Franklin Homes under $200,000

Welcome to Franklin, Wisconsin – a hidden gem nestled in Milwaukee County that perfectly blends suburban charm with urban convenience. Known for its friendly neighborhoods, excellent schools, and beautiful parks, Franklin is an ideal place for families, young professionals, and retirees alike. With a rich history and a vibrant community spirit, Franklin offers a peaceful retreat just a short drive from the bustling city of Milwaukee.

One of the most appealing aspects of Franklin is its diverse real estate market, especially for those looking for affordable housing options. Homes in Franklin under $200,000 present a fantastic opportunity for first-time buyers, investors, or anyone seeking a budget-friendly residence without compromising on quality of life. These homes often feature spacious layouts, charming yards, and access to the area's numerous amenities, including shopping centers, recreational facilities, and nature trails.

Imagine settling into a cozy three-bedroom bungalow or a quaint townhouse that fits your lifestyle. With Franklin's commitment to community development and growth, you can be assured that your investment will not only provide a place to call home but also a solid foundation for your future.

In Franklin, you’ll find a welcoming environment that encourages outdoor activities, community events, and a strong sense of belonging. Whether you’re enjoying a leisurely stroll through one of the many parks or attending a local festival, you’ll quickly discover why so many are proud to call this vibrant city home. Explore the affordable housing options in Franklin today and take the first step towards your dream home!

Newest Franklin Homes under $200,000

10278 W Whitnall Edge Cir Unit 204, Franklin

$179,000

2 Beds ⋅ 2 Baths

Welcome to Whitnall Edge Condominiums! This spacious 2-bedroom/2-bathroom second-floor unit is ready for you to move in! Updated baths, lighting, paint, and more. The kitchen offers stainless steel appliances, quartz countertops, a glass backsplash, and newer cherry cabinets. The master bedroom features a walk-in closet and master bath. The living room has plenty of light, and don't forget the dining room! Entertain or relax by the outdoor pool and clubhouse. Storage unit in the basement, one car garage, and outdoor parking space are included with the unit. Don't let this one pass you by; call today!

10278 W Whitnall Edge Cir Unit 204, Franklin

Listing courtesy of RE/MAX Preferred-Delafield.

$185,000

1 Beds ⋅ 1 Baths

Move-in ready and meticulously maintained 1st level 1-bedroom, 1-bath condo offering more space than expected! The current owner added a convenient office nook in the storage closet, creating the perfect work-from-home space. Updated bathroom (2022), all appliances replaced in 2022, including a smart washer and dryer. Enjoy peace of mind with a new furnace, central A/C, and roof (2025). Community amenities include a fitness center, outdoor pool, and clubhouse available for private gatherings. Heated underground parking for cold winters with extra parking outside for guests. Conveniently located near shopping, dining, and easy highway access, this well-maintained condo offers comfortable, low-maintenance living in a desirable Franklin location. Schedule your showing today!

2933 W Drexel Ave Unit 506, Franklin

Listing courtesy of Evolve Realty.

10376 W Whitnall Edge Ct Unit 204, Franklin

$160,000

2 Beds ⋅ 1 Baths

Welcome home to this cozy second floor condo offering comfort, convenience, and thoughtful updates throughout. The primary bedroom features a private ensuite with a walk in shower & walk in closet. The second bedroom has been converted into a versatile den/home office, complete with a large interior opening that overlooks the living room & creates an open, airy feel. The half bath also includes convenient in unit laundry with a state of the art all in one washer/dryer, making laundry day easier than ever. Additional features include a one car detached garage, low condo fees of just $310 per month, & access to the community clubhouse & pool. A wonderful opportunity to enjoy low maintenance condo living with great amenities!

10376 W Whitnall Edge Ct Unit 204, Franklin

Listing courtesy of Shorewest Realtors - South Metro.

Start Your Search

Source of listing data: Metro MLS. Copyright 2026 Multiple Listing Service, Inc. - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.