Affordable
Expensive
Expensive
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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 $285,971, lower than the North Carolina average of $323,314.
The average cost of rent is $1,106/mo in Franklin County, primarily driven by the current value of real estate in the Franklin County area. In Franklin County, 21.41% of households rent, and 37.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Franklin County is $6,346 per month. Households that rent pay about 17.43% of their income on rent here. Franklin County’s most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Nash County, NC: less expensive homes
- Durham County, NC: higher priced homes
- Edgecombe County, NC: less expensive homes
- Orange County, NC: higher priced homes
- Alamance County, NC: less expensive homes
- Bertie County, NC: less expensive homes
- Guilford County, NC: equally priced homes
- Chowan County, NC: equally priced homes
- Forsyth County, NC: equally priced homes
- Perquimans County, NC: less expensive homes
Counties with Similar Populations
- Walker County, GA: less expensive homes
- Chaves County, NM: less expensive homes
- Clay County, MN: equally priced homes
- Crawford County, AR: less expensive homes
- Haywood County, NC: equally priced homes
- Tehama County, CA: higher priced homes
- Troup County, GA: less expensive homes
- Union County, OH: higher priced homes
- Valencia County, NM: less expensive homes
- Van Zandt County, TX: less expensive homes
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