Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Philadelphia area can be challenging. Home prices in Philadelphia are now at a median cost of $176,459, higher than the Indiana average of $175,617.
The average cost of rent is $971/mo in Philadelphia, primarily driven by the current value of real estate in the Philadelphia area. While nearly 43.65% of residents own their homes outright in Philadelphia, 9.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Philadelphia is $5,869 per month. Households that rent pay about 16.54% of their income on rent here. Philadelphia's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Spring Lake, IN: higher priced homes
- Greenfield, IN: equally priced homes
- Mohawk, IN: less expensive homes
- Gem, IN: higher priced homes
- Mount Comfort, IN: equally priced homes
- Finly, IN: equally priced homes
- New Palestine, IN: higher priced homes
- Maxwell, IN: equally priced homes
- Cumberland, IN: equally priced homes
- Woodbury, IN: higher priced homes
Cities with Similar Populations
- Hopkinton, NY: less expensive homes
- Tarkio, MT: higher priced homes
- Tarboro, GA: equally priced homes
- Tar Fork, KY: less expensive homes
- Talmage, KS: higher priced homes
- Tallulah Falls, GA: higher priced homes
- Talcottville, NY: less expensive homes
- Talcott, WV: less expensive homes
- Talbott, WV: less expensive homes
- Sun, NY: less expensive homes
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