The Most Affordable Neighborhoods in Ben Franklin, TX by Home Value

These days, finding an affordable place to live in the Ben Franklin area can be challenging. Home prices in Ben Franklin are now at a median cost of $187,463, lower than the Texas average of $322,096.

The average cost of rent is $1,206/mo in Ben Franklin, primarily driven by the current value of real estate in the Ben Franklin area. In Ben Franklin, 12.17% of households rent, and 46.60% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Ben Franklin is $7,073 per month. Households that rent pay about 17.04% of their income on rent here. Ben Franklin’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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