The median home in Franklin Square, New York is valued at $788,270, up 4.7% year over year. Typical monthly rent is $2,900, producing a price-to-rent ratio of 22.7x — well above the national average of 18x. Franklin Square is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: New York-Newark-Jersey City, NY-NJ-PA stress score, crash risk, and 12-month forecast →

Home Value$788,270

+4.7%

Rent$2,900/mo

AFFORDABILITY

Enter your income for Franklin Square.

Income (annual)

Down Payment

$157,654 on $788,270

Out of reach — 84.3% of income

Need $225,686/yr to afford.

PITI$5,266

P/I84.3%

Afford$262K

Gap-$526K

P&I $3,986Tax $1,130Ins $150

Renting $2,366/mo cheaper ($2,900 rent)6.50% 30yr, 20% down, county tax + NY ins. 28% per HUD.

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

Other cities in New York

Compare Franklin Square with other housing markets across New York.

Sagaponack$7210K Water Mill$4535K Bridgehampton$4439K Wainscott$3780K Sands Point$3176K Amagansett$2966K Old Westbury$2853K Quogue$2769K

Full New York-Newark-Jersey City, NY-NJ-PA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the New York-Newark-Jersey City, NY-NJ-PA metro.

View New York-Newark-Jersey City, NY-NJ-PA metro →

FRANKLIN SQUARE, NY