Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Franklin Park area can be challenging. Home prices in Franklin Park are now at a median cost of $328,499, lower than the Austin average of $520,918.
The average cost of rent is $1,683/mo in Franklin Park, primarily driven by the current value of real estate in the Franklin Park area. In Franklin Park, 49.69% of households rent, and 55.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Franklin Park is $6,213 per month. Households that rent pay about 27.08% of their income on rent here. Franklin Park’s most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- McKinney, Austin, TX: higher priced homes
- East Congress, Austin, TX: higher priced homes
- Sweetbriar, Austin, TX: higher priced homes
- West Congress, Austin, TX: higher priced homes
- Parker Lane, Austin, TX: higher priced homes
- Saint Edwards, Austin, TX: higher priced homes
- South Manchaca, Austin, TX: higher priced homes
- Galindo, Austin, TX: higher priced homes
- Garrison Park, Austin, TX: higher priced homes
- Pleasant Valley, Austin, TX: equally priced homes
Neighborhoods with Similar Populations
- Windy Hill, Jacksonville, FL: less expensive homes
- Central Omaha, Omaha, NE: higher priced homes
- Campus Area, Albany, NY: less expensive homes
- Business District, Irvine, CA: higher priced homes
- West of Twin Peaks, San Francisco, CA: higher priced homes
- Bohemian California, Chicago, IL: less expensive homes
- Western Branch South, Chesapeake, VA: higher priced homes
- Bay View, Milwaukee, WI: less expensive homes
- Bay Park, San Diego, CA: higher priced homes
- Westwood, Denver, CO: higher priced homes
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