Median Home Value
$198,700
Median Gross Rent
$1,042/mo
Homeownership Rate
72.2%
Rent as Share of Income
16.2%
Vacancy Rate
8.0%
Median Year Built
1975
Home Price Index (FHFA)
Home prices in Franklin County have risen 573% since 1977, per FHFA's index.
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Index value, not a dollar figure — shows relative appreciation over time. Source: Federal Housing Finance Agency.
HUD Fair Market Rent (2026)
Studio
$784
1 Bedroom
$789
2 Bedroom
$1,020
3 Bedroom
$1,223
4 Bedroom
$1,360
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024; HUD Fair Market Rents 2026.