Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morgantown area can be challenging. Home prices in Morgantown are now at a median cost of $293,850, higher than the Pennsylvania average of $222,630.
The average cost of rent is $1,108/mo in Morgantown, primarily driven by the current value of real estate in the Morgantown area. While nearly 40.14% of residents own their homes outright in Morgantown, 17.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morgantown is $7,256 per month. Households that rent pay about 15.26% of their income on rent here. Morgantown's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- New Morgan, PA: less expensive homes
- Elverson, PA: higher priced homes
- Geigertown, PA: equally priced homes
- Churchtown, PA: equally priced homes
- Pine Swamp, PA: less expensive homes
- Honey Brook, PA: higher priced homes
- Maple Grove Park, PA: equally priced homes
- Narvon, PA: equally priced homes
- Weavertown, PA: equally priced homes
- Kulptown, PA: less expensive homes
Cities with Similar Populations
- Rothschild, WI: less expensive homes
- Harbor Springs, MI: equally priced homes
- Hawkinsville, GA: less expensive homes
- Headland, AL: less expensive homes
- Henryetta, OK: less expensive homes
- Hiawatha, IA: less expensive homes
- Jefferson, MD: higher priced homes
- Richwood, TX: less expensive homes
- Ridgway, PA: less expensive homes
- Rineyville, KY: less expensive homes
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