The Most Affordable Neighborhoods in Luzerne, PA by Home Value

These days, finding an affordable place to live in the Luzerne area can be challenging. Home prices in Luzerne are now at a median cost of $119,292, lower than the Pennsylvania average of $288,156.

The average cost of rent is $1,070/mo in Luzerne, primarily driven by the current value of real estate in the Luzerne area. In Luzerne, 39.88% of households rent, and 44.61% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Luzerne is $3,623 per month. Households that rent pay about 29.55% of their income on rent here. Luzerne’s most expensive areas are in the northern 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.

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