2026 Affordability Data
Most Affordable Neighborhoods in Franklin village - 2026 Data
The median home value in Franklin village is $710,700, 152% above nat'l avg. Median rent is $3,343/month. We ranked 15 neighborhoods by affordability to help you find the best value in the Franklin village, MI area.
Key Takeaways: Affordability in Franklin village
- 1The most affordable neighborhood in Franklin village is Taylor, with a median home value of $132,300.
- 2Franklin village's median home value is $710,700, 152% above nat'l avg (national: $281,900).
- 3Median rent in Franklin village is $3,343/month, 187% above nat'l avg (national: $1,163/month).
- 4We analyzed 15 neighborhoods in Franklin village to find the most affordable areas based on home values, rent, and affordability index.
Franklin village Affordability Overview
Median Home Value
$710,700
152% above nat'l avg
Median Rent
$3,343/mo
187% above nat'l avg
Median Income
$178,167
139% above nat'l avg
Affordability Index
N/A
Most Affordable Neighborhoods in Franklin village (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | TaylorMI | $132,300 |
| 2 | Dearborn HeightsMI | $161,200 |
| 3 | Sault Ste. MarieMI | $114,700 |
| 4 | LivoniaMI | $249,000 |
| 5 | MelvindaleMI | $95,900 |
| 6 | KalamazooMI | $152,700 |
| 7 | Hazel ParkMI | $129,300 |
| 8 | Sterling HeightsMI | $243,400 |
| 9 | Harper WoodsMI | $134,900 |
| 10 | LansingMI | $112,200 |
| 11 | WyomingMI | $180,300 |
| 12 | BirminghamMI | $679,700 |
| 13 | Garden CityMI | $152,800 |
| 14 | WarrenMI | $169,300 |
| 15 | EscanabaMI | $104,200 |
Detailed Neighborhood Profiles
Home Value: $132,300
Rent: $870/mo
Affordability: 188
Population: 62,937
Walk Score: 0/100
Home Value: $161,200
Rent: $870/mo
Affordability: 188
Population: 62,474
Walk Score: 0/100
Home Value: $114,700
Rent: $870/mo
Affordability: 188
Population: 13,409
Walk Score: 0/100
4
Home Value: $249,000
Rent: $870/mo
Affordability: 188
Population: 94,928
Walk Score: 0/100
5
Home Value: $95,900
Rent: $870/mo
Affordability: 188
Population: 12,639
Walk Score: 0/100
6
Home Value: $152,700
Rent: $870/mo
Affordability: 188
Population: 73,342
Walk Score: 0/100
7
Home Value: $129,300
Rent: $870/mo
Affordability: 188
Population: 15,065
Walk Score: 0/100
8
Home Value: $243,400
Rent: $870/mo
Affordability: 188
Population: 133,744
Walk Score: 0/100
9
Home Value: $134,900
Rent: $870/mo
Affordability: 188
Population: 15,296
Walk Score: 0/100
10
Home Value: $112,200
Rent: $870/mo
Affordability: 188
Population: 112,986
Walk Score: 0/100
11
Home Value: $180,300
Rent: $870/mo
Affordability: 188
Population: 76,732
Walk Score: 0/100
12
Home Value: $679,700
Rent: $870/mo
Affordability: 188
Population: 21,738
Walk Score: 0/100
13
Home Value: $152,800
Rent: $870/mo
Affordability: 188
Population: 27,203
Walk Score: 0/100
14
Home Value: $169,300
Rent: $870/mo
Affordability: 188
Population: 138,588
Walk Score: 0/100
15
Home Value: $104,200
Rent: $870/mo
Affordability: 188
Population: 12,403
Walk Score: 0/100
Frequently Asked Questions About Affordability in Franklin village
What is the most affordable neighborhood in Franklin village, MI?▾
Based on 2026 data, Taylor is the most affordable neighborhood in Franklin village with a median home value of $132,300. Kurby analyzed 15 neighborhoods in the Franklin village area to compile these rankings.
What is the median home price in Franklin village, MI?▾
The median home price in Franklin village is $710,700, which is 152% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
What is the average rent in Franklin village, MI?▾
The median monthly rent in Franklin village is $3,343. This is 187% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Franklin village?▾
The median household income in Franklin village is $178,167 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 village are below the national average home price?▾
14 out of 15 ranked neighborhoods in Franklin village have a median home value below the national average of $281,900. The most affordable is Taylor at $132,300 (Source: Kurby, 2026).