Home Price Key
Affordable
Average
Expensive
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 $325,260, higher than the Pennsylvania average of $222,630.
The average cost of rent is $1,214/mo in State College, primarily driven by the current value of real estate in the State College area. While nearly 45.23% of residents own their homes outright in State College, 51.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in State College is $5,538 per month. Households that rent pay about 21.92% 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.
Nearby Cities
- University Park, PA: less expensive homes
- Park Forest Village, PA: equally priced homes
- Houserville, PA: less expensive homes
- Lemont, PA: less expensive homes
- Boalsburg, PA: higher 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: less expensive homes
- West Bloomfield, MI: higher 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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