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These days, finding an affordable place to live in the Addison area can be challenging. Home prices in Addison are now at a median cost of $204,300, lower than the Pennsylvania average of $288,156.
The average cost of rent is $923/mo in Addison, primarily driven by the current value of real estate in the Addison area. In Addison, 14.37% of households rent, and 65.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Addison is $5,560 per month. Households that rent pay about 16.60% of their income on rent here. Addison’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Listonburg, PA: equally priced homes
- Selbysport, MD: less expensive homes
- Harnedsville, PA: less expensive homes
- Ursina Junction, PA: less expensive homes
- Confluence, PA: less expensive homes
- Ursina, PA: less expensive homes
- Markleysburg, PA: equally priced homes
- Engle Mill, MD: equally priced homes
- Friendsville, MD: equally priced homes
- Flat Rock, PA: equally priced homes
Cities with Similar Populations
- Baker, CA: less expensive homes
- Topsail Beach, NC: higher priced homes
- Westport Point, MA: higher priced homes
- Horseshoe Beach, FL: less expensive homes
- Cedar Valley, UT: higher priced homes
- Warren, NH: higher priced homes
- Beverly Beach, FL: higher priced homes
- Thedford, NE: less expensive homes
- Boone Grove, IN: higher priced homes
- Brookvale, CO: higher priced homes
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