Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Pennsylvania area can be challenging. Home prices in Pennsylvania are now at a median cost of $222,630, lower than the the United States average of $313,691.
The average cost of rent is $1,115/mo in Pennsylvania, primarily driven by the current value of real estate in the Pennsylvania area. While nearly 41.26% of residents own their homes outright in Pennsylvania, 28.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pennsylvania is $6,497 per month. Households that rent pay about 17.16% of their income on rent here. Pennsylvania's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the state.
Nearby States
- Maryland: higher priced homes
- District of Columbia: higher priced homes
- Delaware: higher priced homes
- New Jersey: higher priced homes
- New York: higher priced homes
- Virginia: higher priced homes
- West Virginia: less expensive homes
- Connecticut: higher priced homes
- Ohio: less expensive homes
- Rhode Island: higher priced homes
States with Similar Populations
- Tennessee: equally priced homes
- Maryland: higher priced homes
- Massachusetts: higher priced homes
- Michigan: less expensive homes
- Minnesota: higher priced homes
- Mississippi: less expensive homes
- Ohio: less expensive homes
- Oklahoma: less expensive homes
- South Carolina: equally priced homes
- South Dakota: less expensive homes
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