Franklin, IA Housing Statistics

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A+

37%

Med. Home Val. NAT. AVG.

100%

Rent NAT. AVG.

49%

Owner Occ. NAT. AVG.

Franklin Housing Information

Index	Franklin	Iowa	National
Median home price	$205,869	$240,019	$326,622
Median rent asked	$0	$1,071	$1,444
Avg. people per household	2.2	2.4	2.6
Owner occupied households	94.7%	71.1%	63.6%
Renter occupied households	5.3%	28.9%	36.4%

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Housing Quick Facts

The median home price in Franklin is 37% lower than the national average.
The median rent asked in Franklin is 100% lower than the national average.
The average number of people per household in Franklin is 15% lower than the national average.
The number of owner occupied households in Franklin is 49% higher than the national average.
The number of renter occupied households in Franklin is 85% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Hillsboro, IA	194	$63,955	80%
Farmington, IA	659	$75,027	77%
Revere, MO	36	$89,511	73%
Salem, IA	507	$117,089	64%
Fort Madison, IA	10,650	$148,175	55%
Franklin, IA	178	$205,869	37%

Cities with similar population

	Population	Home Price	National Avg.
Gantt, AL	178	$160,474	51%
Chimney Rock Village, NC	178	$394,299	21%
Ollie, IA	178	$136,019	58%
Oakhurst, TX	178	$0	100%
Volin, SD	178	$153,140	53%
Franklin, IA	178	$205,869	37%

Source: The Franklin, IA housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.