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Affordable
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These days, finding an affordable place to live in the Shrewsbury area can be challenging. Home prices in Shrewsbury are now at a median cost of $319,582, higher than the Pennsylvania average of $288,156.
The average cost of rent is $1,505/mo in Shrewsbury, primarily driven by the current value of real estate in the Shrewsbury area. In Shrewsbury, 17.36% of households rent, and 37.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shrewsbury is $8,733 per month. Households that rent pay about 17.23% of their income on rent here. Shrewsbury’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Railroad, PA: equally priced homes
- New Freedom, PA: higher priced homes
- Glen Rock, PA: equally priced homes
- Stewartstown, PA: equally priced homes
- Wiley, PA: equally priced homes
- Freeland, MD: higher priced homes
- Rockville, PA: higher priced homes
- Winterstown, PA: less expensive homes
- Loganville, PA: equally priced homes
- Cross Roads, PA: equally priced homes
Cities with Similar Populations
- Gap, PA: equally priced homes
- Franklin Center, NJ: higher priced homes
- Freeland, PA: less expensive homes
- Freeland, WA: higher priced homes
- Fremont, IN: less expensive homes
- French Island, WI: less expensive homes
- Fruit Heights, UT: higher priced homes
- Fruitport, MI: less expensive homes
- Fulton, MD: higher priced homes
- Fussels Corner, FL: less expensive homes
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