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 $253,269, lower than the Virginia average of $323,261.
The average cost of rent is $811/mo in Franklin County, primarily driven by the current value of real estate in the Franklin County area. While nearly 46.29% of residents own their homes outright in Franklin County, 16.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Franklin County is $5,779 per month. Households that rent pay about 14.03% of their income on rent here. Franklin County's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the county.
Nearby Counties
- Floyd County, VA: less expensive homes
- Montgomery County, VA: equally priced homes
- Radford City, VA: less expensive homes
- Pulaski County, VA: less expensive homes
- Wythe County, VA: less expensive homes
- Charlotte County, VA: less expensive homes
- Bland County, VA: less expensive homes
- Lunenburg County, VA: less expensive homes
- Tazewell County, VA: less expensive homes
- Nottoway County, VA: less expensive homes
Counties with Similar Populations
- Washington County, NY: less expensive homes
- Carson City, NV: higher priced homes
- Cherokee County, SC: less expensive homes
- Cherokee County, TX: less expensive homes
- Coffee County, AL: less expensive homes
- Coffee County, TN: less expensive homes
- Colbert County, AL: less expensive homes
- Columbia County, WI: less expensive homes
- Vega Baja Municipio, PR: less expensive homes
- Vermilion Parish, LA: less expensive homes
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