Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cheltenham area can be challenging. Home prices in Cheltenham are now at a median cost of $254,255, higher than the Pennsylvania average of $222,630.
The average cost of rent is $1,425/mo in Cheltenham, primarily driven by the current value of real estate in the Cheltenham area. While nearly 29.96% of residents own their homes outright in Cheltenham, 13.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cheltenham is $9,068 per month. Households that rent pay about 15.72% of their income on rent here. Cheltenham's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Elkins Park, PA: higher priced homes
- Rockledge, PA: equally priced homes
- Jenkintown, PA: higher priced homes
- Wyncote, PA: higher priced homes
- Philadelphia, PA: higher priced homes
- Glenside, PA: higher priced homes
- Abington, PA: higher priced homes
- Huntingdon Valley, PA: higher priced homes
- Bryn Athyn, PA: higher priced homes
- Palmyra, NJ: less expensive homes
Cities with Similar Populations
- Homer, NY: less expensive homes
- Hoopeston, IL: less expensive homes
- McArthur, OH: less expensive homes
- Connell, WA: less expensive homes
- Homosassa, FL: equally priced homes
- McBain, MI: less expensive homes
- Homestead Meadows North, TX: less expensive homes
- Homerville, GA: less expensive homes
- Corcoran, MN: higher priced homes
- Maysville, GA: less expensive homes
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