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Franklin, LA Home Values and Rents
The typical home value in Franklin is $104,139, 204th highest of 263 cities and towns in Louisiana. Median rent is $814 a month.
- Typical home value
- $104,139
- 204th of 263 in LA
- Median rent
- $814/mo
- ACS 2020-2024
- Price change, 1 year
- -0.8%
- Sep 2026
- Homeownership
- 60.8%
- LA: 67.4%
Typical home value in Franklin
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Franklin |
|---|---|
| Sep 2026 | $104,139 |
| Dec 2025 | $105,202 |
| Dec 2024 | $113,881 |
| Dec 2023 | $117,168 |
| Dec 2022 | $129,398 |
| Dec 2021 | $126,332 |
| Dec 2020 | $133,809 |
| Dec 2019 | $120,230 |
| Dec 2018 | $120,144 |
| Dec 2017 | $126,996 |
| Dec 2016 | $131,619 |
| Dec 2015 | $128,546 |
Over five years, Franklin prices changed -16.4%.
Source: Zillow Research · Last updated 09/01/2026
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Fair Market Rents, FY2027
HUD rent standard for St. Mary Parish, LA
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $757 | +5.6% |
| 1 bedroom | $762 | +5.5% |
| 2 bedrooms | $997 | +5.3% |
| 3 bedrooms | $1,321 | +6.2% |
| 4 bedrooms | $1,633 | +8.0% |
Frequently asked questions
- What is the typical home value in Franklin, LA?
- The typical home value in Franklin is $104,139 (Zillow Home Value Index, Sep 2026). The Louisiana median is $216,500.
- How much is rent in Franklin?
- The median rent in Franklin is $814 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $997.
- Are home prices going up in Franklin?
- The typical home value in Franklin changed -0.8% over one year and -16.4% over five years, as of Sep 2026.
- How does Franklin compare with the rest of Louisiana?
- Franklin has the 204th highest median home value of 263 cities and towns with 1,000+ residents in Louisiana.