States › California › Franklin

Is Franklin, CA expensive to live in?

OKRent takes 28 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,48315% lower than U.S. average
💵 Families earn per year (2026)$62,871about $5,239/month · 28% lower than U.S. average
🔑 House price$308,2007% lower than U.S. average

Rent is lower than in 59% of U.S. cities. A typical house costs about 4.9 years of household income. Most homes (79%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $59,320 a year. That is $29 an hour at a full-time job.

Is rent cheaper than other California cities?

Yes. Rent here is cheaper than in most of California. It is number 78 of 653 cities from cheapest to most expensive.

Franklin
$1,483
Paradise
$1,224
Magalia
$1,567
Garnet
$2,022
Cottonwood
$1,475
Alta Sierra
$2,390
Sebastopol
$2,017

How much do households earn in Franklin?

Under $25k
12.7%
$25k–50k
28.5%
$50k–100k
30.7%
$100k–150k
10.9%
$150k+
2.9%

Share of households by yearly income. 13.8% of households earn $100,000 or more.

Rent by apartment size in Franklin

SizeFranklinU.S. average
2 bedrooms$1,392$1,509
3 bedrooms$1,400$1,698
4 bedrooms$2,038$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Franklin overall?

Everyday prices in California overall are 11% above the U.S. average (index 110.7, U.S. = 100).

Housing
154
Goods (food, clothes…)
106
Utilities
159
Other services
103
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Franklin, so the California figure is shown.

Taxes and bills in Franklin

🏛️ Property tax$2,129a year · 0.69% of home value · U.S. $3,119
⚡ Electric bill$224a month (typical) · U.S. $156

Life in Franklin

Commute to work23.3 minU.S.: 26.4 min
College degree13.2%U.S.: 35.7%
Own their home79%U.S.: 65.2%
Below poverty line22.9%U.S.: 12.5%
Unemployment6.9%U.S.: 5.2%

Is it cheaper to rent or buy in Franklin?

Renting is cheaper right now: about $655 a month less.

Renting
$1,483
Owning
$2,138

Owning assumes a typical $308,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $30,820 for the down payment.

Frequently asked questions

What is the average rent in Franklin, CA?

Renting in Franklin costs a median of about $1,483 a month in 2026, including utilities. The California median is $2,357.

How much do I need to make to live in Franklin?

To keep rent under 30% of income, you need about $59,320 a year, or $29 an hour at a full-time job.

Is Franklin cheap or expensive?

Franklin is rated OK: rent takes 28.3% of the typical household income of $62,871. It ranks 78th cheapest of 653 California cities we track.

How much are property taxes in Franklin?

The median homeowner in Franklin pays $2,129 a year in property taxes, about 0.69% of the median home value.

Is Franklin more expensive than the national average?

Overall prices in California are 11% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Franklin?

The median home value in Franklin is $308,200, about 4.9 times the typical yearly household income.

7,392 people live in Franklin. Numbers are typical (middle) values.