Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Franklin area can be challenging. Home prices in New Franklin are now at a median cost of $134,154, lower than the Missouri average of $194,908.
The average cost of rent is $607/mo in New Franklin, primarily driven by the current value of real estate in the New Franklin area. While nearly 42.82% of residents own their homes outright in New Franklin, 24.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Franklin is $5,247 per month. Households that rent pay about 11.56% of their income on rent here. New Franklin's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Boonville, MO: higher priced homes
- Franklin, MO: equally priced homes
- Windsor Place, MO: higher priced homes
- Overton, MO: higher priced homes
- Fayette, MO: equally priced homes
- Lisbon, MO: equally priced homes
- Lamine, MO: higher priced homes
- Arrow Rock, MO: higher priced homes
- Rocheport, MO: higher priced homes
- Speed, MO: higher priced homes
Cities with Similar Populations
- Stonebluff, OK: higher priced homes
- Church Road, VA: higher priced homes
- Clifford, MI: less expensive homes
- Columbia, AL: less expensive homes
- Cuddebackville, NY: higher priced homes
- Dieterich, IL: higher priced homes
- South Hero, VT: higher priced homes
- South Middleboro, MA: higher priced homes
- Stamps, AR: less expensive homes
- Andover, NY: less expensive homes
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