Housing in Franklin, NE

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

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$131,399

Franklin vs Similar Cities

Source: Census ACS / Redfin (2023)

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

Median Home Value

18th%ilemost expensive$93,800show rank

Median Rent

3rd%ilemost expensive rent$492show rank

Rent Burden

7th%ilehighest rent burden11.5%show rank

Census Housing Data

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

Median Home Value

$93,800

Median Rent

$492

Total Housing Units

531

Vacancy Rate

15.6%

Owner Occupied

81.7%

Renter Occupied

18.3%

Median Property Tax

$1,020

per year

Monthly Cost (w/ Mortgage)

$524

Housing Types

Single Family

90.6%

Multi-Family

7.5%

Mobile Home

1.9%

The median home value in Franklin, NE is $93,800. According to Zillow, the home value index for Franklin is $131,399. The median rent is $492 per month (Census ACS). About 81.7% of housing units are owner-occupied. The median year homes were built is 1947. There are 531 total housing units.