The Most Affordable Neighborhoods in Franklin Furnace, OH by Home Value

 

Franklin Furnace, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Franklin Furnace area can be challenging. Home prices in Franklin Furnace are now at a median cost of $138,278, lower than the Ohio average of $181,280.

The average cost of rent is $962/mo in Franklin Furnace, primarily driven by the current value of real estate in the Franklin Furnace area. While nearly 45.23% of residents own their homes outright in Franklin Furnace, 18.39% rent.

Housing affordability isn’t just about home prices, though. The average household income in Franklin Furnace is $4,643 per month. Households that rent pay about 20.72% of their income on rent here. Franklin Furnace's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.


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