Expensive
Affordable
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These days, finding an affordable place to live in the Franklin area can be challenging. Home prices in Franklin are now at a median cost of $395,005, lower than the Idaho average of $450,170.
The average cost of rent is $1,288/mo in Franklin, primarily driven by the current value of real estate in the Franklin area. In Franklin, 20.25% of households rent, and 40.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Franklin is $6,745 per month. Households that rent pay about 19.09% of their income on rent here. Franklin’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lewiston, UT: equally priced homes
- Mapleton, ID: equally priced homes
- Whitney, ID: equally priced homes
- Preston, ID: equally priced homes
- Richmond, UT: equally priced homes
- Glendale, ID: equally priced homes
- Cornish, UT: equally priced homes
- Weston, ID: less expensive homes
- Trenton, UT: equally priced homes
- Dayton, ID: less expensive homes
Cities with Similar Populations
- Hamlet, IN: less expensive homes
- Crystal Springs, FL: less expensive homes
- Dorneyville, PA: equally priced homes
- Elbow Lake, MN: less expensive homes
- Elim, GA: less expensive homes
- Fulda, MN: less expensive homes
- Garden City, FL: less expensive homes
- Genola, UT: higher priced homes
- Grand Lake, CO: higher priced homes
- Grayson, LA: less expensive homes
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