Expensive
Affordable
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These days, finding an affordable place to live in the State College area can be challenging. Home prices in State College are now at a median cost of $412,735, higher than the Pennsylvania average of $288,156.
The average cost of rent is $1,365/mo in State College, primarily driven by the current value of real estate in the State College area. In State College, 58.37% of households rent, and 45.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in State College is $6,105 per month. Households that rent pay about 22.35% of their income on rent here. State College’s most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- University Park, PA: less expensive homes
- Park Forest Village, PA: equally priced homes
- Houserville, PA: equally priced homes
- Lemont, PA: equally priced homes
- Boalsburg, PA: equally priced homes
- Pine Grove Mills, PA: less expensive homes
- Coburn, PA: less expensive homes
- Dale Summit, PA: less expensive homes
- Linden Hall, PA: higher priced homes
- Pleasant Gap, PA: less expensive homes
Cities with Similar Populations
- Lake Forest, CA: higher priced homes
- Wylie, TX: equally priced homes
- West Bloomfield, MI: equally priced homes
- Martinsburg, WV: less expensive homes
- Laguna Niguel, CA: higher priced homes
- La Habra, CA: higher priced homes
- Joplin, MO: less expensive homes
- Jefferson City, MO: less expensive homes
- Hickory, NC: less expensive homes
- Hanford, CA: less expensive homes
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