Home Price Key
Affordable
Average
Expensive
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 $114,853, lower than the Pennsylvania average of $222,630.
The average cost of rent is $661/mo in Franklin, primarily driven by the current value of real estate in the Franklin area. While nearly 46.78% of residents own their homes outright in Franklin, 29.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in Franklin is $5,209 per month. Households that rent pay about 12.70% of their income on rent here. Franklin's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Sugarcreek, PA: less expensive homes
- Nicklin, PA: equally priced homes
- Victory Heights, PA: higher priced homes
- Enterprise, PA: equally priced homes
- Pecan, PA: higher priced homes
- Coal City, PA: less expensive homes
- Polk, PA: equally priced homes
- Utica, PA: higher priced homes
- Woodland Heights, PA: equally priced homes
- Seneca, PA: equally priced homes
Cities with Similar Populations
- Lacombe, LA: higher priced homes
- Krum, TX: higher priced homes
- Kula, HI: higher priced homes
- La Center, WA: higher priced homes
- Whitehall, MI: higher priced homes
- La Grange, TX: higher priced homes
- La Joya, TX: less expensive homes
- La Junta, CO: equally priced homes
- La Plata, PR: equally priced homes
- La Trocha, PR: less expensive homes
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