Performance indicators for the Franklin short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Franklin.
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Challenging to Investors
STRs are technically legal in Franklin (a third-class city with an STR ordinance), but investors must complete layered, multi-level licensing/registration, obtain safety/electrical/plumbing inspections, and comply with occupancy/noise/parking rules and zoning limits that can restrict many residential areas. The moderate fees and inspections plus uncertain enforcement raise the compliance burden enough to deter smaller operators, placing Franklin in the Challenging tier.
Local STR Agent
STR specialist · Franklin, PA
Franklin is a city in and the county seat of Venango County, Pennsylvania, United States, located at the confluence of French Creek and the Allegheny River. The population was 6,097 in the 2020 census. Franklin is part of the Oil City micropolitan area. Franklin is known for its three-day autumn festival in October, Applefest, which attracts hundreds of thousands of visitors.