Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Chestnut Hill area can be challenging. Home prices in Chestnut Hill are now at a median cost of $695,010, higher than the Philadelphia average of $373,942.
The average cost of rent is $1,838/mo in Chestnut Hill, primarily driven by the current value of real estate in the Chestnut Hill area. In Chestnut Hill, 47.44% of households rent, and 28.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chestnut Hill is $11,241 per month. Households that rent pay about 16.35% of their income on rent here. Chestnut Hill’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Wyndmoor, Glenside, PA: less expensive homes
- Mount Airy, Philadelphia, PA: less expensive homes
- Cedar Brook, Philadelphia, PA: less expensive homes
- Roxborough, Philadelphia, PA: less expensive homes
- Germantown, Philadelphia, PA: less expensive homes
- Manayunk, Philadelphia, PA: less expensive homes
- Oak Lane, Philadelphia, PA: less expensive homes
- East Falls, Philadelphia, PA: less expensive homes
- Logan-Ogontz-Fern Rock, Philadelphia, PA: less expensive homes
- Bala Cynwyd, Bala-Cynwyd, PA: equally priced homes
Neighborhoods with Similar Populations
- Bulls Head, Staten Island, NY: equally priced homes
- Whitney Ranch, Henderson, NV: less expensive homes
- Flamingo-Lummus, Miami Beach, FL: less expensive homes
- Hegewisch, Chicago, IL: less expensive homes
- El Toro Marine Air Station, Irvine, CA: higher priced homes
- Downtown Pittsfield, Ann Arbor, MI: less expensive homes
- Morningside, Detroit, MI: less expensive homes
- Concordia, Portland, OR: equally priced homes
- Portsmouth, Portland, OR: less expensive homes
- Chinatown-San Francisco, San Francisco, CA: higher priced homes
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