Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Frankfort area can be challenging. Home prices in Frankfort are now at a median cost of $79,767, lower than the Tennessee average of $218,916.
The average cost of rent is $538/mo in Frankfort, primarily driven by the current value of real estate in the Frankfort area. While nearly 71.59% of residents own their homes outright in Frankfort, 14.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in Frankfort is $3,285 per month. Households that rent pay about 16.38% of their income on rent here. Frankfort's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- High Point, TN: equally priced homes
- Lancing, TN: higher priced homes
- Deer Lodge, TN: equally priced homes
- Fairfield Glade, TN: higher priced homes
- Glades, TN: equally priced homes
- Roslin, TN: higher priced homes
- Sunbright, TN: higher priced homes
- Pilot Mountain, TN: higher priced homes
- Wartburg, TN: higher priced homes
- White Oak, TN: higher priced homes
Cities with Similar Populations
- Kit Carson, CO: higher priced homes
- Stones Mill, VA: higher priced homes
- Stolletown, IL: higher priced homes
- Stevensville, VT: higher priced homes
- State Line, LA: higher priced homes
- Starks, WI: higher priced homes
- Star Mills, KY: higher priced homes
- Spring Hill, IL: higher priced homes
- Lanse, PA: higher priced homes
- Lambert, MO: higher priced homes
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