Home prices
Franklin's median home cost is $134,500. It is roughly $59,160 (30%) lower compared to its surrounding areas.It is approximately $83,000 (38%) lower compared to the US as a whole, and it is about $180,000 (57%) lower in comparison to the city of Salt Lake City.
Rents
The median monthly rent in Franklin is $829. In comparison to other places in this area this is roughly $61 (6%) lower.In comparison to the rest of the country it is approximately $233 (21%) lower, and is about $156 (15%) lower in comparison to the city of Salt Lake City.
Nearby places
Lewiston
Lewiston is approximately 4 miles southwest of Franklin. Its housing prices are a bit more expensive. Lewiston's median home value is $185,900, which works out to $51,400 (27%) higher than Franklin. Its rents are similar. In Lewiston the median monthly rent is $850, which is $21 (2%) higher than Franklin.
Richmond
Richmond is roughly 5 miles south of Franklin. Its housing prices are significantly more expensive. Richmond's median home cost is $212,100, which is $77,600 (36%) higher than Franklin. Rents there are pretty similar. Richmond's median monthly rent is $797, which comes out to $32 (4%) lower than Franklin.
Preston
Preston is about 6 miles northwest from Franklin. Housing prices there are a bit more expensive. Preston's median home price is $168,100, which works out to $33,600 (19%) higher than Franklin. Its rents are a little less expensive. The median monthly rent in Preston is $657, which is $172 (26%) lower than Franklin.
Cornish
Cornish is about 7 miles west from Franklin. The housing prices there are somewhat more expensive. The median home in Cornish is valued at $188,200, which works out to $53,700 (28%) higher than Franklin. The rent there is a lot more expensive. Cornish's median rent is $1,325 per month, which is $496 (37%) higher than Franklin.
Weston
Weston is approximately 7 miles west from Franklin. Real estate prices there are significantly more expensive. The median home in Weston is valued at $214,000, which is $79,500 (37%) higher than Franklin. The rent there is similar. The median rent in Weston is $823 per month, which is very similar to Franklin.
