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These days, finding an affordable place to live in the Cobbs Creek area can be challenging. Home prices in Cobbs Creek are now at a median cost of $280,146, lower than the Philadelphia average of $296,499.
The average cost of rent is $1,219/mo in Cobbs Creek, primarily driven by the current value of real estate in the Cobbs Creek area. While nearly 43.29% of residents own their homes outright in Cobbs Creek, 64.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cobbs Creek is $3,496 per month. Households that rent pay about 34.87% of their income on rent here. Cobbs Creek's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Kingsessing, Philadelphia, PA: less expensive homes
- Belmont, Philadelphia, PA: less expensive homes
- Haddington, Philadelphia, PA: less expensive homes
- Haddington-Carroll Park, Philadelphia, PA: less expensive homes
- University City, Philadelphia, PA: less expensive homes
- Grays Ferry, Philadelphia, PA: less expensive homes
- Elmwood, Philadelphia, PA: less expensive homes
- Morris Park, Philadelphia, PA: less expensive homes
- Schuylkill Southwest, Philadelphia, PA: higher priced homes
- Rittenhouse Square, Philadelphia, PA: higher priced homes
Neighborhoods with Similar Populations
- Central City, Corpus Christi, TX: less expensive homes
- Northeast, El Paso, TX: less expensive homes
- Hickory Ridge-South Riverdale, Memphis, TN: less expensive homes
- Hollywood, Los Angeles, CA: higher priced homes
- Kew Ggardens, Queens, NY: higher priced homes
- Lake View, Chicago, IL: higher priced homes
- Near North Side, Chicago, IL: higher priced homes
- North Long Beach, Long Beach, CA: higher priced homes
- North, Raleigh, NC: higher priced homes
- North Valley, San Jose, CA: higher priced homes
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