The Most Affordable Neighborhoods in South Montrose, PA by Home Value

 

South Montrose, PA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the South Montrose area can be challenging. Home prices in South Montrose are now at a median cost of $211,286, lower than the Pennsylvania average of $222,630.

The average cost of rent is $1,091/mo in South Montrose, primarily driven by the current value of real estate in the South Montrose area. While nearly 48.56% of residents own their homes outright in South Montrose, 20.68% rent.

Housing affordability isn’t just about home prices, though. The average household income in South Montrose is $5,367 per month. Households that rent pay about 20.33% of their income on rent here. South Montrose's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.


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