Special Interest
Housing in Franklin Parish
Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.
Rent in Franklin Parish averages $721/month for a 2‑bedroom in 2024, compared to the Louisiana median of $1,064 and the national median of $1,413. Local renters spend approximately 23% of household income on rent, below the national average of 32%.
HUD 2026 50th Percentile Rent Estimates for Franklin Parish FMR Area are $601 for a studio, $698 for 1‑bedroom, $834 for 2‑bedroom, $1,067 for 3‑bedroom, and $1,249 for 4‑bedroom.
HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $113 increase for a 2-bedroom in Franklin Parish shows a 16% rise over that period.
The U.S. Bureau of Labor Statistics annual unemployment rate for Franklin Parish was 5.7% in 2024, compared to Louisiana at 4.4% and the national rate of 4.0%.
