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These days, finding an affordable place to live in the Franklin Town area can be challenging. Home prices in Franklin Town are now at a median cost of $624,098, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,888/mo in Franklin Town, primarily driven by the current value of real estate in the Franklin Town area. In Franklin Town, 21.83% of households rent, and 26.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Franklin Town is $12,742 per month. Households that rent pay about 14.82% of their income on rent here. Franklin Town’s most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wrentham, MA: equally priced homes
- Bellingham, MA: less expensive homes
- Norfolk, MA: higher priced homes
- Medway, MA: equally priced homes
- Millis, MA: equally priced homes
- West Foxboro, MA: equally priced homes
- South Walpole, MA: equally priced homes
- Plainville, MA: less expensive homes
- Hopedale, MA: less expensive homes
- Milford, MA: less expensive homes
Cities with Similar Populations
- Ashland, KY: less expensive homes
- Baldwinsville, NY: less expensive homes
- Orangevale, CA: less expensive homes
- Ruskin, FL: less expensive homes
- Rosemount, MN: less expensive homes
- Romulus, MI: less expensive homes
- Rockford, MI: less expensive homes
- Rochester, NH: less expensive homes
- Reidsville, NC: less expensive homes
- Quebradillas, PR: less expensive homes
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