Housing in Franklin, KY

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$239,541

Zillow Rent Index

$1,590

Franklin vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Franklin is highlighted.

Median Home Value

48th%ilemost expensive$170,400show rank

Median Rent

58th%ilemost expensive rent$1,034show rank

Rent Burden

73rd%ilehighest rent burden22.3%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$170,400

Median Rent

$1,034

Total Housing Units

3,969

Vacancy Rate

7.7%

Owner Occupied

53.2%

Renter Occupied

46.8%

Median Property Tax

$1,211

per year

Monthly Cost (w/ Mortgage)

$1,017

Housing Types

Single Family

77.0%

Multi-Family

19.7%

Mobile Home

3.4%

The median home value in Franklin, KY is $170,400. According to Zillow, the home value index for Franklin is $239,541. Zillow's observed rent index is $1,590/month. About 53.2% of housing units are owner-occupied. The median year homes were built is 1975. There are 3,969 total housing units.