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These days, finding an affordable place to live in the Franktown area can be challenging. Home prices in Franktown are now at a median cost of $892,221, higher than the Colorado average of $579,698.
The average cost of rent is $2,221/mo in Franktown, primarily driven by the current value of real estate in the Franktown area. In Franktown, 5.10% of households rent, and 35.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Franktown is $13,531 per month. Households that rent pay about 16.41% of their income on rent here. Franktown’s most expensive areas are in the central 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
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Cities with Similar Populations
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