Housing & Real Estate — Franklin, Minnesota

Overview

Total Housing Units201
Occupied199
Vacant2
Owner-Occupied167
Renter-Occupied32
Median Home Value (Census)$89,800
Estimated 2026~$103,000
Median Rent$883/mo
Median Property Tax$1,641/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income20.6%
Severely Rent-Burdened51.5%

Housing Age

Built 2010 or later0
Built 2000-20099
Built 1990-19997
Built before 1960122
Median Year Built1963
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.