Housing & Real Estate — Franklin Park, Illinois

Overview

Total Housing Units6,182
Occupied5,900
Vacant282
Owner-Occupied4,432
Renter-Occupied1,468
Median Home Value (Census)$287,000
Estimated 2026~$356,000
Median Rent$1,103/mo
Median Property Tax$6,561/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income17.3%
Severely Rent-Burdened33.9%

Housing Age

Built 2010 or later92
Built 2000-2009166
Built 1990-1999133
Built before 19603,845
Median Year Built1956
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.