Franklin, located in south-central Nebraska, is a charming small town known for its friendly community, rich agricultural heritage, and beautiful landscapes. With a commitment to preserving its historical roots while adapting to modern living, Franklin offers a desirable quality of life for families, retirees, and anyone seeking a slower pace. This document explores the best residential areas in Franklin, detailing their unique characteristics, housing options, and average prices.
Table of Contents
Franklin Downtown Historic District
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The Franklin Downtown Historic District is the central hub of the city, filled with quaint shops, local restaurants, and community events. It's perfect for those who appreciate a vibrant, close-knit community atmosphere.
Characteristics of the Franklin Downtown Historic District
* Culture: Rich history, local arts and crafts scene
* Transportation: Walkable area with access to local bus service
* Services: Grocery stores, cafes, banks, parks
* Environment: Community-oriented with a lively atmosphere
Housing Options in the Franklin Downtown Historic District
Historic homes, townhouses, small apartments
Average Home Prices in the Franklin Downtown Historic District
* Buying: $120,000 – $200,000
* Renting: $900 – $1,400/month
South Franklin
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This residential area boasts a variety of family-friendly amenities, parks, and schools. South Franklin is ideal for families seeking spacious homes and a good sense of community.
Characteristics of the South Franklin
* Culture: Family-oriented with community events
* Transportation: Good road connections; car recommended
* Services: Schools, parks, family services
* Environment: Safe and inviting for families
Housing Options in the South Franklin
Single-family homes, townhomes
Average Home Prices in the South Franklin
* Buying: $150,000 – $250,000
* Renting: $1,100 – $1,600/month
Cedar Park
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Cedar Park is a peaceful neighborhood surrounded by nature. Known for its well-maintained parks and walking trails, it’s perfect for outdoor enthusiasts.
Characteristics of the Cedar Park
* Culture: Nature-focused, active lifestyle
* Transportation: Car necessary; bike-friendly avenues
* Services: Parks, trails, limited commercial options
* Environment: Tranquil and outdoor-oriented
Housing Options in the Cedar Park
Larger homes on spacious plots, some newly built
Average Home Prices in the Cedar Park
* Buying: $180,000 – $275,000
* Renting: $1,200 – $1,800/month
North Franklin
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North Franklin offers a mix of residential areas and agricultural land. This region is ideal for those who want to have a bit more space and a rural feel while still being close to town.
Characteristics of the North Franklin
* Culture: Agricultural influences and rural traditions
* Transportation: Mostly car-dependent
* Services: Nearest amenities are a short drive away
* Environment: Quiet and spacious
Housing Options in the North Franklin
Acreage, single-family homes, farms
Average Home Prices in the North Franklin
* Buying: $220,000 – $350,000
* Renting: $1,100 – $1,800/month
Franklin Lakeside
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Lakeside is a picturesque community situated near the local reservoir. Known for its scenic views and relaxing ambiance, it's a popular spot for those who enjoy fishing or recreational boating.
Characteristics of the Franklin Lakeside
* Culture: Recreational and relaxed lifestyle
* Transportation: Car is recommended; close to main roads
* Services: Recreational facilities, limited shopping
* Environment: Serene and picturesque
Housing Options in the Franklin Lakeside
Lakefront homes, single-family houses
Average Home Prices in the Franklin Lakeside
* Buying: $250,000 – $400,000
* Renting: $1,300 – $2,000/month
West Franklin
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West Franklin features newer developments and an emerging population. With planned community facilities, it is becoming increasingly popular among young professionals and families.
Characteristics of the West Franklin
* Culture: Emerging community with a vibrant atmosphere
* Transportation: Good access to main roads; car necessary
* Services: Community centers, schools, shopping areas
* Environment: Modern and family-friendly
Housing Options in the West Franklin
Newly built homes, townhouses
Average Home Prices in the West Franklin
* Buying: $200,000 – $350,000
* Renting: $1,100 – $1,700/month
Frequently Asked Questions About the Best Residential Areas in Franklin:
The best residential areas in Franklin include Franklin Downtown Historic District, South Franklin, Cedar Park, North Franklin, Franklin Lakeside, and West Franklin.
South Franklin is highly recommended for families due to its parks, schools, and community-oriented atmosphere.
The average home price in Franklin ranges from $120,000 to $400,000, varying by neighborhood and housing type.
Yes, Franklin has good public and private schools, particularly within the South Franklin area.
Franklin offers various recreational activities, including parks, walking trails, and access to boating and fishing at Franklin Lakeside.
Public transport options are limited, primarily requiring residents to own a vehicle for commuting.
Yes, Franklin is considered a great place for retirees due to its peaceful ambiance, low cost of living, and community facilities.
The housing market in Franklin is relatively stable, with a range of options from historic homes to new developments.
Franklin Downtown Historic District offers the best access to amenities including shops, restaurants, and services.
Franklin Lakeside is known for its scenic views, recreational opportunities, and connections to nature, making it unique compared to other neighborhoods.
Conclusion on the Best Residential Areas in Franklin:
Franklin, Nebraska, offers a diverse range of residential areas catering to various lifestyles and preferences. From the historical charm of Downtown to the family-friendly environment of South Franklin and the serene nature-oriented vibe of Lakeside, Franklin accommodates everyone, including families, retirees, and young professionals. Residents can enjoy community-centric living, outdoor activities, and easy access to essential services. Those considering a move to Franklin can find suitable housing options that fit their needs and enjoy the advantages of small-town life combined with the comforts of modern living.
About the Author
Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.