Detroit · 10 most populous of 205 neighborhoods

Real estate professionals in Franklin Park, Detroit

Homes in Franklin Park have an estimated median value of $57,000, about 32% below the Detroit median; 45% of occupied homes are owner-occupied.

Housing in Franklin Park at a glance

Population
about 11,345
Housing units
about 6,128
Median value, owner-occupied homes
$57,000Detroit: $83,900 (-32%)
Median gross rent
$1,090 a monthDetroit: $1,074 (+2%)
Owner-occupied homes
44.9%Detroit: 50.3%
Homes built before 1980
96.8%
Median year built
1949

Franklin Park has the lowest owner estimates in Detroit: $57,000, far under the $83,900 for the city overall. Yet rent holds up, since renters pay $1,090, fifth and slightly above Detroit's $1,074. Owner households make 44.9%, eighth in the ranking, below the 50.3% for the city. The sector lies to the west of the centre, and nearly all of its housing, 96.8%, predates 1980, with the typical home built in 1949. Warrendale matches its $57,000 value, though more of its households own at 53.5%. Warren Ave Community is a little higher at $67,000, and Brightmoor reaches $69,000 with rent of only $990. Franklin Park therefore pairs the lowest values with rents that are close to the middle, which is an unusual combination among its neighbours. Its 11,345 residents live in homes that are almost all older than 1980, a trait shared with Warrendale at 96%, yet its owner share is lower than Warrendale's.

Questions about Franklin Park

What is the median home value in Franklin Park, Detroit?

$57,000 for owner-occupied homes, against $83,900 for Detroit as a whole (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary). It is the owners' own estimate of their home's value, not a sale price.

What is the median rent in Franklin Park?

$1,090 a month in gross rent (rent plus utilities paid by the renter), against $1,074 in Detroit (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).

Do most people in Franklin Park own or rent?

Most rent: 44.9% of occupied homes are owner-occupied, against 50.3% in Detroit (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).

Data and method

Data as of: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (retrieved 2026-11-02).

Estimate from the 4 census tracts whose internal point lies within the official boundary: counts are summed, and each median is recomputed from the summed value, rent and year-built brackets (grouped median, linear interpolation). The gap with the city is measured with the same method on the whole city.

Franklin Park is one of the 10 most populous of 205 neighborhoods of Detroit: estimated population about 11,345 (Payotte estimate: Census ACS 2020-2024 populations of the census tracts whose internal point lies inside the boundary; boundaries from City of Detroit Open Data, Current City of Detroit Neighborhoods, consulted 2026-11-02).

Sources: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, tables B01003, B25001, B25003, B25034, B25063, B25064, B25075, B25077; U.S. Census Bureau, 2024 Gazetteer files (census tract internal points). City figures: the same survey, published for Detroit as a whole. Home values are owners' estimates, not sale prices.

Near Franklin Park

The closest sectors of Detroit, by distance between population centres.

Other sectors of Detroit

All of Detroit · Professionals in Michigan · All states

Five trades, one spot each

Payotte lists one professional per trade in Franklin Park. No one is listed yet: every spot is open.

  • Real estate agentOpen spot
  • Mortgage loan officerOpen spot
  • Home inspectorOpen spot
  • Real estate attorneyOpen spot
  • AppraiserOpen spot

Work in one of these trades in Franklin Park? Ask for your spot.