Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Franklin Center area can be challenging. Home prices in Franklin Center are now at a median cost of $441,522, higher than the New Jersey average of $388,929.
The average cost of rent is $1,922/mo in Franklin Center, primarily driven by the current value of real estate in the Franklin Center area. While nearly 46.72% of residents own their homes outright in Franklin Center, 31.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in Franklin Center is $10,063 per month. Households that rent pay about 19.10% of their income on rent here. Franklin Center's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Zarephath, NJ: equally priced homes
- South Bound Brook, NJ: less expensive homes
- Bound Brook, NJ: less expensive homes
- Manville, NJ: less expensive homes
- Somerset, NJ: less expensive homes
- Finderne, NJ: less expensive homes
- Middlesex, NJ: less expensive homes
- Millstone, NJ: higher priced homes
- East Franklin, NJ: less expensive homes
- Martinsville, NJ: higher priced homes
Cities with Similar Populations
- Hamilton, MI: less expensive homes
- Greenup, KY: less expensive homes
- Greenville, KY: less expensive homes
- Greenwood, MO: less expensive homes
- Groveland, MA: equally priced homes
- Guadalupe, AZ: less expensive homes
- Guayama, PR: less expensive homes
- Gulf Park Estates, MS: less expensive homes
- Gun Barrel City, TX: less expensive homes
- Gurley, AL: less expensive homes
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