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

 

New Park, PA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Park area can be challenging. Home prices in New Park are now at a median cost of $245,813, higher than the Pennsylvania average of $222,630.

The average cost of rent is $1,266/mo in New Park, primarily driven by the current value of real estate in the New Park area. While nearly 29.55% of residents own their homes outright in New Park, 9.84% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Park is $8,378 per month. Households that rent pay about 15.11% of their income on rent here. New Park's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.


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