Franklin, WI

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Franklin short-term rental market based on reliable data.

Listings

27 / 64

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$28,402

Middle-Earners Revenue

Occupancy

64%

Middle-Earners Occupancy

Home Value

$444,932

Median Home Sale Price

Top Earners

$51,833

Top-Earners Revenue

Franklin

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Franklin.

Loading top listings...

B

Generally Investor friendly

Franklin Regulations

Short‑term rentals are clearly allowed across residential zones, but investors must obtain a health‑department Tourist Rooming House License, register for and remit hotel/room taxes, pass inspections, and—most constrainingly—use the property as their primary residence. Fees and renewals are moderate and predictable, making compliance manageable but not frictionless.

View Franklin Regulations →

Local STR Agent

STR specialist · Franklin, WI

Trusted Expert
Get Expert Help In Franklin
Free consultation Response within 24h

About Franklin

Franklin is a suburban city in Milwaukee County, Wisconsin, situated in the southeastern part of the state just southwest of Milwaukee. With a population of approximately 36,000 residents, Franklin carries the feel of a comfortable, well-established suburb — quiet, family-friendly, and largely residential, with stretches of parkland, golf courses, and wooded neighborhoods woven through its layout. It functions as a convenient gateway to the broader Milwaukee metropolitan area, drawing visitors who want access to city amenities while staying in a calmer, greener setting. Downtown Milwaukee lies roughly fifteen miles to the northeast, an easy drive that makes Franklin a practical base for travelers exploring the region.

One of the area's most distinctive natural assets is Whitnall Park, a sprawling Milwaukee County park that extends into Franklin and its neighboring communities. The park is anchored by the Boerner Botanical Gardens, a formal garden complex featuring themed flower gardens, rose collections, and woodland trails that draw visitors throughout the warmer months. Whitnall Park also contains golf courses, picnic areas, and extensive walking paths, making it a versatile year-round destination just minutes from Franklin's residential core.

For a more intimate outdoor experience, the Franklin Woods Nature Center offers a network of trails through restored woodlands and prairies, providing a quick local escape for hikers, birdwatchers, and families with young children. The center sits within Franklin's park system and is one of the community's quieter draws — a small but well-maintained spot that highlights the city's commitment to preserving green space amid suburban development.

A short drive north of Franklin brings visitors to the Milwaukee County Zoo, one of the most-visited attractions in the region. The zoo spans more than 200 acres and houses a wide range of animals in naturalistic exhibits, making it a major draw for families staying in the area. Beyond the zoo, downtown Milwaukee opens up a much wider slate of options, including lakefront cultural venues, the Historic Third Ward district, and the city's renowned museum campus, all reachable in roughly twenty to thirty minutes from Franklin by car.

Franklin's appeal as a short-term-rental market stems from this balance: a peaceful, suburban environment with strong road connections to Milwaukee's urban core and the wider southeastern Wisconsin region. Visitors who prefer quieter evenings, larger floor plans, and easy access to nature still find themselves within a short drive of major sporting events, cultural institutions, and lakefront recreation. For travelers prioritizing both convenience and a relaxed Midwestern setting, Franklin offers a compelling mix that fits a wide range of trip styles.

startup landing logo

Copyright © 2026 HomeRun Analytics, Inc

Explore

HomeCountry ExplorerProperty Analyzer

Resources

Market ComparatorRegulationsBlog

Trusted by STR investors in 50+ U.S. states

Built by investors, for investors

STRProfitMap® is a registered trademark of HomeRun Analytics, Inc