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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 $126,352, lower than the Texas average of $322,096.
The average cost of rent is $989/mo in Scranton, primarily driven by the current value of real estate in the Scranton area. In Scranton, 9.97% of households rent, and 51.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Scranton is $5,260 per month. Households that rent pay about 18.79% of their income on rent here. Scranton’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pleasant Hill, TX: equally priced homes
- Nimrod, TX: higher priced homes
- Cisco, TX: less expensive homes
- Putnam, TX: less expensive homes
- Gunsight, TX: equally priced homes
- Dothan, TX: less expensive homes
- Sabanno, TX: less expensive homes
- Romney, TX: higher priced homes
- Mangum, TX: higher priced homes
- Carbon, TX: less expensive homes
Cities with Similar Populations
- Fairfield Harbour, NC: higher priced homes
- Festina, IA: higher priced homes
- Fenwick, MS: less expensive homes
- Fentress, MS: higher priced homes
- Felton, AR: less expensive homes
- Feesburg, OH: higher priced homes
- Fedora, SD: higher priced homes
- Fayette Corners, TN: less expensive homes
- Faye, KY: less expensive homes
- Farwell, PA: less expensive homes
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