The Most Affordable Neighborhoods in New Kensington, PA by Home Value

 

New Kensington, PA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Kensington area can be challenging. Home prices in New Kensington are now at a median cost of $116,487, lower than the Pennsylvania average of $222,630.

The average cost of rent is $720/mo in New Kensington, primarily driven by the current value of real estate in the New Kensington area. While nearly 46.45% of residents own their homes outright in New Kensington, 33.30% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Kensington is $4,428 per month. Households that rent pay about 16.26% of their income on rent here. New Kensington'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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