Rent is lower than in 55% of U.S. cities. A typical house costs about 3.4 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $61,560 a year. That is $30 an hour at a full-time job.
Is rent cheaper than other Pennsylvania cities?
No. Rent here is more expensive than in most of Pennsylvania. It is number 172 of 269 cities from cheapest to most expensive.
How much do households earn in Downingtown?
Share of households by yearly income. 33.3% of households earn $100,000 or more.
Rent by apartment size in Downingtown
| Size | Downingtown | U.S. average |
|---|---|---|
| Studio | $1,044 | $1,338 |
| 1 bedroom | $1,449 | $1,324 |
| 2 bedrooms | $1,639 | $1,509 |
| 3 bedrooms | $2,040 | $1,698 |
| 4 bedrooms | $3,243 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Downingtown overall?
Everyday prices in Pennsylvania overall are 2% below the U.S. average (index 97.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Downingtown, so the Pennsylvania figure is shown.
Taxes and bills in Downingtown
Life in Downingtown
Is it cheaper to rent or buy in Downingtown?
Renting is cheaper right now: about $916 a month less.
Owning assumes a typical $353,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $35,380 for the down payment.
Frequently asked questions
What is the average rent in Downingtown, PA?
Renting in Downingtown costs a median of about $1,539 a month in 2026, including utilities. The Pennsylvania median is $1,367.
How much do I need to make to live in Downingtown?
To keep rent under 30% of income, you need about $61,560 a year, or $30 an hour at a full-time job.
Is Downingtown cheap or expensive?
Downingtown is rated Cheap: rent takes 17.8% of the typical household income of $103,782. It ranks 172nd cheapest of 269 Pennsylvania cities we track.
How much are property taxes in Downingtown?
The median homeowner in Downingtown pays $4,583 a year in property taxes, about 1.30% of the median home value.
Is Downingtown more expensive than the national average?
Overall prices in Pennsylvania are 2% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Downingtown?
The median home value in Downingtown is $353,800, about 3.4 times the typical yearly household income.
8,255 people live in Downingtown. Numbers are typical (middle) values.