Real Estate Investing in Franklin Square, New York

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1 ZIP codes • Population: 25,618 • Nassau County

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Should you buy in Franklin Square, NY? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (61/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Franklin Square, NY?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.4% 5yr CAGR

1.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $829,265
Avg Monthly Rent $3,700
ZIP Codes 1

Investing in Franklin Square Real Estate

Franklin Square in New York is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Franklin Square is in that category.

The $3,700/mo / $829K relationship in Franklin Square looks lackluster once vacancy and capex are incorporated into underwriting. appears to the realized yield tends to disappoint.

Demographics in Franklin Square show real pressure — median income of $N/AK is soft relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in New York-Newark-Jersey City, NY-NJ-PA

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Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Property managers serving Nassau County

Manage rentals here? List your business →

Bell Realty Management, Inc. is a premier management company for apartment houses, retail, office, mixed-use, and various commercial properties in NYC and Long Island. summary from their website

CommercialSmall multifamily
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Cain Realty Management Corp. is a family-owned and operated industrial and commercial property management company in Plainview, NY. summary from their website

Commercial
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Belvedere Property Management
Town Of Oyster Bay, NY

Boraie Development creates and manages visionary communities in New Jersey's urban centers, focusing on transformative projects. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$829,265
Avg Monthly Rent
$3,700
1% Rule
✗ Below
Landlord Friendly (NY)

ZIP Codes in Franklin Square, NY

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Frequently Asked Questions About Franklin Square, NY

Is Franklin Square, NY a good market for buy-and-hold investors?

Franklin Square, NY scores 3.0/5 for investability. Home values sit at $829K and rents near $3,700/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

How much is rent in Franklin Square, NY?

Average rent in Franklin Square, NY is approximately $3,700/mo per month. Against $829K home values that yields a reasonable rent-to-price ratio.

What type of investing works in Franklin Square, NY?

Most investors in Franklin Square, NY run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

What kind of vacancy should I budget for in Franklin Square, NY?

Expect elevated vacancy in Franklin Square, NY. Rents at $3,700/mo are absorbed by the tenant base without meaningful lag.

What is it like being a landlord in Franklin Square, NY?

Landlord-friendliness in Franklin Square, NY is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.

Community Ratings

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