2026 Affordability Data
Most Affordable Neighborhoods in Philadelphia - 2026 Data
The median home value in Philadelphia is $195,000, 31% below nat'l avg. Median rent is $1,862/month. With an affordability index of 67, Philadelphia is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Philadelphia, PA area.
Key Takeaways: Affordability in Philadelphia
- 1The most affordable neighborhood in Philadelphia is Fishtown, with a median home value of $350,000.
- 2Philadelphia's median home value is $195,000, 31% below nat'l avg (national: $281,900).
- 3Philadelphia's affordability index is 67 (baseline 100), making it less affordable than the national average.
- 4Median rent in Philadelphia is $1,862/month, 60% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Philadelphia to find the most affordable areas based on home values, rent, and affordability index.
Philadelphia Affordability Overview
Median Home Value
$195,000
31% below nat'l avg
Median Rent
$1,862/mo
60% above nat'l avg
Median Income
$45,927
38% below nat'l avg
Affordability Index
67
33% below nat'l avg
Most Affordable Neighborhoods in Philadelphia (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | FishtownPhiladelphia, PA | $350,000 |
| 2 | Northern LibertiesPhiladelphia, PA | $375,000 |
| 3 | Center CityPhiladelphia, PA | $340,000 |
| 4 | RittenhousePhiladelphia, PA | $425,000 |
| 5 | Oil CityPA | $59,900 |
| 6 | Quakertown boroughPA | $241,600 |
| 7 | MeadvillePA | $136,200 |
| 8 | ScrantonPA | $125,700 |
| 9 | Lower BurrellPA | $180,700 |
| 10 | Conshohocken boroughPA | $381,100 |
| 11 | Franklin Park boroughPA | $436,300 |
| 12 | EriePA | $101,500 |
| 13 | Kingston boroughPA | $146,700 |
| 14 | BethlehemPA | $220,300 |
| 15 | Whitehall boroughPA | $215,000 |
Detailed Neighborhood Profiles
Home Value: $350,000
Rent: $1,932/mo
Affordability: 129
Population: 18,000
Walk Score: 94/100
Home Value: $375,000
Rent: $2,033/mo
Affordability: 117
Population: 12,000
Walk Score: 93/100
Home Value: $340,000
Rent: $1,862/mo
Affordability: 67
Population: 65,000
Walk Score: 100/100
4
Home Value: $425,000
Rent: $1,760/mo
Affordability: 48
Population: 28,000
Walk Score: 99/100
5
Home Value: $59,900
Rent: $748/mo
Affordability: 158
Population: 9,599
Walk Score: 1/100
6
Home Value: $241,600
Rent: $748/mo
Affordability: 158
Population: 9,309
Walk Score: 1/100
7
Home Value: $136,200
Rent: $748/mo
Affordability: 158
Population: 12,929
Walk Score: 1/100
8
Home Value: $125,700
Rent: $748/mo
Affordability: 158
Population: 76,119
Walk Score: 1/100
9
Home Value: $180,700
Rent: $748/mo
Affordability: 158
Population: 11,701
Walk Score: 1/100
10
Home Value: $381,100
Rent: $748/mo
Affordability: 158
Population: 9,182
Walk Score: 1/100
11
Home Value: $436,300
Rent: $748/mo
Affordability: 158
Population: 15,305
Walk Score: 1/100
12
Home Value: $101,500
Rent: $748/mo
Affordability: 158
Population: 94,826
Walk Score: 1/100
13
Home Value: $146,700
Rent: $748/mo
Affordability: 158
Population: 13,317
Walk Score: 1/100
14
Home Value: $220,300
Rent: $748/mo
Affordability: 158
Population: 76,555
Walk Score: 1/100
15
Home Value: $215,000
Rent: $748/mo
Affordability: 158
Population: 14,909
Walk Score: 1/100
Frequently Asked Questions About Affordability in Philadelphia
What is the most affordable neighborhood in Philadelphia, PA?▾
Based on 2026 data, Fishtown is the most affordable neighborhood in Philadelphia with a median home value of $350,000. Kurby analyzed 15 neighborhoods in the Philadelphia area to compile these rankings.
What is the median home price in Philadelphia, PA?▾
The median home price in Philadelphia is $195,000, which is 31% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Philadelphia affordable compared to the national average?▾
Philadelphia has an affordability index of 67, which means housing is less 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 Philadelphia, PA?▾
The median monthly rent in Philadelphia is $1,862. This is 60% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Philadelphia?▾
The median household income in Philadelphia is $45,927 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 Philadelphia are below the national average home price?▾
9 out of 15 ranked neighborhoods in Philadelphia have a median home value below the national average of $281,900. The most affordable is Oil City at $59,900 (Source: Kurby, 2026).