Data / Median gross rent (monthly) / Franklin city

Median gross rent (monthly) in Franklin city

Median gross rent (monthly) in Franklin city was $988 in 2024, according to the U.S. Census Bureau. That is down 0.7% from 2023. That is the 79th highest of 133 counties in 2024.

2024, USD988
Change on 2023-0.7%
Rank79th of 133Counties in Virginia ranked
Series high9952023
Series low8512021

Median gross rent (monthly) in Franklin city, 2021 to 2024

CSVChart (SVG)

8509009501,00020212022202320242021: 851 USD2022: 925 USD2023: 995 USD2024: 988 USD
USD. Source: U.S. Census Bureau. Retrieved 2026-10-09, published 2026-01-29.
All 4 values
PeriodUSD
2024988
2023995
2022925
2021851

Compared with Virginia and United States

Place2024
Franklin city988
Virginia1,579
United States1,413

Rankings

Definition

Monthly gross rent of renter-occupied housing units paying cash rent, at the middle of the distribution, in US dollars of the last year of the period. Gross rent is the contract rent plus the estimated cost of utilities and fuels paid by the renter. United States: American Community Survey five-year estimate, where the period shown is the last year of the five-year span.

A median, not an average, of what all renters pay, including long-standing leases, so it is lower than asking rents for new listings. Medians outside the published range are coded 99 (under 100) or 3,501 (3,500 or more) and marked as estimated.

How to cite

U.S. Census Bureau. American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25064.dat. Retrieved 2026-10-09.

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Questions

What is the median gross rent (monthly) in Franklin city?

Median gross rent (monthly) in Franklin city was $988 in 2024, according to the U.S. Census Bureau. That is down 0.7% from 2023. That is the 79th highest of 133 counties in 2024.

Where does this figure come from?

U.S. Census Bureau. American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent. Retrieved by Invokely on 2026-10-09.

What was the highest median gross rent (monthly) in Franklin city?

$995 in 2023, the highest value since 2021 in this series.

More statistics for Franklin city

All statistics for Franklin city