Affordable
Expensive
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These days, finding an affordable place to live in the City Center East area can be challenging. Home prices in City Center East are now at a median cost of $545,451, higher than the Philadelphia average of $373,942.
The average cost of rent is $1,935/mo in City Center East, primarily driven by the current value of real estate in the City Center East area. In City Center East, 67.61% of households rent, and 52.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in City Center East is $8,955 per month. Households that rent pay about 21.61% of their income on rent here. City Center East’s most expensive areas are in the southern 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
- Chinatown, Philadelphia, PA: less expensive homes
- Bella Vista, Philadelphia, PA: higher priced homes
- City Center West, Philadelphia, PA: higher priced homes
- Rittenhouse Square, Philadelphia, PA: higher priced homes
- Wharton-Hawthorne-Bella Vista, Philadelphia, PA: less expensive homes
- Schuylkill Southwest, Philadelphia, PA: equally priced homes
- Spring Garden, Philadelphia, PA: higher priced homes
- Pennsport-Whitman-Queen, Philadelphia, PA: less expensive homes
- Point Breeze-Philadelphia, Philadelphia, PA: less expensive homes
- Poplar-Ludlow-Yorktowne, Philadelphia, PA: less expensive homes
Neighborhoods with Similar Populations
- Powellhurst-Gilbert, Portland, OR: less expensive homes
- Meadowview, Sacramento, CA: less expensive homes
- Greater Landover, Landover, MD: less expensive homes
- Great Bridge, Chesapeake, VA: less expensive homes
- Garfield Ridge, Chicago, IL: less expensive homes
- Parkside, San Francisco, CA: higher priced homes
- Fishtown, Philadelphia, PA: equally priced homes
- East Boston, Boston, MA: higher priced homes
- Constable Hook, Bayonne, NJ: less expensive homes
- Coney Island, Brooklyn, NY: higher priced homes
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