Is Franklin County, FL good for real estate investing?

Franklin County has an investment score of 37/100, rated as "Avoid". The county ranks #764 nationally among 1000 counties analyzed.

What is the median home price in Franklin?

The median home price in Franklin County is $428,595. This ranks #890 in affordability among all US counties.

Can you cash flow on rental properties in Franklin?

Based on median values with 20% down at current rates, a typical rental in Franklin County would generate positive cash flow of $0/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Franklin County

FloridaPopulation: 12,276

/100

Avoid

#764 of 1,000 counties

#60 in Florida (67 counties)

Analysis by RentalCalcs ResearchIndependent data + algorithm-driven scoring

Updated July 28, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$428,595

Median Home Price

87% above national median

$25,897/mo

Est. Rent

Based on regional data

6.04%

Rent-to-Price Ratio

Estimated from price data

+$0

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Historical data from Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score

37/100

Cash Flow(30%)

0/100

Rent data not available for cash flow calculation.

Appreciation(25%)

27/100

Based on -4.6% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

39/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

No significant strengths identified based on current data.

Challenges

-Declining home values (-4.6% YoY)
-Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
-High price-to-income ratio makes financing challenging
-Limited rent data (estimates used)

Economic Indicators

Population

12,276

Median Income

—

Data pending

Unemployment Rate

—

Data pending

Price-to-Income

—

Data pending

Who this market fits

Skip if

−You can't tolerate negative leverage (cap rate below mortgage rate today)
−You expect appreciation to carry the deal, but prices have declined year over year
−You rely on FHA-style financing: prices are stretched relative to local incomes
−You want a market with broad institutional consensus on fundamentals

Compare to Nearby Counties

County					Verdict
Miami-DadeFL	44	$513,948	$2,798	6.53%	Avoid	View
LevyFL	42	$285,928	Est. pending	—	Avoid	View
HolmesFL	41	$184,808	Est. pending	—	Avoid	View
ManateeFL	41	$409,835	$2,044	5.99%	Avoid	View
CollierFL	40	$547,160	$2,741	6.01%	Avoid	View
CurrentFranklinFL	37	$428,595	Est. pending	—	Avoid

Section 8 in Franklin County: payment standards by ZIP, PHA waitlist status, and voucher counts are on VoucherMatch, the same HUD dataset with the tenant demand side attached.

The Bottom Line

AvoidFranklin may be challenging for traditional rentals. High prices or low rents make cash flow difficult.

Franklin County in Florida scores 37/100, ranking #764 of 1,000 US counties (top 98%). At 20% down and current rates, a median-priced rental roughly breaks even on cash flow. The deal works on appreciation or with better terms, not on month-one cash flow.

Monthly Cash Flow

+$0/mo

Cap Rate

0.0%

Cash-on-Cash

0.0%