It’s more affordable to buy in the Philadelphia area

According to Trulia’s 2011 Rent vs. Buy Index, it’s more affordable to buy than rent in the Philadelphia area. The Rent:Buy ratio, according to Trulia’s study, is 12. The median monthly rental price for a 2 bedroom apartment is $1,000-$1,500 while the median purchase price ranges between $200,000-$300,000. The Philadelphia area is experiencing a job growth of 2% and the unemployment rate is currently 9%. Here is the map, provided by Trulia. View the interactive map here.



About Coldwell Banker Realty Corp
Coldwell Banker Realty Corp is "First in Service" with all of your Montgomery, Bucks, Chester, Delaware and Philadelphia county real estate needs! Our award-winning relocation department and buyer's and seller's agents are always available to assist you.

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