The Most Affordable Neighborhoods in Chester, PA by Home Value

These days, finding an affordable place to live in the Chester area can be challenging. Home prices in Chester are now at a median cost of $86,716, lower than the Pennsylvania average of $288,156.

The average cost of rent is $1,068/mo in Chester, primarily driven by the current value of real estate in the Chester area. In Chester, 59.98% of households rent, and 62.06% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Chester is $3,676 per month. Households that rent pay about 29.06% of their income on rent here. Chester’s most expensive areas are in the northern 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.

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