Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the East Franklin area can be challenging. Home prices in East Franklin are now at a median cost of $283,365, lower than the New Jersey average of $388,929.
The average cost of rent is $1,748/mo in East Franklin, primarily driven by the current value of real estate in the East Franklin area. While nearly 30.53% of residents own their homes outright in East Franklin, 46.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in East Franklin is $7,090 per month. Households that rent pay about 24.66% of their income on rent here. East Franklin's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- New Brunswick, NJ: equally priced homes
- Somerset, NJ: higher priced homes
- Highland Park, NJ: higher priced homes
- North Brunswick, NJ: higher priced homes
- Milltown, NJ: higher priced homes
- Piscataway, NJ: higher priced homes
- Franklin Center, NJ: higher priced homes
- South Bound Brook, NJ: equally priced homes
- East Brunswick, NJ: higher priced homes
- Franklin Park, NJ: equally priced homes
Cities with Similar Populations
- Old Saybrook, CT: higher priced homes
- Knoxville, IA: less expensive homes
- Kodak, TN: less expensive homes
- Kutztown, PA: less expensive homes
- Lackland AFB, TX: less expensive homes
- Lacombe, LA: less expensive homes
- Lafayette Hill, PA: higher priced homes
- Lake Arbor, MD: higher priced homes
- Lake Bluff, IL: higher priced homes
- Keokuk, IA: less expensive homes
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