Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Armonk area can be challenging. Home prices in Armonk are now at a median cost of $983,760, higher than the New York average of $481,023.
The average cost of rent is $2,518/mo in Armonk, primarily driven by the current value of real estate in the Armonk area. While nearly 28.08% of residents own their homes outright in Armonk, 8.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in Armonk is $18,263 per month. Households that rent pay about 13.79% of their income on rent here. Armonk's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Thornwood, NY: less expensive homes
- Chappaqua, NY: less expensive homes
- Pleasantville, NY: less expensive homes
- Mount Kisco, NY: less expensive homes
- Bedford, NY: equally priced homes
- Hawthorne, NY: less expensive homes
- Valhalla, NY: less expensive homes
- Millwood, NY: less expensive homes
- Briarcliff Manor, NY: less expensive homes
- Bedford Hills, NY: less expensive homes
Cities with Similar Populations
- Joshua Tree, CA: less expensive homes
- Lodi, WI: less expensive homes
- Lochbuie, CO: less expensive homes
- Litchfield, IL: less expensive homes
- Lisbon, OH: less expensive homes
- Lincroft, NJ: less expensive homes
- Ligonier, IN: less expensive homes
- Lawton, MI: less expensive homes
- Lawrence, NY: equally priced homes
- Lauderdale-by-the-Sea, FL: less expensive homes
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