Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Franklin Heights area can be challenging. Home prices in Franklin Heights are now at a median cost of $84,960, lower than the Milwaukee average of $304,601.
The average cost of rent is $1,057/mo in Franklin Heights, primarily driven by the current value of real estate in the Franklin Heights area. In Franklin Heights, 63.09% of households rent, and 76.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Franklin Heights is $3,375 per month. Households that rent pay about 31.32% of their income on rent here. Franklin Heights’s most expensive areas are in the southeastern 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.
Nearby Neighborhoods
- Arlington Heights, Milwaukee, WI: higher priced homes
- Borchert Field, Milwaukee, WI: less expensive homes
- Park West, Milwaukee, WI: equally priced homes
- Roosevelt Grove, Milwaukee, WI: higher priced homes
- Rufus King, Milwaukee, WI: higher priced homes
- North Division, Milwaukee, WI: higher priced homes
- Sherman Park, Milwaukee, WI: higher priced homes
- Sunset Heights, Milwaukee, WI: higher priced homes
- Lincoln Creek, Milwaukee, WI: higher priced homes
- Harambee, Milwaukee, WI: higher priced homes
Neighborhoods with Similar Populations
- San Jose, Jacksonville, FL: higher priced homes
- Coomer Creek, Garland, TX: higher priced homes
- Crest Drive, Eugene, OR: higher priced homes
- Crystal Springs, Jacksonville, FL: higher priced homes
- Foothills, Henderson, NV: higher priced homes
- Hethwood-Prices Fork, Blacksburg, VA: higher priced homes
- Kerns, Portland, OR: higher priced homes
- Laredo Highline, Aurora, CO: higher priced homes
- Lauderdale North Park, North Lauderdale, FL: higher priced homes
- Park Stockdale, Bakersfield, CA: higher priced homes
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