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Frequently asked questions

What is the average rent in New Franklin, OH?

The average rent in New Franklin, OH is $1,222.

What type of rental buildings are in New Franklin, OH?

In New Franklin, 12% of the residents are renting compared to 88% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent none of New Franklin's rentals, 38% are small-scale complexes with under 50 units, and 61% are single-family rentals.

What do typical apartment communities look like in New Franklin, OH?

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in New Franklin are about 47 years old, on average. Of these, 6% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 5 stories. About 73% of the rental communities here are low-rise, garden-style communities, 8% are mid-rises, and 19% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

What apartment floorplans are common in New Franklin, OH?

Studio apartments in New Franklin are around 3% of rentals, while 1-bedroom floor plans represent 40% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 43% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.