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These days, finding an affordable place to live in the Babylon area can be challenging. Home prices in Babylon are now at a median cost of $673,780, higher than the New York average of $610,895.
The average cost of rent is $2,333/mo in Babylon, primarily driven by the current value of real estate in the Babylon area. In Babylon, 20.67% of households rent, and 32.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Babylon is $11,950 per month. Households that rent pay about 19.52% of their income on rent here. Babylon’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- West Islip, NY: equally priced homes
- West Babylon, NY: less expensive homes
- Lindenhurst, NY: less expensive homes
- North Babylon, NY: less expensive homes
- North Lindenhurst, NY: less expensive homes
- Copiague, NY: less expensive homes
- Brightwaters, NY: higher priced homes
- Baywood, NY: less expensive homes
- Wyandanch, NY: less expensive homes
- Deer Park, NY: less expensive homes
Cities with Similar Populations
- Kettering, MD: less expensive homes
- Berwyn, PA: higher priced homes
- Durham, NH: less expensive homes
- West Freehold, NJ: less expensive homes
- Wellington, CO: less expensive homes
- Bogart, GA: less expensive homes
- Weigelstown, PA: less expensive homes
- Waupun, WI: less expensive homes
- Bradford, PA: less expensive homes
- Pontotoc, MS: less expensive homes
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