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Franklin, MD
Full City Profile · Maryland · Garrett County County
2.9
/5.0
C+
Fair
356
Population
1,271/sq mi density
$14,738
Median Income
$9,718 per capita
$245
Median Rent
19.5% income on rent
53°F
Avg Temperature
293 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$14,738 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
F
Education
1.4 / 5.0
5.0% bachelor's degree or higher
Housing Overview
Median Rent
$245/mo
79% below
US avg: $1,163/mo
Homeownership Rate
39.5%
40% below US avg (65.4%)
Total Housing Units
83
Median year built: 1981
Ownership vs. Renting
39.5%
Owner-Occupied
60.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent:
$245/mo
Affordability & Housing Stock
Rent Burden
19.5%
of renters spending 30%+ of income on housing
37% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
39.5%
Complete Housing Data
Home Values
| Zillow Home Value (ZHVI) | $85,487 |
Rent
| Census Median Rent | $245 |
| FMR Studio | $1,312 |
| FMR 1-Bedroom | $1,400 |
| FMR 2-Bedroom | $1,648 |
| FMR 3-Bedroom | $2,123 |
| FMR 4-Bedroom | $2,442 |
Market
Ownership & Stock
| Owner-Occupied | 39.5% |
| Renter-Occupied | 60.5% |
| Homeownership Rate | 39.5% |
| Total Housing Units | 83 |
| Median Year Built | 1981 |
| Rent Burden | 19.5% |