Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Prospect Park area can be challenging. Home prices in Prospect Park are now at a median cost of $196,456, lower than the Pennsylvania average of $222,630.
The average cost of rent is $1,062/mo in Prospect Park, primarily driven by the current value of real estate in the Prospect Park area. While nearly 36.41% of residents own their homes outright in Prospect Park, 41.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Prospect Park is $5,819 per month. Households that rent pay about 18.25% of their income on rent here. Prospect Park's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Norwood, PA: equally priced homes
- Ridley Park, PA: equally priced homes
- Holmes, PA: equally priced homes
- Folsom, PA: higher priced homes
- Folcroft, PA: less expensive homes
- Glenolden, PA: less expensive homes
- Essington, PA: less expensive homes
- Rutledge, PA: higher priced homes
- Morton, PA: higher priced homes
- Swarthmore, PA: higher priced homes
Cities with Similar Populations
- Boulevard Park, WA: higher priced homes
- Bogue Chitto, MS: less expensive homes
- Boiling Spring Lakes, NC: equally priced homes
- Boiling Springs, PA: higher priced homes
- Bolivar, TN: less expensive homes
- Bolivia, NC: higher priced homes
- Bolton, CT: higher priced homes
- Bon Aqua, TN: less expensive homes
- Bonneau, SC: equally priced homes
- Bono, AR: less expensive homes
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