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Affordable
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These days, finding an affordable place to live in the King of Prussia area can be challenging. Home prices in King of Prussia are now at a median cost of $529,722, higher than the Pennsylvania average of $288,156.
The average cost of rent is $2,192/mo in King of Prussia, primarily driven by the current value of real estate in the King of Prussia area. In King of Prussia, 50.39% of households rent, and 56.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in King of Prussia is $10,812 per month. Households that rent pay about 20.27% of their income on rent here. King of Prussia’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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