Housing & Real Estate — Franklin, Indiana
Overview
| Total Housing Units | 9,924 |
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| Occupied | 9,286 |
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| Vacant | 638 |
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| Owner-Occupied | 6,165 |
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| Renter-Occupied | 3,121 |
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| Median Home Value (Census) | $231,500 |
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| Estimated 2026 | ~$282,000 |
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| Median Rent | $1,127/mo |
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| Median Property Tax | $1,806/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | affordable |
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| Rent as % of Income | 16.4% |
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| Severely Rent-Burdened | 37.4% |
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Housing Age
| Built 2010 or later | 1,282 |
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| Built 2000-2009 | 2,448 |
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| Built 1990-1999 | 2,199 |
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| Built before 1960 | 2,237 |
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| Median Year Built | 1993 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
