Why Live in Franklin
Franklin, OH, a small city in Warren County, is steeped in Americana, with roots dating back to 1796. Nestled along the Great Miami River, Franklin boasts a population of around 12,000 and serves as the hub for the surrounding Franklin Township. The city is home to one of Ohio’s oldest log post offices, commissioned by Thomas Jefferson, and offers a variety of community events that foster local pride, such as the Franklin Farmers Market and the lively Independence Day parade. Dining options in downtown Franklin include Mom’s Restaurant, Pisanello’s Pizza, and the Franklin Food Truck Park, while nearby Towne Center in Blue Ball provides access to big-box stores like Meijer and ALDI. For entertainment, JD Legends offers beach volleyball, bowling, karaoke, and live music. Housing in Franklin ranges from historic homes near downtown, including turn-of-the-century Victorians, to midcentury ranch-style homes and contemporary subdivisions like Franklin Landing and Sycamore Glen. The CinDay Academy, a highly rated private school, serves kindergarten through eighth grade. Franklin Lions Club Municipal Park features a renovated playground, public pool, and sports facilities, while Franklin Wildcat Stadium hosts local sports events. The city is conveniently located 18 miles from Dayton and 40 miles from Cincinnati via Interstate 75, with Dayton International Airport 30 miles away. The Downtown Franklin Master Plan aims to revitalize the main street and riverfront by 2024, enhancing the city’s future while honoring its historic past.
Frequently Asked Questions
How much does it cost to rent a home in Franklin, OH?
The median rent for a home in Franklin, OH is $1,987 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while single-family homes and condos are currently more expensive.
How much do you need to make to afford rent in Franklin, OH?
To comfortably afford the median rent in Franklin, OH, a household needs to earn roughly $79,480 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,987 per month in Franklin, OH, renters typically need to show $5,961 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Franklin, OH?
In Franklin, OH, the price-to-rent ratio is 11.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
There are currently 1 homes available for rent in Franklin, OH. The median rent is $1,987 per month, with single-family homes renting at $1,863, townhouses at $1,145 and condos at $2,500.
Number of Homes for Rent
1
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Median Single Family Home Rent
$1,863
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Median Townhouse Rent
$1,145
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