The Most Affordable Neighborhoods in Farrell, PA by Home Value

These days, finding an affordable place to live in the Farrell area can be challenging. Home prices in Farrell are now at a median cost of $89,773, lower than the Pennsylvania average of $288,156.

The average cost of rent is $1,210/mo in Farrell, primarily driven by the current value of real estate in the Farrell area. In Farrell, 39.10% of households rent, and 64.37% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Farrell is $3,407 per month. Households that rent pay about 35.51% of their income on rent here. Farrell’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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