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Affordable
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These days, finding an affordable place to live in the Mount Royal area can be challenging. Home prices in Mount Royal are now at a median cost of $292,959, higher than the Pennsylvania average of $288,156.
The average cost of rent is $1,147/mo in Mount Royal, primarily driven by the current value of real estate in the Mount Royal area. In Mount Royal, 4.53% of households rent, and 49.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mount Royal is $4,991 per month. Households that rent pay about 22.97% of their income on rent here. Mount Royal’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dover, PA: less expensive homes
- Eastmont, PA: equally priced homes
- Wellsville, PA: equally priced homes
- Fortney, PA: higher priced homes
- Weigelstown, PA: less expensive homes
- Erney, PA: less expensive homes
- Kralltown, PA: equally priced homes
- Strinestown, PA: equally priced homes
- Lewisberry, PA: higher priced homes
- Shiloh, PA: less expensive homes
Cities with Similar Populations
- Timber, OR: higher priced homes
- Drenthe, MI: higher priced homes
- Dresden, NY: higher priced homes
- Dryad, WA: higher priced homes
- Dukedom, TN: less expensive homes
- Dunn, LA: less expensive homes
- Eitzen, MN: less expensive homes
- Elliott, IL: less expensive homes
- Elmira, CA: higher priced homes
- Elmo, MT: higher priced homes
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