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 $133,658, lower than the West Virginia average of $138,399.
The average cost of rent is $692/mo in Franklin, primarily driven by the current value of real estate in the Franklin area. While nearly 56.16% of residents own their homes outright in Franklin, 13.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in Franklin is $4,514 per month. Households that rent pay about 15.32% of their income on rent here. Franklin's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Entry, WV: less expensive homes
- Mitchell, WV: higher priced homes
- Onego, WV: higher priced homes
- Ruddle, WV: higher priced homes
- Brandywine, WV: higher priced homes
- Zigler, WV: higher priced homes
- Propstburg, WV: higher priced homes
- Oak Flat, WV: equally priced homes
- Deer Run, WV: higher priced homes
- Riverton, WV: less expensive homes
Cities with Similar Populations
- Egypt, NY: higher priced homes
- Tabor, SD: less expensive homes
- Spearsville, LA: less expensive homes
- Silver Lake, NH: higher priced homes
- Georgetown, CO: higher priced homes
- Fruithurst, AL: less expensive homes
- Fort McDowell, AZ: higher priced homes
- Fleming, CO: higher priced homes
- Falls Village, CT: higher priced homes
- Eureka, TX: equally priced homes
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