2026 Affordability Data
Most Affordable Neighborhoods in New Franklin - 2026 Data
The median home value in New Franklin is $185,000, 34% below nat'l avg. Median rent is $888/month. With an affordability index of 135, New Franklin is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the New Franklin, OH area.
Key Takeaways: Affordability in New Franklin
- 1The most affordable neighborhood in New Franklin is Cincinnati, with a median home value of $170,000.
- 2New Franklin's median home value is $185,000, 34% below nat'l avg (national: $281,900).
- 3New Franklin's affordability index is 135 (baseline 100), making it more affordable than the national average.
- 4Median rent in New Franklin is $888/month, 24% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in New Franklin to find the most affordable areas based on home values, rent, and affordability index.
New Franklin Affordability Overview
Median Home Value
$185,000
34% below nat'l avg
Median Rent
$888/mo
24% below nat'l avg
Median Income
$87,032
17% above nat'l avg
Affordability Index
135
35% above nat'l avg
Most Affordable Neighborhoods in New Franklin (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | CincinnatiOH | $170,000 |
| 2 | NewarkOH | $162,300 |
| 3 | MonroeOH | $242,000 |
| 4 | LorainOH | $115,200 |
| 5 | HamiltonOH | $141,300 |
| 6 | SalemOH | $113,700 |
| 7 | BeachwoodOH | $362,500 |
| 8 | Mount VernonOH | $149,200 |
| 9 | AkronOH | $99,700 |
| 10 | CantonOH | $86,200 |
| 11 | WickliffeOH | $146,600 |
| 12 | CirclevilleOH | $157,900 |
| 13 | East ClevelandOH | $71,800 |
| 14 | ClevelandOH | $87,400 |
| 15 | EuclidOH | $105,000 |
Detailed Neighborhood Profiles
Home Value: $170,000
Rent: $1,554/mo
Affordability: 155
Population: 309,317
Walk Score: 98/100
Home Value: $162,300
Rent: $888/mo
Affordability: 135
Population: 50,062
Walk Score: 0/100
Home Value: $242,000
Rent: $888/mo
Affordability: 135
Population: 15,202
Walk Score: 0/100
4
Home Value: $115,200
Rent: $888/mo
Affordability: 135
Population: 65,138
Walk Score: 0/100
5
Home Value: $141,300
Rent: $888/mo
Affordability: 135
Population: 63,149
Walk Score: 0/100
6
Home Value: $113,700
Rent: $888/mo
Affordability: 135
Population: 11,861
Walk Score: 0/100
7
Home Value: $362,500
Rent: $888/mo
Affordability: 135
Population: 13,846
Walk Score: 0/100
8
Home Value: $149,200
Rent: $888/mo
Affordability: 135
Population: 16,861
Walk Score: 0/100
9
Home Value: $99,700
Rent: $888/mo
Affordability: 135
Population: 190,273
Walk Score: 0/100
10
Home Value: $86,200
Rent: $888/mo
Affordability: 135
Population: 70,589
Walk Score: 0/100
11
Home Value: $146,600
Rent: $888/mo
Affordability: 135
Population: 12,661
Walk Score: 0/100
12
Home Value: $157,900
Rent: $888/mo
Affordability: 135
Population: 14,017
Walk Score: 0/100
13
Home Value: $71,800
Rent: $888/mo
Affordability: 135
Population: 13,926
Walk Score: 0/100
14
Home Value: $87,400
Rent: $888/mo
Affordability: 135
Population: 370,365
Walk Score: 0/100
15
Home Value: $105,000
Rent: $888/mo
Affordability: 135
Population: 49,279
Walk Score: 0/100
Frequently Asked Questions About Affordability in New Franklin
What is the most affordable neighborhood in New Franklin, OH?▾
Based on 2026 data, Cincinnati is the most affordable neighborhood in New Franklin with a median home value of $170,000. Kurby analyzed 15 neighborhoods in the New Franklin area to compile these rankings.
What is the median home price in New Franklin, OH?▾
The median home price in New Franklin is $185,000, which is 34% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is New Franklin affordable compared to the national average?▾
New Franklin has an affordability index of 135, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in New Franklin, OH?▾
The median monthly rent in New Franklin is $888. This is 24% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in New Franklin?▾
The median household income in New Franklin is $87,032 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 New Franklin are below the national average home price?▾
14 out of 15 ranked neighborhoods in New Franklin have a median home value below the national average of $281,900. The most affordable is Cincinnati at $170,000 (Source: Kurby, 2026).