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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 $261,475, lower than the Texas average of $322,096.
The average cost of rent is $909/mo in Franklin County, primarily driven by the current value of real estate in the Franklin County area. In Franklin County, 17.96% of households rent, and 51.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Franklin County is $6,208 per month. Households that rent pay about 14.64% of their income on rent here. Franklin County’s most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Titus County, TX: less expensive homes
- Hopkins County, TX: less expensive homes
- Morris County, TX: less expensive homes
- Hunt County, TX: equally priced homes
- Cass County, TX: less expensive homes
- Collin County, TX: higher priced homes
- Lafayette County, AR: less expensive homes
- Denton County, TX: higher priced homes
- Columbia County, AR: less expensive homes
- Wise County, TX: higher priced homes
Counties with Similar Populations
- Moffat County, CO: higher priced homes
- Morgan County, UT: higher priced homes
- Morgan County, KY: less expensive homes
- Mora County, NM: less expensive homes
- Moore County, TN: higher priced homes
- Montmorency County, MI: less expensive homes
- Monroe County, OH: less expensive homes
- Monroe County, AL: less expensive homes
- Monona County, IA: less expensive homes
- Mono County, CA: higher priced homes
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