Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Franklin area can be challenging. Home prices in Franklin are now at a median cost of $81,977, lower than the Arizona average of $274,828.
The average cost of rent is $622/mo in Franklin, primarily driven by the current value of real estate in the Franklin area. While nearly 78.81% of residents own their homes outright in Franklin, 22.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in Franklin is $3,797 per month. Households that rent pay about 16.39% of their income on rent here. Franklin's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Virden, NM: higher priced homes
- Redrock, NM: higher priced homes
- Cactus Flat, AZ: higher priced homes
- Swift Trail Junction, AZ: higher priced homes
- Turkey Flat, AZ: higher priced homes
- White Signal, NM: higher priced homes
- Tyrone, NM: higher priced homes
- Silver City, NM: higher priced homes
- Old Columbine, AZ: higher priced homes
- Arenas Valley, NM: higher priced homes
Cities with Similar Populations
- Schley, NC: higher priced homes
- Rush Hill, MO: higher priced homes
- Russett, OK: higher priced homes
- Rutan, AL: higher priced homes
- Sacramento, IL: higher priced homes
- Sanford, PA: higher priced homes
- Santa Rita Park, CA: higher priced homes
- Saratoga, KY: higher priced homes
- Sattre, IA: higher priced homes
- Saum, MN: higher priced homes
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