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These days, finding an affordable place to live in the Derry area can be challenging. Home prices in Derry are now at a median cost of $158,056, lower than the Pennsylvania average of $288,156.
The average cost of rent is $843/mo in Derry, primarily driven by the current value of real estate in the Derry area. In Derry, 26.08% of households rent, and 53.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Derry is $4,670 per month. Households that rent pay about 18.06% of their income on rent here. Derry’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- New Derry, PA: equally priced homes
- Bradenville, PA: higher priced homes
- Loyalhanna, PA: higher priced homes
- Seger, PA: higher priced homes
- Hillside, PA: equally priced homes
- McCance, PA: higher priced homes
- Youngstown, PA: higher priced homes
- Latrobe, PA: higher priced homes
- Torrance, PA: higher priced homes
- St. Vincent College, PA: higher priced homes
Cities with Similar Populations
- Franklin, GA: higher priced homes
- Talking Rock, GA: higher priced homes
- Tabor City, NC: equally priced homes
- Fort Myers Shores, FL: higher priced homes
- Sylvania, GA: less expensive homes
- Sweeny, TX: higher priced homes
- Fountain Hill, PA: higher priced homes
- Fountainhead-Orchard Hills, MD: higher priced homes
- Four Corners, MT: higher priced homes
- Fox Chapel, PA: higher priced homes
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