What is the rental vacancy rate in Franklin, LA?
The rental vacancy rate in Franklin, LA is 11.1% (±7.4 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.1% (±1.7 points).
550 (±144) homes, 18.9% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Franklin, the rental vacancy rate went from 11.6% in 2015–2019 to 11.1% in 2020–2024 (−0.5 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 11.1% (±7.4 points)
- Homeowner vacancy rate
- 1.1% (±1.7 points)
- Vacant homes
- 550 (±144)
Vacancy in Franklin against St. Mary Parish, its state and the nation
| Franklin | St. Mary Parish | Louisiana | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 11.1% (±7.4 points) | 8.3% (±3.1 points) | 7.8% (±0.4 points) | 5.5% |
| Homeowner vacancy rate | 1.1% (±1.7 points) | 1.0% (±0.8 points) | 1.3% (±0.1 points) | 0.9% |
| Vacant housing units | 550 (±144) | 4,044 (±477) | 304,122 (±5,145) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Franklin, the rental vacancy rate is not measurably different from St. Mary Parish (8.3%).
It is not measurably different from Louisiana (7.8%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Franklin
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Franklin | — | 11.1% (±7.4 points) | — |
| Baldwin | 4.7 mi | 0.0% (±12.1 points) | Not measurably different |
| Charenton | 6.0 mi | 2.2% (±3.1 points) | Lower |
| Jeanerette | 13 mi | 11.4% (±8.1 points) | Not measurably different |
| Patterson | 14 mi | 10.0% (±7.1 points) | Not measurably different |
| Bayou Vista | 16 mi | 0.0% (±9.9 points) | Not measurably different |
| Berwick | 17 mi | 0.0% (±8.4 points) | Not measurably different |
| Morgan City | 20 mi | 12.3% (±7.0 points) | Not measurably different |
| Pierre Part | 22 mi | 0.0% (±41.7 points) | Not measurably different |
Nearby places with a measurably lower figure: Charenton, LA (2.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across St. Mary Parish, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Morgan City | 12.3% (±7.0 points) |
| 2 | Franklin | 11.1% (±7.4 points) |
| 3 | Amelia | 10.8% (±15.4 points) |
| 4 | Patterson | 10.0% (±7.1 points) |
| 5 | Charenton | 2.2% (±3.1 points) |
| 6 (tie) | Baldwin | 0.0% (±12.1 points) |
| 6 (tie) | Bayou Vista | 0.0% (±9.9 points) |
| 6 (tie) | Berwick | 0.0% (±8.4 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Franklin
Is it hard to find a rental in Franklin?
The rental vacancy rate in Franklin, LA is 11.1% (±7.4 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Franklin tighter than it was?
In Franklin, the rental vacancy rate went from 11.6% in 2015–2019 to 11.1% in 2020–2024 (−0.5 percentage points), not a measurable change.
How many homes are vacant in Franklin?
An estimated 550 (±144) housing units, 18.9% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin city, Louisiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Franklin city, Louisiana
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Franklin city, Louisiana (place:27155, in state:22).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Franklin at a glance
- Median rent in Franklin
- Rent by bedrooms in Franklin
- Rent burden in Franklin
- Renters and owners in Franklin
- Income and affordability in Franklin
- Home values in Franklin
- Homeowner costs in Franklin
- Property taxes in Franklin
- Types of homes in Franklin
- Bedrooms in Franklin
- Age of homes in Franklin
- Heating fuel in Franklin
- Commute and cars in Franklin
- Population growth in Franklin
- How long people stay in Franklin
- Crowding and facilities in Franklin
- Louisiana landlord and tenant rules
- Housing across St. Mary Parish
- Louisiana places ranked by rental vacancy rate
- Housing data for every place in Louisiana