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These days, finding an affordable place to live in the Cheyney area can be challenging. Home prices in Cheyney are now at a median cost of $801,099, higher than the Pennsylvania average of $288,156.
The average cost of rent is $2,341/mo in Cheyney, primarily driven by the current value of real estate in the Cheyney area. In Cheyney, 23.33% of households rent, and 31.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cheyney is $13,250 per month. Households that rent pay about 17.67% of their income on rent here. Cheyney’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Thornton, PA: less expensive homes
- Glen Mills, PA: less expensive homes
- Chester Heights, PA: less expensive homes
- Westtown, PA: less expensive homes
- Lima, PA: less expensive homes
- West Chester, PA: less expensive homes
- Chadds Ford, PA: less expensive homes
- Garnet Valley, PA: less expensive homes
- Aston, PA: less expensive homes
- Media, PA: less expensive homes
Cities with Similar Populations
- Pleasant Grove, IA: less expensive homes
- Luray, SC: less expensive homes
- Mace, WV: less expensive homes
- Pebble, AL: less expensive homes
- Perry Mills, NY: less expensive homes
- Perth, VA: less expensive homes
- Piney Grove, AL: less expensive homes
- Plano, IA: less expensive homes
- Platner, CO: less expensive homes
- Pleasant Bend, OH: less expensive homes
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