Rent is lower than in 86% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $41,080 a year. That is $20 an hour at a full-time job.
Is rent cheaper than other Pennsylvania cities?
Yes. Rent here is cheaper than in most of Pennsylvania. It is number 55 of 269 cities from cheapest to most expensive.
How much do households earn in Palmerton?
Share of households by yearly income. 19.2% of households earn $100,000 or more.
Rent by apartment size in Palmerton
| Size | Palmerton | U.S. average |
|---|---|---|
| 2 bedrooms | $1,084 | $1,509 |
| 3 bedrooms | $1,045 | $1,698 |
| 4 bedrooms | $2,227 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Palmerton 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 Palmerton, so the Pennsylvania figure is shown.
Taxes and bills in Palmerton
Life in Palmerton
Is it cheaper to rent or buy in Palmerton?
Renting is cheaper right now: about $222 a month less.
Owning assumes a typical $180,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,000 for the down payment.
Frequently asked questions
What is the average rent in Palmerton, PA?
Renting in Palmerton costs a median of about $1,027 a month in 2026, including utilities. The Pennsylvania median is $1,367.
How much do I need to make to live in Palmerton?
To keep rent under 30% of income, you need about $41,080 a year, or $20 an hour at a full-time job.
Is Palmerton cheap or expensive?
Palmerton is rated Cheap: rent takes 16.8% of the typical household income of $73,492. It ranks 55th cheapest of 269 Pennsylvania cities we track.
How much are property taxes in Palmerton?
The median homeowner in Palmerton pays $3,085 a year in property taxes, about 1.71% of the median home value.
Is Palmerton 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 Palmerton?
The median home value in Palmerton is $180,000, about 2.4 times the typical yearly household income.
5,622 people live in Palmerton. Numbers are typical (middle) values.