The Most Affordable Neighborhoods in Tobyhanna, PA by Home Value

 

Tobyhanna, PA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Tobyhanna area can be challenging. Home prices in Tobyhanna are now at a median cost of $135,164, lower than the Pennsylvania average of $222,630.

The average cost of rent is $1,562/mo in Tobyhanna, primarily driven by the current value of real estate in the Tobyhanna area. While nearly 38.85% of residents own their homes outright in Tobyhanna, 28.50% rent.

Housing affordability isn’t just about home prices, though. The average household income in Tobyhanna is $5,685 per month. Households that rent pay about 27.48% of their income on rent here. Tobyhanna's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.


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