
Home Price Key
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 $186,340, lower than the New York average of $481,023.
The average cost of rent is $859/mo in Franklin Falls, primarily driven by the current value of real estate in the Franklin Falls area. While nearly 36.39% of residents own their homes outright in Franklin Falls, 15.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Franklin Falls is $5,926 per month. Households that rent pay about 14.50% of their income on rent here. Franklin Falls's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Bloomingdale, NY: equally priced homes
- Vermontville, NY: equally priced homes
- Union Falls, NY: less expensive homes
- Whiteface, NY: higher priced homes
- Sugarbush, NY: equally priced homes
- Gabriels, NY: equally priced homes
- Rainbow Lake, NY: equally priced homes
- Wilmington, NY: higher priced homes
- Saranac Lake, NY: equally priced homes
- Lake Placid, NY: higher priced homes
Cities with Similar Populations
- Rumford Corner, ME: less expensive homes
- Mangum, NC: less expensive homes
- Maple Grove, OH: less expensive homes
- Maple View, WV: less expensive homes
- Rosecrans, PA: equally priced homes
- Roseland, MN: less expensive homes
- Rossland, KY: less expensive homes
- Rowe, VA: less expensive homes
- Ruble, IA: equally priced homes
- Ruby Corner, NY: less expensive homes
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