Similar to the surrounding areas, it's substantially less expensive compared to the rest of the nation. However it is a bit less expensive compared to the city of Buffalo.
Home prices
The cost of the median home in Port Allegany is $83,500. In comparison to the surrounding areas it is approximately $2,160 (2%) higher.Compared to the nation as a whole it is approximately $134,000 (61%) lower, and in comparison to the city of Buffalo it is approximately $6,300 (7%) lower.
Rents
The median rent in Port Allegany is $723 per month. In comparison to the surrounding areas it is about $88 (13%) higher.Compared to the rest of the country it is about $339 (31%) lower, and is about $53 (6%) lower compared to the city of Buffalo.
Nearby places
Roulette
Roulette is roughly 5 miles southeast from Port Allegany. Its real estate prices are somewhat less expensive. The median home value in Roulette is $68,900, which is $14,600 (21%) lower than Port Allegany. Rent there is somewhat more expensive. Roulette's median rent is $875 per month, which comes out to $152 (17%) higher than Port Allegany.
Smethport
Smethport is about 7 miles west from Port Allegany. The real estate prices there are somewhat more expensive. Smethport's median home value is $90,300, which works out to $6,800 (7%) higher than Port Allegany. Rent there is somewhat less expensive. In Smethport the median rent is $688 per month, which comes out to $35 (5%) lower than Port Allegany.
Eldred
Eldred is about 10 miles northwest of Port Allegany. Real estate prices there are similar. Eldred's median home value is $81,100, which works out to $2,400 (2%) lower than Port Allegany. Rents there are significantly less expensive. Eldred's median monthly rent is $430, which is $293 (68%) lower than Port Allegany.
Shinglehouse
Shinglehouse is approximately 10 miles north of Port Allegany. Real estate prices there are a little less expensive. The median home in Shinglehouse costs $76,000, which comes out to $7,500 (9%) lower than Port Allegany. Rents there are substantially less expensive. In Shinglehouse the median monthly rent is $506, which works out to $217 (42%) lower than Port Allegany.
Coudersport
Coudersport is about 11 miles east of Port Allegany. The real estate prices there are a bit more expensive. The median home cost in Coudersport is $90,400, which is $6,900 (7%) higher than Port Allegany. The rent there is somewhat less expensive. The median rent in Coudersport is $676 a month, which is $47 (6%) lower than Port Allegany.