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City · 5,788 residents · Montgomery County, Pennsylvania

Merion Station , Pennsylvania

In Merion Station, a typical home is worth $886,600 and typical rent is $2,461 a month. Compared with all of Montgomery County, typical household income is 119% higher, the typical home value is 103% higher, and the share of households that own their home is 18 points higher.

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  • Typical home value

    $886,600

    103% above the county

    248% above Pennsylvania

    • Merion Station
    • Montgomery
    • Pennsylvania

  • Typical rent

    $2,461a month

    46% above the county

    104% above Pennsylvania

    • Merion Station
    • Montgomery
    • Pennsylvania

  • Typical household income

    $250,001a year

    119% above the county

    221% above Pennsylvania

    • Merion Station
    • Montgomery
    • Pennsylvania

  • Households that own their home

    89%

    18 points above the county

    20 points above Pennsylvania

    • Merion Station
    • Montgomery
    • Pennsylvania

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$1,103,908
6.7% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Merion Station is in Montgomery County. The FHA loan limit ($630,200 for a one-unit home), the fair market rents and the help on this page are those of all of Montgomery County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Merion Station apart

What this place has that others do not, from public data, most unusual first.

  1. Merion Station has the highest typical household income of the 272 cities in Pennsylvania with more than 5,000 people: $250,001.

  2. Merion Station has the 3rd highest typical home value of the 273 cities in Pennsylvania with more than 5,000 people ($886,600).

  3. Nearby, in Lansdowne, the typical home value is $210,500: 76% less than in Merion Station ($886,600).

  4. Merion Station has the 5th highest typical rent of the 265 cities in Pennsylvania with more than 5,000 people ($2,461).

  5. Nearby, in Lansdowne, the typical rent is $1,304: 47% less than in Merion Station ($2,461).

  6. 89% of households in Merion Station own their home, against 71% in Montgomery County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Merion Station

What homes there are in Merion Station, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house rules in Merion Station: 85% of homes, more than in Montgomery County (53%).

Year built

Old homes abound here: at least half date from before 1940, and 86% were built before 1960.

Homes in Merion Station are bigger: 91% have 3 bedrooms or more; in Montgomery County, 67%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$3,825 a month

Montgomery County: $2,441 a month

Without a mortgage

$1,409 a month

Montgomery County: $936 a month

Owners with a mortgage

63%

Montgomery County: 66%

Owning costs more in Merion Station: with a mortgage, the typical cost is $3,825 a month; in Montgomery County, $2,441. Without one, $1,409.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The Census does not compare Merion Station with 2015–2019 because its boundaries changed. In Montgomery County, over that time, the typical home value rose 38%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureMerion StationMontgomery CountyPennsylvaniaUnited States
Rental vacancy Unreliable estimate5.5%4.9%5.5%
Homeowner vacancy Unreliable estimate0.8%0.8%0.9%
More than one person per room Unreliable estimate1.8%1.6%3.4%
People per household 2.922.522.392.53
Drive alone 42%64%68%69%
Carpool Unreliable estimate6%8%9%
Public transit 6%3%4%3%
Walk or bike Unreliable estimate2%4%3%
Work from home 44%23%16%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

More people live in each home here: 2.92 on average, against 2.52 in Montgomery County.

Many people here do not commute at all: 44% work from home; in Montgomery County, 23%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Merion Station?

A typical home costs more than the typical income allows

We start with a typical home in Merion Station, worth $886,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 37% of the typical household income in Merion Station, which is $250,001 a year. For that payment to be 28% of income, a household would need to earn about $327,273 a year. Note: at that price the loan is above the FHA limit for Montgomery County ($630,200), so FHA would not insure it; the payment is only a reference.

The calculator's FHA and conventional loan limits are those of all of Montgomery County.

