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These days, finding an affordable place to live in the Franklinville area can be challenging. Home prices in Franklinville are now at a median cost of $365,541, higher than the Illinois average of $300,242.
The average cost of rent is $1,677/mo in Franklinville, primarily driven by the current value of real estate in the Franklinville area. In Franklinville, 14.84% of households rent, and 35.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Franklinville is $10,711 per month. Households that rent pay about 15.66% of their income on rent here. Franklinville’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Woodstock, IL: less expensive homes
- Union, IL: equally priced homes
- Marengo, IL: less expensive homes
- Hartland, IL: equally priced homes
- Ridgefield, IL: equally priced homes
- Bull Valley, IL: less expensive homes
- Lakewood, IL: higher priced homes
- Huntley, IL: equally priced homes
- Greenwood, IL: less expensive homes
- Crystal Lake, IL: less expensive homes
Cities with Similar Populations
- East Middlebury, VT: equally priced homes
- Tuscumbia, MO: less expensive homes
- Flatwoods, MO: less expensive homes
- Fannin, MS: equally priced homes
- Evant, TX: less expensive homes
- Evansville, IL: less expensive homes
- Evansport, OH: less expensive homes
- Ethan, SD: less expensive homes
- Erieville, NY: less expensive homes
- Emerado, ND: less expensive homes
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