2026 Affordability Data
Most Affordable Neighborhoods in Oil City - 2026 Data
The median home value in Oil City is $59,900, 79% below nat'l avg. Median rent is $748/month. With an affordability index of 158, Oil City is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Oil City, PA area.
Key Takeaways: Affordability in Oil City
- 1The most affordable neighborhood in Oil City is Quakertown borough, with a median home value of $241,600.
- 2Oil City's median home value is $59,900, 79% below nat'l avg (national: $281,900).
- 3Oil City's affordability index is 158 (baseline 100), making it more affordable than the national average.
- 4Median rent in Oil City is $748/month, 36% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Oil City to find the most affordable areas based on home values, rent, and affordability index.
Oil City Affordability Overview
Median Home Value
$59,900
79% below nat'l avg
Median Rent
$748/mo
36% below nat'l avg
Median Income
$48,632
35% below nat'l avg
Affordability Index
158
58% above nat'l avg
Most Affordable Neighborhoods in Oil City (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | Quakertown boroughPA | $241,600 |
| 2 | HazletonPA | $119,700 |
| 3 | MeadvillePA | $136,200 |
| 4 | ScrantonPA | $125,700 |
| 5 | Lower BurrellPA | $180,700 |
| 6 | Conshohocken boroughPA | $381,100 |
| 7 | Franklin Park boroughPA | $436,300 |
| 8 | EriePA | $101,500 |
| 9 | Kingston boroughPA | $146,700 |
| 10 | BethlehemPA | $220,300 |
| 11 | Whitehall boroughPA | $215,000 |
| 12 | GreensburgPA | $160,600 |
| 13 | YorkPA | $92,600 |
| 14 | Wilkes-BarrePA | $98,200 |
| 15 | Monroeville municipalityPA | $182,600 |
Detailed Neighborhood Profiles
Home Value: $241,600
Rent: $748/mo
Affordability: 158
Population: 9,309
Walk Score: 1/100
Home Value: $119,700
Rent: $748/mo
Affordability: 158
Population: 29,671
Walk Score: 1/100
Home Value: $136,200
Rent: $748/mo
Affordability: 158
Population: 12,929
Walk Score: 1/100
4
Home Value: $125,700
Rent: $748/mo
Affordability: 158
Population: 76,119
Walk Score: 1/100
5
Home Value: $180,700
Rent: $748/mo
Affordability: 158
Population: 11,701
Walk Score: 1/100
6
Home Value: $381,100
Rent: $748/mo
Affordability: 158
Population: 9,182
Walk Score: 1/100
7
Home Value: $436,300
Rent: $748/mo
Affordability: 158
Population: 15,305
Walk Score: 1/100
8
Home Value: $101,500
Rent: $748/mo
Affordability: 158
Population: 94,826
Walk Score: 1/100
9
Home Value: $146,700
Rent: $748/mo
Affordability: 158
Population: 13,317
Walk Score: 1/100
10
Home Value: $220,300
Rent: $748/mo
Affordability: 158
Population: 76,555
Walk Score: 1/100
11
Home Value: $215,000
Rent: $748/mo
Affordability: 158
Population: 14,909
Walk Score: 1/100
12
Home Value: $160,600
Rent: $748/mo
Affordability: 158
Population: 14,876
Walk Score: 1/100
13
Home Value: $92,600
Rent: $748/mo
Affordability: 158
Population: 44,782
Walk Score: 1/100
14
Home Value: $98,200
Rent: $748/mo
Affordability: 158
Population: 44,123
Walk Score: 1/100
15
Home Value: $182,600
Rent: $748/mo
Affordability: 158
Population: 28,517
Walk Score: 1/100
Frequently Asked Questions About Affordability in Oil City
What is the most affordable neighborhood in Oil City, PA?▾
Based on 2026 data, Quakertown borough is the most affordable neighborhood in Oil City with a median home value of $241,600. Kurby analyzed 15 neighborhoods in the Oil City area to compile these rankings.
What is the median home price in Oil City, PA?▾
The median home price in Oil City is $59,900, which is 79% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Oil City affordable compared to the national average?▾
Oil City has an affordability index of 158, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Oil City, PA?▾
The median monthly rent in Oil City is $748. This is 36% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Oil City?▾
The median household income in Oil City is $48,632 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Oil City are below the national average home price?▾
13 out of 15 ranked neighborhoods in Oil City have a median home value below the national average of $281,900. The most affordable is Quakertown borough at $241,600 (Source: Kurby, 2026).