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These days, finding an affordable place to live in the Torpedo area can be challenging. Home prices in Torpedo are now at a median cost of $129,951, lower than the Pennsylvania average of $288,156.
The average cost of rent is $756/mo in Torpedo, primarily driven by the current value of real estate in the Torpedo area. In Torpedo, 4.51% of households rent, and 67.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Torpedo is $5,108 per month. Households that rent pay about 14.81% of their income on rent here. Torpedo’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Garland, PA: higher priced homes
- Sanford, PA: equally priced homes
- Grand Valley, PA: less expensive homes
- Pittsfield, PA: equally priced homes
- Tidioute, PA: less expensive homes
- Starr, PA: less expensive homes
- Spring Creek, PA: higher priced homes
- Youngsville, PA: less expensive homes
- Trunkeyville, PA: higher priced homes
- Pineville, PA: less expensive homes
Cities with Similar Populations
- Tuttle, AR: higher priced homes
- College Mound, MO: higher priced homes
- Colmar, IL: higher priced homes
- Connerville, OK: less expensive homes
- Converse, SC: higher priced homes
- Cook Corners, NY: equally priced homes
- Cooksburg, PA: equally priced homes
- Cooperton, OK: higher priced homes
- Cowles, NE: equally priced homes
- Cox, FL: higher priced homes
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