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

Prices falling — better for buyers.

Affordability

Enter your income for Franklin.

Income (annual)

Down Payment

$47,908 on $239,541

Example: $75,000 household income. Change it above to see your own.

Affordable24.8% of income

Under the 28% guideline.

PITI$1,550

P/I24.8%

Afford$270K

Room+$31K

P&I $1,211Tax $172Ins $167

Buying $40/mo cheaper ($1,590 rent)6.50% 30yr, 20% down, county tax + KY ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Kentucky

Compare Franklin with other housing markets across Kentucky.

Prospect$595K Finchville$481K Goshen$474K Crestwood$467K River Bluff$446K Wilsonville$445K Union$444K Buckner$429K

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Franklin, KY