The Most Affordable Neighborhoods in Franklin County, FL by Home Value

 

Franklin County, FL Map of Most Affordable Neighborhoods
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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 $306,356, higher than the Florida average of $278,762.

The average cost of rent is $1,051/mo in Franklin County, primarily driven by the current value of real estate in the Franklin County area. While nearly 64.65% of residents own their homes outright in Franklin County, 17.40% rent.

Housing affordability isn’t just about home prices, though. The average household income in Franklin County is $5,330 per month. Households that rent pay about 19.72% of their income on rent here. Franklin County's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the county.


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