How much do homeowners pay a month in Melrose Park, PA?

Name: Homeowner costs in Melrose Park, PA, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

Homeowners with a mortgage in Melrose Park, PA pay a median of $3,208 (±$712) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $1,500 or more.

52.9% of owned homes carry a mortgage.

Figures last updated on November 12, 2026.

With a mortgage: $3,208 (±$712)
Without a mortgage: $1,500 or more
Owned with a mortgage: 52.9%

Monthly owner costs in Melrose Park

Median selected monthly owner costs, estimate (90% margin of error)
	Melrose Park	Montgomery County	Pennsylvania	United States
With a mortgage	$3,208 (±$712)	$2,441 (±$22)	$1,762 (±$6)	$1,963
Without a mortgage	$1,500 or more	$936 (±$12)	$644 (±$3)	$638
Owned homes with a mortgage	52.9% (±11.2 points)	66.0% (±0.7 points)	58.0% (±0.2 points)	60.6%
Median real estate taxes (a year)	$10,000 or more	$5,875 (±$49)	$3,311 (±$12)	$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In Melrose Park, the median cost with a mortgage is higher than in Montgomery County ($2,441).

It is also higher than in Pennsylvania ($1,762).

It is higher than the national figure ($1,963).

In Montgomery County, Melrose Park ranks 7 of 43 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 15 of 382.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Median monthly cost with a mortgage in places near Melrose Park

Nearest places with a published estimate, compared with Melrose Park
Place	Distance	Median monthly cost with a mortgage	Compared with this place
Melrose Park	—	$3,208 (±$712)	—
Oak Lane	0.9 mi	$2,636 (±$133)	Not measurably different
Elkins Park	0.9 mi	$2,897 (±$137)	Not measurably different
McKinley	1.6 mi	$2,181 (±$716)	Lower
Cheltenham Village	1.8 mi	$2,667 (±$211)	Not measurably different
Wyncote	2.1 mi	$3,269 (±$161)	Not measurably different
Jenkintown	2.2 mi	$3,143 (±$414)	Not measurably different
Rockledge	2.4 mi	$2,063 (±$145)	Lower
Glenside	3.0 mi	$2,395 (±$166)	Lower

Nearby places with a measurably lower figure: McKinley, PA ($2,181), Rockledge, PA ($2,063), Glenside, PA ($2,395).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Montgomery County, place by place

Rank	Place	Median monthly cost with a mortgage
1	Wynnewood	$3,853 (±$597)
2	Merion Station	$3,825 (±$301)
3	Bala Cynwyd	$3,610 (±$417)
4	Spring House	$3,590 (±$556)
5	Wyncote	$3,269 (±$161)
6	Rosemont	$3,268 (±$329)
7	Melrose Park	$3,208 (±$712)
8	Woxall	$3,149 (±$254)
9	Penn Wynne	$2,934 (±$325)
10	Elkins Park	$2,897 (±$137)
11	Flourtown	$2,849 (±$85)
12	Fort Washington	$2,836 (±$174)
13	Evansburg	$2,832 (±$441)

Showing 13 of 43 places in Montgomery County, ranked from highest to lowest.

Melrose Park is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Cheltenham Township, whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Melrose Park

What is the average mortgage payment in Melrose Park?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Melrose Park, PA is $3,208 (±$712) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Melrose Park?

Owners without a mortgage in Melrose Park pay a median of $1,500 or more a month in taxes, insurance, utilities and fees.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Melrose Park CDP, Pennsylvania (place:48600, in state:42).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.