Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Bala-Cynwyd area can be challenging. Home prices in Bala-Cynwyd are now at a median cost of $689,546, higher than the Pennsylvania average of $288,156.
The average cost of rent is $1,882/mo in Bala-Cynwyd, primarily driven by the current value of real estate in the Bala-Cynwyd area. In Bala-Cynwyd, 25.20% of households rent, and 42.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bala-Cynwyd is $15,087 per month. Households that rent pay about 12.47% of their income on rent here. Bala-Cynwyd’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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