Real Estate in Franklin, TN
Ready to move to Franklin, TN? Click below to learn more about recent housing trends, average home values and other real estate insights for the Nashville-Davidson--Murfreesboro--Franklin, TN Metro Area area .
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Real Estate Overview
So you want to move to Franklin, TN, but aren’t sure if you can afford the housing costs? Here’s what you need to know: The median home price in Franklin is $321,400, while the median rent for a one bedroom apartment is $1143 . The median salary in Franklin, TN, is $85,671, and depending on how yours compares, it should help you determine which housing option is best for you.
Property Values in Franklin, TN
|$1,000,000 or More||1.3%|
|$50k to $99k||1.2%|
|$100k to $149k||5.6%|
|$200k to $299k||27.2%|
|$300k to $499k||42.8%|
|$500k to $999k||12%|
|Less than $50k||2.6%|
Monthly Rent in Franklin, TN
Property Tax (with Mortgage) in Franklin, TN
|$1.5k to $2k||25.4%|
|$1k to $1.5k||21.4%|
|$2.5k to $3k||13.8%|
|$2k to $2.5k||22.8%|
|Property Tax $3k or more||9.7%|
|$500 to $999||6.4%|
Property Tax (without Mortgage) in Franklin, TN
|$1k or More||1.9%|
|$250 to $399||19.3%|
|$400 to $599||45.3%|
|$600 to $799||20.9%|
|$800 to $999||5.9%|
|Less than $250||6.5%|
|Property Tax Less $0.5k||0.6%|