Affordable
Expensive
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These days, finding an affordable place to live in the Chinatown area can be challenging. Home prices in Chinatown are now at a median cost of $495,837, higher than the Philadelphia average of $373,942.
The average cost of rent is $1,952/mo in Chinatown, primarily driven by the current value of real estate in the Chinatown area. In Chinatown, 73.66% of households rent, and 37.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chinatown is $6,997 per month. Households that rent pay about 27.90% of their income on rent here. Chinatown’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- City Center East, Philadelphia, PA: higher priced homes
- City Center West, Philadelphia, PA: higher priced homes
- Spring Garden, Philadelphia, PA: higher priced homes
- Bella Vista, Philadelphia, PA: higher priced homes
- Rittenhouse Square, Philadelphia, PA: higher priced homes
- Poplar-Ludlow-Yorktowne, Philadelphia, PA: less expensive homes
- Fairmount, Philadelphia, PA: equally priced homes
- Schuylkill Southwest, Philadelphia, PA: higher priced homes
- Fishtown, Philadelphia, PA: equally priced homes
- Wharton-Hawthorne-Bella Vista, Philadelphia, PA: less expensive homes
Neighborhoods with Similar Populations
- Rancho Sahuarita, Sahuarita, AZ: less expensive homes
- West Bethlehem, Bethlehem, PA: less expensive homes
- Scenic Foothills, Anchorage, AK: less expensive homes
- Downtown St Petersburg, St. Petersburg, FL: higher priced homes
- Union-Miles Park, Cleveland, OH: less expensive homes
- Union Square, San Francisco, CA: higher priced homes
- Walnut Village, Irvine, CA: higher priced homes
- Fairview, Camden, NJ: less expensive homes
- Collister, Boise, ID: equally priced homes
- Chinatown, Manhattan, NY: higher priced homes
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