
Home Price Key
These days, finding an affordable place to live in the Hamburg area can be challenging. Home prices in Hamburg are now at a median cost of $172,382, lower than the Pennsylvania average of $222,630.
The average cost of rent is $950/mo in Hamburg, primarily driven by the current value of real estate in the Hamburg area. While nearly 38.36% of residents own their homes outright in Hamburg, 27.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hamburg is $5,527 per month. Households that rent pay about 17.20% of their income on rent here. Hamburg's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
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Cities with Similar Populations
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