
Home Price Key
These days, finding an affordable place to live in the Kensington area can be challenging. Home prices in Kensington are now at a median cost of $256,700, lower than the Philadelphia average of $296,499.
The average cost of rent is $1,156/mo in Kensington, primarily driven by the current value of real estate in the Kensington area. While nearly 41.56% of residents own their homes outright in Kensington, 46.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in Kensington is $5,732 per month. Households that rent pay about 20.17% of their income on rent here. Kensington's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Fishtown, Philadelphia, PA: higher priced homes
- Hartranft, Philadelphia, PA: less expensive homes
- Fairhill, Philadelphia, PA: less expensive homes
- Harrowgate, Philadelphia, PA: less expensive homes
- Richmond, Philadelphia, PA: less expensive homes
- Poplar-Ludlow-Yorktowne, Philadelphia, PA: higher priced homes
- North Central, Philadelphia, PA: less expensive homes
- Hunting Park, Philadelphia, PA: less expensive homes
- Pyne Poynt, Camden, NJ: less expensive homes
- Tioga-Nicetown, Philadelphia, PA: less expensive homes
Neighborhoods with Similar Populations
- Airport, Honolulu, HI: higher priced homes
- Woodlawn, Alexandria, VA: higher priced homes
- Weston Ranch, Stockton, CA: higher priced homes
- West Las Vegas, Las Vegas, NV: less expensive homes
- West Central, Pasadena, CA: higher priced homes
- Upper Vailsburg, Newark, NJ: equally priced homes
- The Waterfront, Jersey City, NJ: higher priced homes
- Summerdale, Philadelphia, PA: less expensive homes
- Southwestern Outer Drive, Dearborn, MI: less expensive homes
- South, Raleigh, NC: less expensive homes
All Local Stats
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