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New Franklin, MO Home Values and Rents
The typical home value in New Franklin is $193,193, 237th highest of 373 cities and towns in Missouri. Median rent is $679 a month.
- Typical home value
- $193,193
- 237th of 373 in MO
- Median rent
- $679/mo
- ACS 2020-2024
- Price change, 1 year
- +1.4%
- Sep 2026
- Homeownership
- 67.8%
- MO: 68.1%
Home sale prices in the Columbia, MO area
Zillow median sale price, Sep 2026
$335,852+11.9% from a year earlier
Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.
Typical home value in New Franklin
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | New Franklin |
|---|---|
| Sep 2026 | $193,193 |
| Dec 2025 | $197,184 |
| Dec 2024 | $193,927 |
| Dec 2023 | $181,988 |
| Dec 2022 | $179,683 |
| Dec 2021 | $162,054 |
| Dec 2020 | $137,811 |
| Dec 2019 | $121,968 |
| Dec 2018 | $116,195 |
| Dec 2017 | $111,749 |
| Dec 2016 | $107,158 |
| Dec 2015 | $102,667 |
| Dec 2014 | $100,503 |
Over five years, New Franklin prices changed +24.8%.
Source: Zillow Research · Last updated 09/01/2026
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Fair Market Rents, FY2027
HUD rent standard for Howard County, MO HUD Metro FMR Area
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $689 | -4.3% |
| 1 bedroom | $757 | -4.9% |
| 2 bedrooms | $990 | -5.2% |
| 3 bedrooms | $1,180 | -5.8% |
| 4 bedrooms | $1,536 | +11.1% |
Frequently asked questions
- What is the typical home value in New Franklin, MO?
- The typical home value in New Franklin is $193,193 (Zillow Home Value Index, Sep 2026). The Missouri median is $230,300.
- How much is rent in New Franklin?
- The median rent in New Franklin is $679 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $990.
- Are home prices going up in New Franklin?
- The typical home value in New Franklin changed +1.4% over one year and +24.8% over five years, as of Sep 2026.
- How does New Franklin compare with the rest of Missouri?
- New Franklin has the 237th highest median home value of 373 cities and towns with 1,000+ residents in Missouri.