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These days, finding an affordable place to live in the West Franklin area can be challenging. Home prices in West Franklin are now at a median cost of $195,229, higher than the Indiana average of $175,617.
The average cost of rent is $744/mo in West Franklin, primarily driven by the current value of real estate in the West Franklin area. While nearly 37.26% of residents own their homes outright in West Franklin, 14.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in West Franklin is $8,721 per month. Households that rent pay about 8.53% of their income on rent here. West Franklin's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Marrs Center, IN: higher priced homes
- Caborn, IN: higher priced homes
- Cypress, IN: less expensive homes
- St. Philip, IN: higher priced homes
- Smith Mills, KY: equally priced homes
- Mount Vernon, IN: less expensive homes
- Geneva, KY: equally priced homes
- Wilson, KY: less expensive homes
- Henderson, KY: less expensive homes
- Farmersville, IN: less expensive homes
Cities with Similar Populations
- Jewell, NY: less expensive homes
- Jacobs, FL: less expensive homes
- Jaketown, MS: less expensive homes
- Jamaica, VA: less expensive homes
- James, SD: equally priced homes
- Jamesburg, IL: less expensive homes
- Jeisyville, IL: less expensive homes
- Jenkins, NJ: higher priced homes
- Jericho, PA: less expensive homes
- Jersey Mills, PA: equally priced homes
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