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Home»Real Estate»9 Most Affordable Places to Live in Pennsylvania in 2024
Real Estate

9 Most Affordable Places to Live in Pennsylvania in 2024

July 18, 2024No Comments4 Mins Read
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Pennsylvania is a state rich in history and natural beauty, offering a variety of landmarks and landscapes for its residents to enjoy. Whether you’re already living in the state or considering a move, staying within a budget is important when it comes to finding a home. The median home sale price in Pennsylvania is $298,400 as of July, but there are more affordable options available.

If you’re looking for the most affordable places to live in Pennsylvania, Redfin has compiled a list of 9 cities with median home sale prices below the state average. From Erie to Harrisburg, these cities offer affordable housing options for residents on a budget.

#1: Erie

Median home price: $136,250
Average sale price per square foot: $59
Average rent for a 1-bedroom apartment: $770
Median household income: $43,135
Erie is the most affordable city in Pennsylvania, with a median home sale price of $136,250. Located along Lake Erie, this city offers picturesque views and plenty of attractions to explore, such as the Erie Land Lighthouse and Presque Isle State Park.

#2: Harrisburg

Median home price: $164,000
Average sale price per square foot: $107
Average rent for a 1-bedroom apartment: $1,210
Median household income: $41,035
Harrisburg is another affordable option in Pennsylvania, with a median home price of $164,000. This city offers attractions like the Pennsylvania State Capitol and Wildwood Park for residents to enjoy.

#3: Scranton

Median home price: $173,750
Average sale price per square foot: $107
Average rent for a 1-bedroom apartment: $1,507
Median household income: $48,776
Scranton offers affordable housing options with a median home price of $173,750. Residents can enjoy attractions like Steamtown National Historic Site and Nay Aug Park in this charming city.

#4: Reading

Median home price: $180,000
Average sale price per square foot: $118
Average rent for a 1-bedroom apartment: $1,877
Median household income: $42,852
Reading is a slightly more expensive option with a median home price of $180,000. This city offers attractions like the Reading Pagoda and Santander Performing Arts Center for residents to enjoy.

#5: Pittsburgh

Median home price: $235,000
Average sale price per square foot: $179 
Average rent for a 1-bedroom apartment: $1,425
Median household income: $60,187
Pittsburgh offers affordable housing options with a median home price of $235,000. Residents can explore attractions like the Andy Warhol Museum and Phipps Conservatory and Botanical Gardens in this vibrant city.

#6: Lancaster

Median home price: $250,000
Average sale price per square foot: $173
Average rent for a 1-bedroom apartment: $1,597
Median household income: $61,014
Lancaster offers affordable housing options with a median home price of $250,000. Residents can explore attractions like Lancaster Central Market and North Museum of Nature and Science in this historic city.

#7: Allentown

Median home price: $250,000
Average sale price per square foot: $174
Average rent for a 1-bedroom apartment: $2,134
Median household income: $52,449
Allentown offers affordable housing options with a median home price of $250,000. Residents can explore attractions like the Allentown Art Museum and America On Wheels Museum in this bustling city.

#8: Philadelphia

Median home price: $269,950
Average sale price per square foot: $214
Average rent for a 1-bedroom apartment: $1,847
Median household income: $57,537
Philadelphia offers affordable housing options with a median home price of $269,950. Residents can explore iconic landmarks and attractions like Independence Hall, Reading Terminal Market, and the Rodin Museum in this vibrant city.

#9: Bethlehem

Median home price: $287,450
Average sale price per square foot: $184
Average rent for a 1-bedroom apartment: $1,742
Median household income: $62,072
Bethlehem offers affordable housing options with a median home price of $287,450. Residents can explore attractions like SteelStacks and Sand Island Park in this charming city.

Methodology: All cities must have over 50,000 residents per the US Census and have a median home sale price under the average median home sale price in Pennsylvania. Median home sale price and median sale price per square foot from the Redfin Data Center during July 2024. Average rental data from Rent.com August 2023. Population and median household income data sourced from the United States Census Bureau.

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