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These days, finding an affordable place to live in the Garnet Valley area can be challenging. Home prices in Garnet Valley are now at a median cost of $582,286, higher than the Pennsylvania average of $288,156.
The average cost of rent is $1,407/mo in Garnet Valley, primarily driven by the current value of real estate in the Garnet Valley area. In Garnet Valley, 4.49% of households rent, and 40.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Garnet Valley is $15,207 per month. Households that rent pay about 9.25% of their income on rent here. Garnet Valley’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Boothwyn, PA: less expensive homes
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Cities with Similar Populations
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