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Affordable
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These days, finding an affordable place to live in the Palm area can be challenging. Home prices in Palm are now at a median cost of $373,923, higher than the Pennsylvania average of $288,156.
The average cost of rent is $1,379/mo in Palm, primarily driven by the current value of real estate in the Palm area. In Palm, 7.39% of households rent, and 30.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Palm is $9,213 per month. Households that rent pay about 14.97% of their income on rent here. Palm’s most expensive areas are in the western 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
- Hereford, PA: less expensive homes
- East Greenville, PA: less expensive homes
- Zionsville, PA: equally priced homes
- Bally, PA: less expensive homes
- Pennsburg, PA: equally priced homes
- Barto, PA: equally priced homes
- Red Hill, PA: less expensive homes
- Bechtelsville, PA: less expensive homes
- Alburtis, PA: less expensive homes
- Macungie, PA: equally priced homes
Cities with Similar Populations
- South Pottstown, PA: less expensive homes
- Graham, KY: less expensive homes
- Granville Summit, PA: less expensive homes
- Grays Chapel, NC: less expensive homes
- Hallsville, OH: less expensive homes
- Hanover, WV: less expensive homes
- Harmony, ME: less expensive homes
- Hatley, MS: less expensive homes
- Hayesville, OH: less expensive homes
- Heath, MT: equally priced homes
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