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These days, finding an affordable place to live in the Albion area can be challenging. Home prices in Albion are now at a median cost of $169,726, lower than the Pennsylvania average of $288,156.
The average cost of rent is $806/mo in Albion, primarily driven by the current value of real estate in the Albion area. In Albion, 20.65% of households rent, and 47.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Albion is $5,462 per month. Households that rent pay about 14.75% of their income on rent here. Albion’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lundys Lane, PA: higher priced homes
- Cranesville, PA: higher priced homes
- Pageville, PA: equally priced homes
- Shadeland, PA: less expensive homes
- Pont, PA: higher priced homes
- Springboro, PA: less expensive homes
- Platea, PA: higher priced homes
- West Springfield, PA: less expensive homes
- East Springfield, PA: less expensive homes
- Palmer, PA: equally priced homes
Cities with Similar Populations
- Morris, MN: higher priced homes
- Peshtigo, WI: equally priced homes
- Clinton, WA: higher priced homes
- Pelham Manor, NY: higher priced homes
- Covington, IN: equally priced homes
- San Diego, TX: less expensive homes
- Culloden, WV: higher priced homes
- Culleoka, TN: higher priced homes
- Warsaw, NC: less expensive homes
- Marietta, OK: equally priced homes
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