Franklin, North Carolina Short Term Rental Regulations

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Reviewed by Karolyn Hutson

Last updated August 23, 2023

Franklin Short-Term Rental Regulations

Information is maintained by the community to provide helpful insights and links to local regulations, HostScouts does not provide legal or investment advice.

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  • Short Term City Rating
    7.2
  • Competition

    8.1
  • Real Estate Cost

    8.3
  • STR Regulations

    N/A
  • Seasonality

    9.7
  • Rental Rates

    2.8

Franklin, North Carolina Quick Stats

Short-term rentals have gained a lot of traction in the last few years. The trends and statistics of this sector are constantly changing, and having access to accurate data is essential for making sound investment decisions.

Population
4,105
STR License Required
No
Tourist Season
County
Macon
Airports
Asheville Regional Airport (AVL)
McGhee Tyson Airport (TYS)
Review our Franklin North Carolina short-term rental analytics guide, including rates, property types and other metrics

Want to learn more about Franklin?

Hostscouts has you covered. Our guides for this city cover topics that can help you research cities across the US quickly and easily.

Check out our Franklin rental analytics guide if you're interested in data on the Franklin rental market.

City Activities

Review the popular activities that hosts include in their property positing in Franklin.

City Attractions

The most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings.

Franklin Rental Rates & Fees

Explore nightly rates that hosts list their properties and the average fees for pets and additional guests.

Property Types & Sizes

What are the most popular property sizes for rent? Research whether a 1, 2, or 3 bedroom best fits Franklin guests.

Interested in other North Carolina cities?

Check out the North Carolina Airbnb rules directory 

What makes Franklin a great place to invest?

  • Rich Gem Mining Heritage: Experience the thrill of unearthing precious stones at Franklin's numerous gem mines, such as the Rose Creek Mine and the Mason Mountain Mine. Known as the "Gem Capital of the World," Franklin offers tourists the unique opportunity to mine their own rubies, sapphires, and garnets in a fun, family-friendly environment.
  • Downtown Charm: Stroll along the quaint streets of historic downtown Franklin, where you'll find a delightful mix of antique shops, art galleries, charming cafés, and local eateries. Don't miss the Franklin Gem and Mineral Museum, which showcases dazzling mineral specimens and illuminates the town's storied past.
  • Breathtaking Hiking Trails: Strap on your hiking boots and explore the majestic Appalachian Trail, as well as countless other trails that meander through Franklin's lush forests, sparkling waterfalls, and breathtaking mountain vistas. Popular trails include the Bartram Trail, Wayah Bald, and the Pickens Nose Trail.
  • Whitewater Adventures: Get your adrenaline pumping with whitewater rafting and kayaking on the nearby Nantahala River. Several outfitters in Franklin offer guided trips for beginners and experienced paddlers alike, promising an unforgettable experience navigating the river's exhilarating rapids.
  • The Great Smoky Mountains National Park: Just a short drive from Franklin, the Great Smoky Mountains National Park offers an abundance of activities for nature enthusiasts. With over 800 miles of trails, you can hike to stunning waterfalls, take scenic drives, or catch a glimpse of local wildlife, including black bears, elk, and deer. Don't forget to visit the iconic Clingmans Dome for panoramic views of the Smokies!

Franklin Nearby Cities

Local Real Estate

How expensive is the real estate in Franklin?

The cost of real estate can vary widely depending on the location, size, and features of the property, as well as market conditions. The median home value in Franklin has decreased -15% over the past year, and the average price per square foot is $221, which is lower than the national average.

Median Sale Price

$292,500

-15% YoY

Median per Square Foot

$221

4% YoY

Average Monthly Rent

$1,422

0% YoY

Property Descriptions

The most common terms hosts include in their listings for Franklin, North Carolina

Word Cloud for Franklin, North Carolina Short Term Rentals

Common terms for Franklin short term rental listings.

When potential guests are scrolling through listings on Airbnb, they’re looking for certain essential information to help them decide if your property is the right fit for their needs. As a host, ensuring that your listing includes all the relevant information that guests will be looking for is vital.

Some of the must-have elements of a property description include:

  • Location: Guests will want to know where your property is located in relation to popular attractions, public transportation, and other points of interest.
  • Amenities: What amenities does your property offer? Be sure to list all features guests can access, such as a pool, hot tub, parking, etc.
  • Informative: The average listing in Franklin has a description approximately 1,606 words long. Make sure yours is long enough to describe your property but doesn't require your potential guest to read a novel.

After reviewing more than 690 listings in Franklin, we've consolidated the most common terms on the word cloud. The larger text represents a term that is used more often. The top ten mentioned terms are Cabin, Mountain, Deck, View, Franklin, Outdoor, Fire pit, Family, Perfect, and Beautiful.

What are the most popular tourist activities in Franklin?

Whether renting a house, an apartment, or a room, you should include popular tourist activities in your posting. The most common choices mentioned on property listings in Franklin involve Hiking, Antiquing, Rafting, Mountain Biking, and Wildlife Viewing. When you write your listing, have a section with recommended activities near the property to give your guests an idea of what is available.

Hiking

Antiquing

Rafting

Mountain Biking

Wildlife Viewing

Water Tubing

Casinos

Adventure Activities

Kayaking

Horseback Riding

Museums

Mountain Climbing

Local Attractions

What attractions do hosts highlight to guests?

There are quite a few popular attractions in Franklin, including Great Smoky Mountains National Park, Great Smoky Mountains Railroad, Western Carolina University, Chattahoochee National Forest, and Lake Glenville. Below we've included the most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings. Many hosts like to show off lesser-known regional landmarks visitors might not have heard of.

Regional Landmark

Lake Glenville

Included on 57% of listings

Local Landmark

Dry Falls

Included on 48% of listings

Regional Landmark

Chattahoochee National Forest

Included on 48% of listings

Regional Landmark

Western Carolina University

Included on 47% of listings

Local Landmark

Fontana Lake

Included on 34% of listings

Local Landmark

Old Edwards Club

Included on 33% of listings

Local Landmark

Nantahala Lake

Included on 24% of listings

Regional Landmark

Great Smoky Mountains Railroad

Included on 12% of listings

Local Landmark

Smokey Mountain Trains Museum

Included on 12% of listings

Well Known Attraction

Great Smoky Mountains National Park

Included on 8% of listings

Local Landmark

Black Rock Mountain State Park

Included on 8% of listings

What’s the weather like in Franklin, North Carolina?

The weather is generally milder than the national average, with an average high temperature of around 68°, while the average low is about 45°. The rainfall is much heavier, averaging about 47 inches per year, compared to the national average of about 27 inches. Snowfall can be rather heavy, averaging less than 10 inches per year. The humidity levels in Franklin are generally lower than the national average, and the city has a mix of clouds and sunshine for most of the year.

Winter

December through February

30° Low 52° High

Precipitation
12.8"
Snowfall
8.5"
Muggy Days
0.0 days
Cloudiness
52%

Spring

March through May

43° Low 69° High

Precipitation
12.2"
Snowfall
1.4"
Muggy Days
1.2 days
Cloudiness
48%

Summer

June through August

61° Low 83° High

Precipitation
10.7"
Snowfall
0.0"
Muggy Days
35.0 days
Cloudiness
43%

Fall

September through November

45° Low 69° High

Precipitation
10.9"
Snowfall
0.3"
Muggy Days
5.7 days
Cloudiness
39%