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These days, finding an affordable place to live in the Schuylkill Southwest area can be challenging. Home prices in Schuylkill Southwest are now at a median cost of $556,807, higher than the Philadelphia average of $373,942.
The average cost of rent is $2,164/mo in Schuylkill Southwest, primarily driven by the current value of real estate in the Schuylkill Southwest area. In Schuylkill Southwest, 50.16% of households rent, and 27.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Schuylkill Southwest is $10,713 per month. Households that rent pay about 20.20% of their income on rent here. Schuylkill Southwest’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Rittenhouse Square, Philadelphia, PA: higher priced homes
- Point Breeze-Philadelphia, Philadelphia, PA: less expensive homes
- City Center West, Philadelphia, PA: higher priced homes
- Bella Vista, Philadelphia, PA: higher priced homes
- Wharton-Hawthorne-Bella Vista, Philadelphia, PA: less expensive homes
- Grays Ferry, Philadelphia, PA: less expensive homes
- University City, Philadelphia, PA: less expensive homes
- City Center East, Philadelphia, PA: equally priced homes
- Girard Estates, Philadelphia, PA: less expensive homes
- Chinatown, Philadelphia, PA: less expensive homes
Neighborhoods with Similar Populations
- Kailua Kona, Kailua-Kona, HI: higher priced homes
- Strawberry Mansion, Philadelphia, PA: less expensive homes
- Sterling Ridge, The Woodlands, TX: higher priced homes
- Melrose, Oakland, CA: higher priced homes
- Magnolia, Seattle, WA: higher priced homes
- Alden Bridge, The Woodlands, TX: less expensive homes
- Lakeshore, San Francisco, CA: higher priced homes
- Kenwood, Chicago, IL: less expensive homes
- Kaimuki, Honolulu, HI: higher priced homes
- Tampa Palms, Tampa, FL: less expensive homes
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