The Most Affordable Neighborhoods in Phillips Hill, DE by Home Value

 

Phillips Hill, DE Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Phillips Hill area can be challenging. Home prices in Phillips Hill are now at a median cost of $293,378, higher than the Delaware average of $282,938.

The average cost of rent is $1,098/mo in Phillips Hill, primarily driven by the current value of real estate in the Phillips Hill area. While nearly 30.09% of residents own their homes outright in Phillips Hill, 6.15% rent.

Housing affordability isn’t just about home prices, though. The average household income in Phillips Hill is $7,422 per month. Households that rent pay about 14.79% of their income on rent here. Phillips Hill's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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