Similar to other places in this area, it is substantially less expensive compared to the entire country. However compared to the city of Syracuse, it's somewhat less expensive.
Home prices
The median home in Frankfort is valued at $85,400. This is is very similar compared to nearby areas.It is about $132,100 (60%) lower in comparison to the entire nation, and it is about $9,000 (9%) lower in comparison to the city of Syracuse.
Rents
In Frankfort the median rent is $662 a month. It is approximately $23 (3%) higher in comparison to its surrounding areas.It is approximately $400 (37%) lower compared to the entire country, and it is roughly $152 (18%) lower in comparison to the city of Syracuse.
Nearby places
Ilion
Ilion is roughly 2 miles southeast of Frankfort. Real estate prices there are fairly similar. Ilion's median home value is $81,900, which comes out to $3,500 (4%) lower than Frankfort. Its rents are somewhat less expensive. Ilion's median rent is $623 a month, which is $39 (6%) lower than Frankfort.
Mohawk
Mohawk is about 3 miles southeast from Frankfort. Real estate prices there are somewhat less expensive. The median home in Mohawk costs $79,300, which comes out to $6,100 (7%) lower than Frankfort. Rents there are somewhat less expensive. The median monthly rent in Mohawk is $600, which is $62 (10%) lower than Frankfort.
Herkimer
Herkimer is about 3 miles east from Frankfort. Its real estate prices are somewhat less expensive. Herkimer's median home price is $78,000, which comes out to $7,400 (9%) lower than Frankfort. Rents there are a bit more expensive. Herkimer's median rent is $698 per month, which works out to $36 (5%) higher than Frankfort.
Utica
Utica is about 7 miles northwest of Frankfort. Its housing prices are somewhat more expensive. The median home in Utica costs $95,900, which comes out to $10,500 (10%) higher than Frankfort. The rent there is a little more expensive. The median monthly rent in Utica is $725, which comes out to $63 (8%) higher than Frankfort.
Middleville
Middleville is roughly 7 miles northeast of Frankfort. Housing prices there are fairly similar. Middleville's median home cost is $87,800, which comes out to $2,400 (2%) higher than Frankfort. Rent there is a little less expensive. The median rent in Middleville is $550 per month, which is $112 (20%) lower than Frankfort.
