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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 $329,562, lower than the New Jersey average of $496,577.
The average cost of rent is $1,614/mo in Franklinville, primarily driven by the current value of real estate in the Franklinville area. In Franklinville, 10.97% of households rent, and 30.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Franklinville is $9,909 per month. Households that rent pay about 16.29% of their income on rent here. Franklinville’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Iona, NJ: less expensive homes
- Clayton, NJ: less expensive homes
- Malaga, NJ: equally priced homes
- Newfield, NJ: less expensive homes
- Victory Lakes, NJ: less expensive homes
- Williamstown, NJ: less expensive homes
- Monroeville, NJ: equally priced homes
- Glassboro, NJ: less expensive homes
- Friendship, NJ: less expensive homes
- Elmer, NJ: less expensive homes
Cities with Similar Populations
- Kingston, WA: higher priced homes
- Jersey Shore, PA: less expensive homes
- Jordan, MN: higher priced homes
- Kaplan, LA: less expensive homes
- Katonah, NY: higher priced homes
- Kempner, TX: less expensive homes
- Kenai, AK: less expensive homes
- Kennedale, TX: higher priced homes
- Keyser, WV: less expensive homes
- Whitehall, PA: equally priced homes
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