2026 Affordability Data
Most Affordable Neighborhoods in Franklin - 2026 Data
The median home value in Franklin is $164,900, 42% below nat'l avg. Median rent is $824/month. We ranked 15 neighborhoods by affordability to help you find the best value in the Franklin, NC area.
Key Takeaways: Affordability in Franklin
- 1The most affordable neighborhood in Franklin is Gibsonville, with a median home value of $251,600.
- 2Franklin's median home value is $164,900, 42% below nat'l avg (national: $281,900).
- 3Median rent in Franklin is $824/month, 29% below nat'l avg (national: $1,163/month).
- 4We analyzed 15 neighborhoods in Franklin to find the most affordable areas based on home values, rent, and affordability index.
Franklin Affordability Overview
Median Home Value
$164,900
42% below nat'l avg
Median Rent
$824/mo
29% below nat'l avg
Median Income
$38,947
48% below nat'l avg
Affordability Index
N/A
Most Affordable Neighborhoods in Franklin (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | GibsonvilleNC | $251,600 |
| 2 | Holly SpringsNC | $449,600 |
| 3 | DavidsonNC | $572,300 |
| 4 | ApexNC | $458,200 |
| 5 | BurlingtonNC | $167,000 |
| 6 | ArchdaleNC | $169,900 |
| 7 | GreenvilleNC | $192,900 |
| 8 | ReidsvilleNC | $141,200 |
| 9 | GastoniaNC | $219,700 |
| 10 | NewtonNC | $146,700 |
| 11 | EdenNC | $104,900 |
| 12 | HuntersvilleNC | $393,200 |
| 13 | KannapolisNC | $213,300 |
| 14 | Rocky MountNC | $137,800 |
| 15 | SmithfieldNC | $192,200 |
Detailed Neighborhood Profiles
Home Value: $251,600
Rent: $668/mo
Affordability: 187
Population: 8,827
Walk Score: 0/100
Home Value: $449,600
Rent: $698/mo
Affordability: 174
Population: 42,023
Walk Score: 0/100
Home Value: $572,300
Rent: $698/mo
Affordability: 174
Population: 15,199
Walk Score: 0/100
4
Home Value: $458,200
Rent: $698/mo
Affordability: 174
Population: 65,541
Walk Score: 0/100
5
Home Value: $167,000
Rent: $698/mo
Affordability: 174
Population: 56,951
Walk Score: 0/100
6
Home Value: $169,900
Rent: $698/mo
Affordability: 174
Population: 11,873
Walk Score: 0/100
7
Home Value: $192,900
Rent: $698/mo
Affordability: 174
Population: 87,894
Walk Score: 0/100
8
Home Value: $141,200
Rent: $698/mo
Affordability: 174
Population: 14,526
Walk Score: 0/100
9
Home Value: $219,700
Rent: $698/mo
Affordability: 174
Population: 80,615
Walk Score: 0/100
10
Home Value: $146,700
Rent: $698/mo
Affordability: 174
Population: 13,173
Walk Score: 0/100
11
Home Value: $104,900
Rent: $698/mo
Affordability: 174
Population: 15,349
Walk Score: 0/100
12
Home Value: $393,200
Rent: $698/mo
Affordability: 174
Population: 61,202
Walk Score: 0/100
13
Home Value: $213,300
Rent: $698/mo
Affordability: 174
Population: 53,314
Walk Score: 0/100
14
Home Value: $137,800
Rent: $698/mo
Affordability: 174
Population: 54,260
Walk Score: 0/100
15
Home Value: $192,200
Rent: $698/mo
Affordability: 174
Population: 11,527
Walk Score: 0/100
Frequently Asked Questions About Affordability in Franklin
What is the most affordable neighborhood in Franklin, NC?▾
Based on 2026 data, Gibsonville is the most affordable neighborhood in Franklin with a median home value of $251,600. Kurby analyzed 15 neighborhoods in the Franklin area to compile these rankings.
What is the median home price in Franklin, NC?▾
The median home price in Franklin is $164,900, which is 42% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
What is the average rent in Franklin, NC?▾
The median monthly rent in Franklin is $824. This is 29% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Franklin?▾
The median household income in Franklin is $38,947 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Franklin are below the national average home price?▾
11 out of 15 ranked neighborhoods in Franklin have a median home value below the national average of $281,900. The most affordable is Gibsonville at $251,600 (Source: Kurby, 2026).