Housing & Real Estate — Franklin, Tennessee
Overview
| Total Housing Units | 34,971 |
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| Occupied | 33,158 |
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| Vacant | 1,813 |
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| Owner-Occupied | 21,318 |
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| Renter-Occupied | 11,840 |
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| Median Home Value (Census) | $705,400 |
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| Estimated 2026 | ~$864,000 |
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| Median Rent | $1,861/mo |
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| Median Property Tax | $3,011/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | expensive |
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| Rent as % of Income | 18.7% |
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| Severely Rent-Burdened | 36.8% |
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Housing Age
| Built 2010 or later | 11,671 |
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| Built 2000-2009 | 7,721 |
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| Built 1990-1999 | 8,361 |
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| Built before 1960 | 1,752 |
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| Median Year Built | 2000 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
