Franklin, LA
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Franklin short-term rental market based on reliable data.
Listings
12 / 34
Reliable / Active
Cap Rate
27%
Middle-Earners Gross Yield
Revenue
$25,986
Middle-Earners Revenue
Occupancy
43%
Middle-Earners Occupancy
Home Value
$95,318
Median Home Sale Price
Top Earners
$40,930
Top-Earners Revenue
Franklin
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Franklin.
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Challenging to Investors
Franklin Regulations
Short-term rentals are legal statewide, but no Franklin-specific ordinance was identified, creating uncertainty on zoning, permitting, occupancy caps and fees; investors must verify with city/parish and meet state sales, lodging taxes and fire safety standards, raising compliance risk and costs.
Local STR Agent
STR specialist · Franklin, LA
About Franklin
Franklin is a small city in and the parish seat of St. Mary Parish, Louisiana, United States. The population was 7,660 at the 2010 census. The city is located on Bayou Teche, southeast of the cities of Lafayette, 47 miles (76 km) and New Iberia, 28 miles (45 km), and 22 miles (35 km) northwest of Morgan City. It is part of the Morgan City Micropolitan Statistical Area and the larger Lafayette-Acadiana combined statistical area.