Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Franklin city, Wisconsin?
City · Census ACS 5-Year estimates
The median gross rent in Franklin city, Wisconsin is $1,458/month (±$118), based on Census ACS 5-Year estimates (2024). The median home value is $364,200 (±$8,512), and the median household income is $106,894/year. The unemployment rate in Milwaukee County, Wisconsin was 4.2% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Franklin city, Wisconsin
| Metric | Value |
|---|---|
| Median Gross Rent | $1,458 |
| Median Home Value | $364,200 |
| Median Household Income | $106,894 |
| Total Housing Units | 14,138 |
| Renter-Occupied Units | 3,215 |
| Renter-Occupied Share | 23% |
| Households Paying 50%+ Income | 968 households |
| Unemployment Rate(April 2026) | 4.2% |
How does Franklin city, Wisconsin compare?
Median gross rent ranked against all cities in Wisconsin.
Higher rent than 96% of cities in Wisconsin · 26th of 682
| # | City | Value |
|---|---|---|
| 1 | Chenequa village | $3,501 |
| 2 | Wind Point village | $2,200 |
| 3 | Mequon city | $2,157 |
| … 22 more … | ||
| 26 | Franklin city(you are here) | $1,458 |
| … 653 more … | ||
| 680 | Orfordville village | $388 |
| 681 | Mercer CDP | $334 |
| 682 | Reserve CDP | $263 |
More data for Franklin city, Wisconsin
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Frequently asked questions
What is the average rent in Franklin city, Wisconsin?
The median gross rent in Franklin city, Wisconsin is $1,458/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Franklin city, Wisconsin?
The median rent for a 2-bedroom in Franklin city, Wisconsin is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Franklin city, Wisconsin?
The median home value in Franklin city, Wisconsin is $364,200 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Franklin city are rent-burdened?
In Franklin city, Wisconsin, 968 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Franklin city, Wisconsin?
The median household income in Franklin city, Wisconsin is $106,894/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,458 has a margin of error of ±$118. In very small areas, MOEs can be large relative to the estimate.
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