Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Frankford area can be challenging. Home prices in Frankford are now at a median cost of $149,418, lower than the Philadelphia average of $373,942.
The average cost of rent is $1,140/mo in Frankford, primarily driven by the current value of real estate in the Frankford area. In Frankford, 45.63% of households rent, and 40.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Frankford is $3,513 per month. Households that rent pay about 32.46% of their income on rent here. Frankford’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Summerdale, Philadelphia, PA: higher priced homes
- Wissanoning, Philadelphia, PA: higher priced homes
- Juniata Park-Feltonville, Philadelphia, PA: equally priced homes
- Oxford Circle, Philadelphia, PA: higher priced homes
- Mayfield, Philadelphia, PA: higher priced homes
- Richmond, Philadelphia, PA: higher priced homes
- Lawncrest, Philadelphia, PA: higher priced homes
- Lawndale, Philadelphia, PA: higher priced homes
- Harrowgate, Philadelphia, PA: less expensive homes
- Olney, Philadelphia, PA: equally priced homes
Neighborhoods with Similar Populations
- Wolf Creek, Dallas, TX: higher priced homes
- Arleta, Pacoima, CA: higher priced homes
- Auburndale, Queens, NY: higher priced homes
- Far West, Fort Worth, TX: higher priced homes
- Wheaton-Glenmont, Wheaton, MD: higher priced homes
- Medical, Houston, TX: higher priced homes
- Middle Village, Queens, NY: higher priced homes
- South Shore, Chicago, IL: higher priced homes
- Mission Bay, San Diego, CA: higher priced homes
- Mission, San Francisco, CA: higher priced homes
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