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Affordable
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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 $165,118, lower than the Ohio average of $236,816.
The average cost of rent is $833/mo in Franklin Furnace, primarily driven by the current value of real estate in the Franklin Furnace area. In Franklin Furnace, 21.53% of households rent, and 55.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Franklin Furnace is $5,061 per month. Households that rent pay about 16.46% of their income on rent here. Franklin Furnace’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ohio Furnace, OH: equally priced homes
- Haverhill, OH: equally priced homes
- Garden City, OH: higher priced homes
- Powellsville, OH: equally priced homes
- Greenup, KY: less expensive homes
- Lawco, OH: less expensive homes
- Maloneton, KY: less expensive homes
- Buckhorn, OH: higher priced homes
- Siloam, KY: equally priced homes
- Wurtland, KY: less expensive homes
Cities with Similar Populations
- Nahant, MA: higher priced homes
- Necedah, WI: equally priced homes
- Luttrell, TN: higher priced homes
- Beloit, KS: less expensive homes
- Dennison, OH: less expensive homes
- La Villa, TX: less expensive homes
- Asbury, NJ: higher priced homes
- Fairfield, PA: higher priced homes
- Essington, PA: higher priced homes
- Brownsboro, AL: higher priced homes
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