The Most Affordable Neighborhoods in Mount Morris, PA by Home Value

These days, finding an affordable place to live in the Mount Morris area can be challenging. Home prices in Mount Morris are now at a median cost of $179,566, lower than the Pennsylvania average of $288,156.

The average cost of rent is $769/mo in Mount Morris, primarily driven by the current value of real estate in the Mount Morris area. In Mount Morris, 22.86% of households rent, and 62.48% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Mount Morris is $5,717 per month. Households that rent pay about 13.45% of their income on rent here. Mount Morris’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern 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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