Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Franklin County area can be challenging. Home prices in Franklin County are now at a median cost of $112,911, lower than the Alabama average of $185,232.
The average cost of rent is $581/mo in Franklin County, primarily driven by the current value of real estate in the Franklin County area. While nearly 62.44% of residents own their homes outright in Franklin County, 29.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Franklin County is $3,909 per month. Households that rent pay about 14.85% of their income on rent here. Franklin County's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the county.
Nearby Counties
- Lawrence County, AL: equally priced homes
- Morgan County, AL: higher priced homes
- Union County, MS: equally priced homes
- Marshall County, AL: higher priced homes
- Lafayette County, MS: higher priced homes
- DeKalb County, AL: equally priced homes
- Panola County, MS: equally priced homes
- Chattooga County, GA: less expensive homes
- Gordon County, GA: higher priced homes
- Phillips County, AR: less expensive homes
Counties with Similar Populations
- Yazoo County, MS: less expensive homes
- Campbell County, TN: higher priced homes
- Calloway County, KY: higher priced homes
- Warren County, TN: higher priced homes
- Washington County, IA: higher priced homes
- Boone County, AR: higher priced homes
- Blaine County, ID: higher priced homes
- Bladen County, NC: equally priced homes
- Benton County, IA: higher priced homes
- Bell County, KY: less expensive homes
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