Your numbers

Local data
$

Starts at the typical home value in Merion Station. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $31,031 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$7,636

at 7.18% · 30 years

Loan amount
$870,541
Total interest
$1,252,505
Paid off in
November 2056

Includes $14,972 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $5,833 a month

  • Tight

    $5,833 to $7,500 a month

  • Hard

    more than $7,500 a month

    Your payment · 37%

Compared with the typical household income in Merion Station ($250,001 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$7,636
Principal & interest$5,897
Property tax$835
Home insurance$369
FHA mortgage insurance (MIP)$535

This loan is over the FHA limit

You'd borrow $855,569, but the FHA limit for a one-unit home in Merion Station is $630,200. You'd need a bigger down payment or a different loan.

You need at least $31,031 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Merion Station and Montgomery County

Merion Station is in Montgomery County, Pennsylvania. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Merion Station's own numbers

Typical home value
$886,600
Typical monthly rent
$2,461
Typical yearly household income
$250,001
Households that own their home
89%
Effective property tax rate
1.13%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Montgomery County

FHA limit, one-unit home
$630,200
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,860
Price change over 5 years (FHFA)
+52%
Homes in a high flood-risk zone
0.9%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Montgomery County.

Everything about Montgomery County

Buying

Buying a home in Merion Station

A typical home in Merion Station is worth $886,600: 103% above the county and 248% above Pennsylvania. With the typical household income in Merion Station ($250,001 a year), a typical home costs 3.5 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Merion Station 3.5 years
  • Montgomery 3.8 years
  • Pennsylvania 3.3 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Montgomery County

According to FHFA’s house price index, home prices in Montgomery County rose 77% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Montgomery County.

Period County Pennsylvania U.S.
Last year (2025) +4.6% +4.7% +2.9%
5 years (2020–2025) +52% +48% +47%
10 years (2015–2025) +77% +77% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Merion Station next to Montgomery County, Pennsylvania and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Merion Station $886,600
  • Montgomery $436,700
  • Pennsylvania $254,500
  • United States $332,700
Typical monthly rent
  • Merion Station $2,461
  • Montgomery $1,683
  • Pennsylvania $1,209
  • United States $1,413
Typical yearly household income
  • Merion Station $250,001
  • Montgomery $113,915
  • Pennsylvania $77,971
  • United States $80,734
See the full table
Merion Station next to Montgomery County and Pennsylvania
Measure Merion Station Montgomery County Pennsylvania U.S.
Typical home value $886,600 $436,700 $254,500 $332,700
Typical monthly rent $2,461 $1,683 $1,209 $1,413
Typical yearly household income $250,001 $113,915 $77,971 $80,734
Households that own their home 89% 71% 69% 65%
Typical yearly property tax $10,001 $5,875 $3,311 $3,119
Effective property tax rate 1.13% 1.35% 1.3% 0.94%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Montgomery County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Merion Station

For a typical $886,600 home in Merion Station, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Merion Station's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $7,636a month

    Above the FHA limit for Montgomery County ($630,200)
    Down payment
    $31,031
    Cash to close
    $57,629
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $535

  • Conventional, 5% down $7,331a month

    Above the conventional limit for Montgomery County ($832,750): it would be a "jumbo" loan
    Down payment
    $44,330
    Cash to close
    $70,928
    Rate
    7.18%
    Mortgage insurance
    PMI · $421

  • Conventional, 20% down, no PMI $6,009a month

    Least cash to close
    Down payment
    $177,320
    Cash to close
    $203,918
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $6,829a month

    Down payment
    $132,990
    Cash to close
    $159,588
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is Conventional, 20% down, no PMI.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Merion Station and for Montgomery County.

Property tax

Effective rate in Merion Station

1.13%of the home’s value each year

$10,001 a year for the typical owner in Merion Station.

  • Merion Station 1.13%
  • Montgomery 1.35%
  • Pennsylvania 1.3%

What Pennsylvania publishes Property Tax/Rent Rebate Program (PTRR) (Pennsylvania Department of Revenue)

Exemptions and deadlines in Pennsylvania

Flood risk in Montgomery County

FEMA does not publish these numbers by city: they are for all of Montgomery County.

