The Most Affordable Neighborhoods in Merion Station, PA by Home Value

 

Merion Station, PA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Merion Station area can be challenging. Home prices in Merion Station are now at a median cost of $656,667, higher than the Pennsylvania average of $222,630.

The average cost of rent is $1,989/mo in Merion Station, primarily driven by the current value of real estate in the Merion Station area. While nearly 35.44% of residents own their homes outright in Merion Station, 12.81% rent.

Housing affordability isn’t just about home prices, though. The average household income in Merion Station is $15,005 per month. Households that rent pay about 13.25% of their income on rent here. Merion Station's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.


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