Housing & Real Estate — Franklin, Illinois

Overview

Total Housing Units236
Occupied208
Vacant28
Owner-Occupied143
Renter-Occupied65
Median Home Value (Census)$116,400
Estimated 2026~$127,000
Median Rent$915/mo
Median Property Tax$1,856/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income14.5%
Severely Rent-Burdened8.5%

Housing Age

Built 2010 or later5
Built 2000-200912
Built 1990-199929
Built before 1960123
Median Year Built1959
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.