The Most Affordable Neighborhoods in Ridgewood, PA by Home Value

 

Ridgewood, PA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ridgewood area can be challenging. Home prices in Ridgewood are now at a median cost of $198,403, lower than the Pennsylvania average of $222,630.

The average cost of rent is $1,122/mo in Ridgewood, primarily driven by the current value of real estate in the Ridgewood area. While nearly 44.24% of residents own their homes outright in Ridgewood, 13.56% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ridgewood is $10,000 per month. Households that rent pay about 11.22% of their income on rent here. Ridgewood's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.


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