Homes in the high-risk zone
0.9%
2,407
Of those, with NFIP insurance
47%
County Pennsylvania U.S.
Homes in the high-risk zone 0.9% 2% 3.5%
Of those, with NFIP insurance 47% 23% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Merion Station

Typical rent in Merion Station is $2,461 a month: 46% above the county.

HUD publishes a fair market rent for all of Montgomery County, by unit size. To pay the 2-bedroom one ($1,860 a month) without spending more than 30% of your income, you would need to earn $35.77 an hour working full time.

HUD fair market rent for all of Montgomery County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,438 $27.65 $57,520
1 bedroom $1,558 $29.96 $62,320
2 bedrooms $1,860 $35.77 $74,400
3 bedrooms $2,216 $42.62 $88,640
4 bedrooms $2,445 $47.02 $97,800

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Merion Station

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Merion Station is in ZIP code 19066.

For 2 bedrooms it is $2,330: $470 more than the fair market rent for Montgomery County ($1,860).

  • 19066 $2,330$2,780

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Merion Station when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Merion Station

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 2 HUD-approved agencies with an office in Montgomery County; 1 says it serves in Spanish.

A man shakes hands with the specialist who helped him with his loan, in the kitchen of his new home.

HUD counseling is free or low-cost

Assistance programs in Merion Station

No down payment, repair or rent-help program on our list is for Merion Station or Montgomery County. The ones below are statewide in Pennsylvania: they work in Merion Station the same as in the rest of the state.

Which programs do I qualify for? All programs in Pennsylvania

Housing counselors near Merion Station

The HUD-approved agencies closest to the center of Merion Station, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Affordable Housing Centers of Pennsylvania - West Philadephia

    5901 Market Street, Suite 104, Philadephia · 3 miles away

    • Mortgage delinquency and default
    • Workshops for new owners
    • and 3 more
    (215) 765-1221

  • Affordable Housing Centers of Pennsylvania - Delaware County

    20 S 69th St, Upper Darby · 3 miles away · Spanish

    • Mortgage delinquency and default
    • Workshops for new owners
    • and 3 more
    (215) 765-1221

  • CCCS of Delaware Valley, Inc. DBA Clarifi

    8600 W Chester Pike, Upper Darby · 3 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 2 more
    (800) 989-2227

Every agency in Montgomery County All counseling agencies in Pennsylvania

Help in Spanish near Merion Station

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Merion Station

HUD’s record names them for Merion Station or Montgomery County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Montgomery County Housing Authority Public housing and Section 8 vouchers (610) 275-5720

All housing agencies in Pennsylvania Source: HUD

Cities

Other cities in Montgomery County

These cities are also in Montgomery County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Montgomery County Housing in Pennsylvania
See 20 more cities in Montgomery County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Merion Station, with the typical home value.

Neighboring counties

If Montgomery County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Merion Station.

All guides
Three generations of a family gather on the porch of their home.

Questions

Housing questions about Merion Station

Short answers with the numbers for Merion Station and all of Montgomery County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Merion Station?

The typical home value in Merion Station is $886,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Montgomery County it is $436,700.

How much does it cost to rent in Merion Station?

Typical rent in Merion Station is $2,461 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Montgomery County is $1,860.

What is the FHA loan limit in Merion Station?

Merion Station uses the FHA limit for all of Montgomery County (2026): $630,200 for a one-unit home and $1,211,950 for a four-unit home.

How much property tax do owners pay in Merion Station?

The typical homeowner in Merion Station pays $10,001 a year, according to the U.S. Census Bureau. That is 1.13% of the home’s value; in Montgomery County, the rate is 1.35%.

Where can I find free help to buy or rent in Merion Station?

There are 2 HUD-approved counseling agencies with an office in Montgomery County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).