Housing & Real Estate — New Franklin, Ohio

Overview

Total Housing Units5,912
Occupied5,662
Vacant250
Owner-Occupied4,934
Renter-Occupied728
Median Home Value (Census)$214,300
Estimated 2026~$262,000
Median Rent$1,101/mo
Median Property Tax$3,330/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income14.6%
Severely Rent-Burdened26.5%

Housing Age

Built 2010 or later38
Built 2000-2009289
Built 1990-1999326
Built before 19602,564
Median Year Built1962
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.