Franklin, PA

City

Rent in Franklin

Median Gross Rent

$731

Rent-to-Income Ratio

27.6%

Renter Share

52.5%

Median Renter Income

$34,851

Avg Household Size

1.8

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

No Bedroom: $609
1 Bedroom: $535
2 Bedrooms: $821
3 Bedrooms: $986
4 Bedrooms: $926

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 68.6%
$1,000-$1,500: 16.9%
$1,500-$2,000: 0.7%
$2,000-$2,500: 0.0%
$2,500+: 0.9%
No Cash Rent: 12.9%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 26.0%
20-30% (moderate): 21.8%
30-50% (cost-burdened): 22.5%
50%+ (severely cost-burdened): 15.7%
Not Computed: 13.9%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $85,227
Renter Households: $34,851

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 80.9%
$1,000-$1,500: 5.5%
$1,500-$2,000: 0.3%
$2,000-$2,500: 0.0%
$2,500+: 0.5%
No Cash Rent: 12.9%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in Franklin

Neighborhood

Venango, PA

Hannasville / Galena Hill

Takitezy / Bleakley Hill

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources