The Most Affordable Neighborhoods in Franklin Falls, Franklin, NH by Home Value

 

Franklin Falls, Franklin, NH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Franklin Falls area can be challenging. Home prices in Franklin Falls are now at a median cost of $249,516, lower than the Franklin average of $259,406.

The average cost of rent is $1,151/mo in Franklin Falls, primarily driven by the current value of real estate in the Franklin Falls area. In Franklin Falls, 46.42% of households rent, and 39.69% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Franklin Falls is $5,851 per month. Households that rent pay about 19.68% of their income on rent here. Franklin Falls’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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