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These days, finding an affordable place to live in the Scranton area can be challenging. Home prices in Scranton are now at a median cost of $155,924, lower than the Kentucky average of $219,615.
The average cost of rent is $415/mo in Scranton, primarily driven by the current value of real estate in the Scranton area. In Scranton, 27.09% of households rent, and 71.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Scranton is $3,259 per month. Households that rent pay about 12.73% of their income on rent here. Scranton’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wellington, KY: less expensive homes
- Denniston, KY: less expensive homes
- Frenchburg, KY: less expensive homes
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- Kellacey, KY: less expensive homes
- Pomeroyton, KY: less expensive homes
- Fagan, KY: less expensive homes
- Rothwell, KY: less expensive homes
- Olympia Springs, KY: higher priced homes
- Ezel, KY: less expensive homes
Cities with Similar Populations
- Camp Leach, NC: higher priced homes
- Trask, MO: higher priced homes
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- Clifford, KY: less expensive homes
- Chapman, WV: less expensive homes
- Cave, MO: higher priced homes
- Catahoula, LA: higher priced homes
- Castine, OH: higher priced homes
- Carp, IN: higher priced homes
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