
Expensive
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These days, finding an affordable place to live in the University City area can be challenging. Home prices in University City are now at a median cost of $280,090, lower than the Philadelphia average of $373,942.
The average cost of rent is $3,009/mo in University City, primarily driven by the current value of real estate in the University City area. In University City, 92.73% of households rent, and 98.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in University City is $6,795 per month. Households that rent pay about 44.28% of their income on rent here. University City’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Rittenhouse Square, Philadelphia, PA: higher priced homes
- City Center West, Philadelphia, PA: higher priced homes
- Schuylkill Southwest, Philadelphia, PA: higher priced homes
- Belmont, Philadelphia, PA: less expensive homes
- Spring Garden, Philadelphia, PA: higher priced homes
- Fairmount, Philadelphia, PA: higher priced homes
- Grays Ferry, Philadelphia, PA: less expensive homes
- Cobbs Creek, Philadelphia, PA: higher priced homes
- Point Breeze-Philadelphia, Philadelphia, PA: higher priced homes
- Chinatown, Philadelphia, PA: higher priced homes
Neighborhoods with Similar Populations
- Third World, San Antonio, TX: less expensive homes
- Berg-Lasher, Detroit, MI: less expensive homes
- Braun's Farm, San Antonio, TX: higher priced homes
- Brookfield Village, Oakland, CA: higher priced homes
- Buckingham Lake-Crestwood, Albany, NY: equally priced homes
- Kensington, San Diego, CA: higher priced homes
- Kent Corner, Riverside, RI: higher priced homes
- Lakewood, Jacksonville, FL: higher priced homes
- 9th and 9th, Salt Lake City, UT: higher priced homes
- Yorktown, Huntington Beach, CA: higher priced homes
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