The Most Affordable Neighborhoods in Franklin Depot, NY by Home Value

 

Franklin Depot, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Franklin Depot area can be challenging. Home prices in Franklin Depot are now at a median cost of $90,354, lower than the New York average of $481,023.

The average cost of rent is $718/mo in Franklin Depot, primarily driven by the current value of real estate in the Franklin Depot area. While nearly 70.50% of residents own their homes outright in Franklin Depot, 6.03% rent.

Housing affordability isn’t just about home prices, though. The average household income in Franklin Depot is $3,929 per month. Households that rent pay about 18.27% of their income on rent here. Franklin Depot's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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