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Affordable
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These days, finding an affordable place to live in the Rheems area can be challenging. Home prices in Rheems are now at a median cost of $278,386, lower than the Pennsylvania average of $288,156.
The average cost of rent is $1,941/mo in Rheems, primarily driven by the current value of real estate in the Rheems area. In Rheems, 11.71% of households rent, and 33.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rheems is $7,942 per month. Households that rent pay about 24.44% of their income on rent here. Rheems’s most expensive areas are in the northwestern 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
- Elizabethtown, PA: equally priced homes
- Milton Grove, PA: higher priced homes
- Mount Joy, PA: equally priced homes
- Donegal Springs, PA: higher priced homes
- Stacktown, PA: equally priced homes
- Marietta, PA: equally priced homes
- Bellaire, PA: higher priced homes
- Maytown, PA: equally priced homes
- Bainbridge, PA: less expensive homes
- Deodate, PA: higher priced homes
Cities with Similar Populations
- Barney, GA: less expensive homes
- Meadow Bridge, WV: less expensive homes
- Mc Millan, MI: less expensive homes
- Middletown Springs, VT: equally priced homes
- Mount Olive, OH: less expensive homes
- Mount Olivet, KY: less expensive homes
- New York, TX: equally priced homes
- North Hartsville, SC: less expensive homes
- Oakland Acres, IA: less expensive homes
- Orangeville, UT: less expensive homes
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