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These days, finding an affordable place to live in the Franklinton area can be challenging. Home prices in Franklinton are now at a median cost of $293,933, lower than the North Carolina average of $323,314.
The average cost of rent is $993/mo in Franklinton, primarily driven by the current value of real estate in the Franklinton area. In Franklinton, 18.83% of households rent, and 39.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Franklinton is $5,999 per month. Households that rent pay about 16.56% of their income on rent here. Franklinton’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wilton, NC: equally priced homes
- Youngsville, NC: higher priced homes
- Katesville, NC: equally priced homes
- Kittrell, NC: less expensive homes
- Grissom, NC: higher priced homes
- Fairport, NC: equally priced homes
- Tar River, NC: equally priced homes
- Creedmoor, NC: higher priced homes
- Ingleside, NC: less expensive homes
- Dickerson, NC: less expensive homes
Cities with Similar Populations
- Leeds, AL: less expensive homes
- Sanger, TX: higher priced homes
- San German, PR: less expensive homes
- San Elizario, TX: less expensive homes
- San Antonio, PR: less expensive homes
- Salida, CA: higher priced homes
- Saddle Brook, NJ: higher priced homes
- Ruther Glen, VA: equally priced homes
- Roselle Park, NJ: higher priced homes
- Rosaryville, MD: higher priced homes
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