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Affordable
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These days, finding an affordable place to live in the Downingtown area can be challenging. Home prices in Downingtown are now at a median cost of $496,342, higher than the Pennsylvania average of $288,156.
The average cost of rent is $1,955/mo in Downingtown, primarily driven by the current value of real estate in the Downingtown area. In Downingtown, 21.54% of households rent, and 27.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downingtown is $13,025 per month. Households that rent pay about 15.01% of their income on rent here. Downingtown’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Thorndale, PA: less expensive homes
- Lyndell, PA: equally priced homes
- Exton, PA: equally priced homes
- Lionville, PA: less expensive homes
- Brandamore, PA: less expensive homes
- Glenmoore, PA: higher priced homes
- Chester Springs, PA: higher priced homes
- Coatesville, PA: less expensive homes
- Modena, PA: less expensive homes
- South Coatesville, PA: less expensive homes
Cities with Similar Populations
- Zephyrhills, FL: less expensive homes
- Owasso, OK: less expensive homes
- Alvin, TX: less expensive homes
- Rowland Heights, CA: higher priced homes
- Salina, KS: less expensive homes
- Sherman, TX: less expensive homes
- Spring Hill, TN: equally priced homes
- Texas City, TX: less expensive homes
- Upper Arlington, OH: higher priced homes
- Hurst, TX: less expensive homes
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