
Home Price Key
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 $167,478, lower than the Maine average of $243,042.
The average cost of rent is $943/mo in Franklin, primarily driven by the current value of real estate in the Franklin area. While nearly 62.80% of residents own their homes outright in Franklin, 15.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Franklin is $4,321 per month. Households that rent pay about 21.83% of their income on rent here. Franklin's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- West Franklin, ME: equally priced homes
- East Franklin, ME: higher priced homes
- Sullivan, ME: higher priced homes
- Hancock, ME: higher priced homes
- Fletchers Landing, ME: equally priced homes
- Waltham, ME: equally priced homes
- Winkumpaugh Corners, ME: equally priced homes
- Sorrento, ME: higher priced homes
- Marlboro, ME: higher priced homes
- Ellsworth, ME: higher priced homes
Cities with Similar Populations
- Brookside Village, TX: higher priced homes
- Shipman, VA: higher priced homes
- Deltaville, VA: higher priced homes
- Senecaville, OH: less expensive homes
- Cunningham, VA: higher priced homes
- Fillmore, NY: less expensive homes
- West Pelzer, SC: less expensive homes
- Wheeler, MI: less expensive homes
- Rayville, MO: higher priced homes
- Buckingham, VA: less expensive homes
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