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These days, finding an affordable place to live in the Madisonburg area can be challenging. Home prices in Madisonburg are now at a median cost of $206,613, lower than the Pennsylvania average of $288,156.
The average cost of rent is $963/mo in Madisonburg, primarily driven by the current value of real estate in the Madisonburg area. In Madisonburg, 27.86% of households rent, and 52.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Madisonburg is $5,888 per month. Households that rent pay about 16.35% of their income on rent here. Madisonburg’s most expensive areas are in the southwestern 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
- Millheim, PA: higher priced homes
- Hublersburg, PA: equally priced homes
- Mingoville, PA: higher priced homes
- Lamar, PA: equally priced homes
- Aaronsburg, PA: higher priced homes
- Clintondale, PA: equally priced homes
- Farmers Mills, PA: higher priced homes
- Pennhall, PA: higher priced homes
- Rebersburg, PA: equally priced homes
- Spring Mills, PA: higher priced homes
Cities with Similar Populations
- Palmers, MN: higher priced homes
- Reeman, MI: less expensive homes
- Raysal, WV: less expensive homes
- Quinwood, WV: less expensive homes
- Portageville, NY: less expensive homes
- Plymouth, UT: higher priced homes
- Plattenville, LA: equally priced homes
- Pine Village, IN: equally priced homes
- Pickering, MO: equally priced homes
- Philippi, TN: higher priced homes
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