Cost of Living in Franklin County, New York
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Franklin County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Franklin County, New York
Franklin County's rental sweet spot
Franklin County residents spend just 15.4% of their income on rent, well below the national norm and even better than New York's state average of 17.6%. With a median household income of $63,747 and median rent of $819 monthly, the county offers genuine affordability for renters compared to most of America.
Among New York's most affordable
Franklin County ranks among the state's most livable counties on the housing affordability scale, significantly outperforming New York's median rent of $1,133. The county's $819 median rent and favorable rent-to-income ratio position it as an accessible option within a state where housing costs typically demand a larger share of household earnings.
Upstate advantage over neighbors
Franklin County's $819 rent undercuts nearby Fulton County ($883) and matches Hamilton County's value while costing substantially less than Greene County ($993). When paired with Franklin's 15.4% rent-to-income ratio, the county emerges as the region's most balanced option for renters.
Rent and income align here
A Franklin County renter earning the median $63,747 annually spends $819 monthly on rent, leaving roughly 85% of income for other expenses. For homebuyers, the median monthly owner cost of $838 and median home value of $128,600 provide comparable affordability, making the county competitive across both rental and ownership markets.
Consider Franklin for affordability
If you're weighing upstate relocation, Franklin County delivers one of New York's best rent-to-income ratios at 15.4%, significantly undercutting state and national averages. The county's median home value of $128,600 and accessible rental market make it worth serious consideration for anyone prioritizing housing affordability.
Affordability Calculator
See how your income compares to housing costs in Franklin County
Rent Burden
15.4%
of gross income
Max Housing (28% Rule)
$1,487
per month
Owner Cost Burden
15.8%
of gross income
You can likely afford the median home in Franklin County
Median home value is $128,600. Estimated monthly cost: $1,027 vs. your max of $1,487.
Rent Affordability Guide
Frequently Asked Questions
What is the cost of living in Franklin County, New York?
What is the median rent in Franklin County?
Is Franklin County affordable?
How does Franklin County's rent compare to the state average?
What is the median home value in Franklin County?
Planning a Move?
Researching the cost of living in Franklin County, New York? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCounties with Similar Housing Costs
Compare Mortgage Rates in Franklin County
Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.