Rent vs. Buy in Susquehanna County, PA

Should you rent or buy in Susquehanna County? Here are the numbers.

Median Home Price

$199,000

Median Rent

$855/mo

Price-to-Rent Ratio

19.4x

Homeownership Rate

78.5%

Monthly Cost Comparison

Buying (20% down, 6.5% rate)

Mortgage (P&I)$1,006
Property Tax$197
Insurance$66

Total Monthly$1,269

Renting

Monthly Rent$855
Renter's Insurance$25

Total Monthly$880

In Susquehanna County, buying costs approximately $414/mo more than renting. This doesn't account for equity buildup, tax deductions, or home appreciation.

About Susquehanna County, Pennsylvania

Susquehanna County in Pennsylvania has a median household income of $63,968 and an effective property tax rate of 1.2%. With a price-to-rent ratio of 19.4x, the rent-vs-buy decision is nuanced and depends on your timeline.

These are starting estimates based on county-level medians. Your actual costs depend on the specific property, your credit score, down payment, and dozens of other variables. Our Monte Carlo simulation models 10,000 scenarios to give you probability-weighted answers, not single-point estimates.

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Other Counties in Pennsylvania

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Federal Housing Finance Agency. Estimates are based on county-level medians and may not reflect specific neighborhoods or property types. This is not financial advice — consult a licensed professional before making housing decisions.