is rent going down in Franklin County, FL in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,068 for a two-bedroom, down 9.9% from $1,186. A one-bedroom goes from $1,058 to $953, a studio from $1,033 to $930.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Franklin County, FL?
HUD's Fair Market Rent for 2026 is $1,058 for a one-bedroom and $1,186 for a two-bedroom, utilities included. That is $14,232 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Franklin County, FL?
To keep a $1,186 two-bedroom at 30% of gross pay, one full-time worker needs $22.81 an hour, or $47,440 a year. A one-bedroom at $1,058 takes $20.35 an hour.
How much is a 1, 2 or 3-bedroom apartment in Franklin County, FL?
At HUD's 2026 Fair Market Rent: studio $1,033, one bedroom $1,058, two $1,186, three $1,564 and four $1,570 a month.
Is rent affordable in Franklin County, FL?
For the typical household, earning $64,105 a year ($5,342 a month, Census ACS), a two-bedroom at $1,186 takes 22.2% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,186 × 12) ÷ 0.30 = $47,440. Divided by 2,080 working hours, that is $22.81 an hour.