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These days, finding an affordable place to live in the Grantham area can be challenging. Home prices in Grantham are now at a median cost of $246,741, lower than the Pennsylvania average of $288,156.
The average cost of rent is $1,798/mo in Grantham, primarily driven by the current value of real estate in the Grantham area. In Grantham, 23.48% of households rent, and 84.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grantham is $7,211 per month. Households that rent pay about 24.94% of their income on rent here. Grantham’s most expensive areas are in the southern 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
- Dillsburg, PA: higher priced homes
- Mechanicsburg, PA: higher priced homes
- Shiremanstown, PA: less expensive homes
- Windsor Park, PA: less expensive homes
- Fortney, PA: higher priced homes
- Franklintown, PA: higher priced homes
- Lewisberry, PA: higher priced homes
- Camp Hill, PA: higher priced homes
- Lower Allen, PA: equally priced homes
- Boiling Springs, PA: higher priced homes
Cities with Similar Populations
- Swanzey, NH: higher priced homes
- Shark River Hills, NJ: higher priced homes
- Sterlington, LA: equally priced homes
- Stigler, OK: less expensive homes
- Shadyside, OH: less expensive homes
- Shady Cove, OR: higher priced homes
- Shavano Park, TX: higher priced homes
- St. Bernard, OH: less expensive homes
- Starr, SC: less expensive homes
- Taylor, AZ: higher priced homes
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