Rent in Franklin County, NY at a glance
2-bedroom rent (HUD)
$1,044$12,528 a year · HUD fiscal year 2026From October 1, 2026: $1,014 (−2.9%)How much rent can you afford in Franklin County, NY?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Franklin County, NY by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $720 | $8,640 | $28,800 | $13.85/hr |
| 1 bedroom | $862 | $10,344 | $34,480 | $16.58/hr |
| 2 bedroomsMost searched | $1,044 | $12,528 | $41,760 | $20.08/hr |
| 3 bedrooms | $1,299 | $15,588 | $51,960 | $24.98/hr |
| 4 bedrooms | $1,489 | $17,868 | $59,560 | $28.63/hr |
Cost of living in Franklin County, NY: income, prices and a budget →
Living and working in Franklin County, NY
Rent in Franklin County, NY: common questions
How much is rent going down in Franklin County, NY in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,014 for a two-bedroom, down 2.9% from $1,044. A one-bedroom goes from $862 to $860, a studio from $720 to $706.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Franklin County, NY?
HUD's Fair Market Rent for 2026 is $862 for a one-bedroom and $1,044 for a two-bedroom, utilities included. That is $12,528 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Franklin County, NY?
To keep a $1,044 two-bedroom at 30% of gross pay, one full-time worker needs $20.08 an hour, or $41,760 a year. A one-bedroom at $862 takes $16.58 an hour.
How much is a 1, 2 or 3-bedroom apartment in Franklin County, NY?
At HUD's 2026 Fair Market Rent: studio $720, one bedroom $862, two $1,044, three $1,299 and four $1,489 a month.
Is rent affordable in Franklin County, NY?
For the typical household, earning $65,151 a year ($5,429 a month, Census ACS), a two-bedroom at $1,044 takes 19.2% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,044 × 12) ÷ 0.30 = $41,760. Divided by 2,080 working hours, that is $20.08 an hour.