The Most Affordable Neighborhoods in Centre County, PA by Home Value

 

Centre County, PA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Centre County area can be challenging. Home prices in Centre County are now at a median cost of $343,396, higher than the Pennsylvania average of $288,156.

The average cost of rent is $1,210/mo in Centre County, primarily driven by the current value of real estate in the Centre County area. In Centre County, 38.21% of households rent, and 42.84% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Centre County is $6,631 per month. Households that rent pay about 18.25% of their income on rent here. Centre County’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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