Expensive
Affordable
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These days, finding an affordable place to live in the Palmer area can be challenging. Home prices in Palmer are now at a median cost of $162,732, lower than the Pennsylvania average of $288,156.
The average cost of rent is $705/mo in Palmer, primarily driven by the current value of real estate in the Palmer area. In Palmer, 10.57% of households rent, and 63.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Palmer is $5,342 per month. Households that rent pay about 13.20% of their income on rent here. Palmer’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Steamburg, PA: equally priced homes
- Springboro, PA: less expensive homes
- Conneautville, PA: equally priced homes
- Shadeland, PA: less expensive homes
- Pennline, PA: less expensive homes
- Pierpont, OH: less expensive homes
- Monroe Center, OH: equally priced homes
- Pageville, PA: equally priced homes
- Dicksonburg, PA: equally priced homes
- Rundell, PA: higher priced homes
Cities with Similar Populations
- South Anna, VA: higher priced homes
- Lexie Crossroads, TN: higher priced homes
- Lillian, TX: higher priced homes
- Lodi, VA: higher priced homes
- Shubert, NE: less expensive homes
- Sizerock, KY: less expensive homes
- Slovan, WI: higher priced homes
- Soldier, IA: less expensive homes
- Solromar, CA: higher priced homes
- Legonier, LA: less expensive homes
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