The median home in Franklin, Kentucky is valued at $239,541, down 0.4% year over year. Typical monthly rent is $1,590, producing a price-to-rent ratio of 12.6x — below the national average of 18x.
Home Value$239,541
-0.4%
Rent$1,590/mo
AFFORDABILITYBuying $40/mo cheaper ($1,590 rent)6.50% 30yr, 20% down, county tax + KY ins. 28% per HUD.
Enter your income for Franklin.
$47,908 on $239,541
Affordable — 24.8% of income
Under the 28% guideline.
PITI$1,550
P/I24.8%
Afford$270K
Room+$31K
P&I $1,211Tax $172Ins $167
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Kentucky
Compare Franklin with other housing markets across Kentucky.