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Affordable
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These days, finding an affordable place to live in the Frederick area can be challenging. Home prices in Frederick are now at a median cost of $404,035, higher than the Pennsylvania average of $288,156.
The average cost of rent is $1,427/mo in Frederick, primarily driven by the current value of real estate in the Frederick area. In Frederick, 6.34% of households rent, and 29.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Frederick is $10,827 per month. Households that rent pay about 13.18% of their income on rent here. Frederick’s most expensive areas are in the northeastern 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.
Nearby Cities
- Gilbertsville, PA: equally priced homes
- Zieglerville, PA: higher priced homes
- Perkiomenville, PA: higher priced homes
- New Berlinville, PA: less expensive homes
- Bechtelsville, PA: less expensive homes
- Barto, PA: equally priced homes
- Boyertown, PA: less expensive homes
- Red Hill, PA: less expensive homes
- Bally, PA: less expensive homes
- Woxhall, PA: higher priced homes
Cities with Similar Populations
- Swink, OK: less expensive homes
- Gasper, KY: less expensive homes
- Gentry, MO: less expensive homes
- Gifford, IN: less expensive homes
- Gilpin, KY: less expensive homes
- Gilsonite, CO: higher priced homes
- Gimlet, KY: less expensive homes
- Girdletree, MD: less expensive homes
- Goat Town, GA: less expensive homes
- Goffs Corner, KY: less expensive homes
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