Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downey area can be challenging. Home prices in Downey are now at a median cost of $151,647, lower than the Pennsylvania average of $222,630.
The average cost of rent is $991/mo in Downey, primarily driven by the current value of real estate in the Downey area. While nearly 49.44% of residents own their homes outright in Downey, 6.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downey is $6,024 per month. Households that rent pay about 16.44% of their income on rent here. Downey's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Shanksville, PA: higher priced homes
- Macdonaldton, PA: equally priced homes
- Brotherton, PA: equally priced homes
- Indian Lake, PA: higher priced homes
- Berlin, PA: equally priced homes
- Salco, PA: less expensive homes
- New Baltimore, PA: less expensive homes
- Glen Savage, PA: less expensive homes
- Friedens, PA: less expensive homes
- Pine Hill, PA: less expensive homes
Cities with Similar Populations
- Rodman, IA: higher priced homes
- Lumber City, PA: less expensive homes
- Lumberton, VA: less expensive homes
- Lyden, NM: equally priced homes
- Lynn Grove, KY: less expensive homes
- Lynn, NC: higher priced homes
- Mace, IN: equally priced homes
- Richmondale, PA: equally priced homes
- Rimmy Jims, AZ: less expensive homes
- Rinard Mills, OH: less expensive homes
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