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Housing in Frankfort

A typical Frankfort home is worth roughly $231,000

Typical home value
$231K
WI $340K
Estimate
2-bedroom rent
$1,040
a month, utilities in · HUD
Median tax bill
$2,500
WI $3,792

What kind of housing town is Frankfort?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 2.6 years of income

Less than across Wisconsin (4.4 years). Try your own numbers below.

You could afford about
$334,000
Typical Frankfort home $231K

That covers a typical Frankfort home, with $103K to spare.

The typical home, each month
$1,420
Loan $1,150Tax $210Insurance $70

A two-bedroom rents for about $1,040 a month here, $380 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Frankfort’s typical property tax (1.08% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

93% of Frankfort households own their home

Half of Frankfort’s homes were built before 1983.

Owners and renters
Own 93%Rent 7%

Wisconsin: 68% own.

1983
typical home built · WI 1975
$2,500
median property tax bill · WI $3,792
1.08%
of a home’s value, a year in tax · WI 1.42%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,040

Renters already here pay a median of $513, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$720
1 bedroom$810
2 bedrooms$1,040
3 bedrooms$1,360
4 bedrooms$1,400
7%
of households rent · WI 32%
7
renter households
$513
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Wausau, WI MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Frankfort vs. its neighbors

Frankfort is the 3rd least expensive of 5 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Frankfort$231K*—$1,040—$87,500
Hull$214K*—$1,000—$77,344
Johnson$187K*—$1,0001$74,800
Wien$249K*—$1,000—$92,000
Eau Pleine$266K*—$1,240—$71,128

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Frankfort buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Frankfort still affordable for young families?

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Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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