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Affordable
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These days, finding an affordable place to live in the Cabot area can be challenging. Home prices in Cabot are now at a median cost of $282,562, lower than the Pennsylvania average of $288,156.
The average cost of rent is $1,089/mo in Cabot, primarily driven by the current value of real estate in the Cabot area. In Cabot, 24.45% of households rent, and 48.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cabot is $6,740 per month. Households that rent pay about 16.15% of their income on rent here. Cabot’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dennys Mill, PA: higher priced homes
- West Winfield, PA: equally priced homes
- Saxonburg, PA: equally priced homes
- Leasuresville, PA: equally priced homes
- Sarver, PA: higher priced homes
- Homeacre, PA: equally priced homes
- North Washington, PA: less expensive homes
- Lardintown, PA: higher priced homes
- Fenelton, PA: less expensive homes
- Silverville, PA: equally priced homes
Cities with Similar Populations
- Claysville, PA: less expensive homes
- White Sulphur Springs, WV: less expensive homes
- Lancaster, VA: equally priced homes
- Wintersville, OH: less expensive homes
- South Haven, MN: higher priced homes
- South Charleston, OH: less expensive homes
- Sleepy Eye, MN: less expensive homes
- Stockton, NJ: higher priced homes
- San Saba, TX: less expensive homes
- Richwood, OH: less expensive homes
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