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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 $139,106, lower than the New York average of $610,895.
The average cost of rent is $876/mo in Franklin Depot, primarily driven by the current value of real estate in the Franklin Depot area. In Franklin Depot, 7.06% of households rent, and 50.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Franklin Depot is $4,573 per month. Households that rent pay about 19.16% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sidney Center, NY: higher priced homes
- Merrickville, NY: higher priced homes
- Franklin, NY: higher priced homes
- Youngs, NY: equally priced homes
- Ivanhoe, NY: higher priced homes
- Unadilla, NY: equally priced homes
- Wells Bridge, NY: higher priced homes
- Hawleys, NY: higher priced homes
- Leonta, NY: higher priced homes
- Trout Creek, NY: equally priced homes
Cities with Similar Populations
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- Roscoe, MT: higher priced homes
- Rowena, GA: less expensive homes
- Roxana, KY: less expensive homes
- Ruby, WA: higher priced homes
- Rudement, IL: higher priced homes
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