housing costs · Tennessee
Housing costs in Franklin County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $894 | ± $39 | evidence → |
| 2019–2023 | $863 | ± $30 | evidence → |
| 2018–2022 | $828 | ± $46 | evidence → |
| 2017–2021 | $760 | ± $32 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $236,900 | ± $7,988 | evidence → |
| 2019–2023 | $215,700 | ± $9,397 | evidence → |
| 2018–2022 | $192,400 | ± $6,856 | evidence → |
| 2017–2021 | $161,000 | ± $5,052 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 26.1 % | ± 2.5 % | evidence → |
| 2019–2023 | 26.9 % | ± 3.1 % | evidence → |
| 2018–2022 | 26.8 % | ± 3.0 % | evidence → |
| 2017–2021 | 27.8 % | ± 2.2 % | evidence → |
In context
Median rent in Franklin County is $894, above the Tennessee median of $839 across 95 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.