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These days, finding an affordable place to live in the Beacon area can be challenging. Home prices in Beacon are now at a median cost of $446,293, lower than the New York average of $610,895.
The average cost of rent is $1,821/mo in Beacon, primarily driven by the current value of real estate in the Beacon area. In Beacon, 41.36% of households rent, and 36.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Beacon is $8,354 per month. Households that rent pay about 21.79% of their income on rent here. Beacon’s most expensive areas are in the southern 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
- Newburgh, NY: less expensive homes
- Fishkill, NY: less expensive homes
- Cold Spring, NY: higher priced homes
- Nelsonville, NY: higher priced homes
- Cornwall On Hudson, NY: equally priced homes
- New Windsor, NY: less expensive homes
- Cornwall, NY: equally priced homes
- Orange Lake, NY: less expensive homes
- Wappingers Falls, NY: less expensive homes
- Marlboro, NY: less expensive homes
Cities with Similar Populations
- Port Wentworth, GA: less expensive homes
- Melville, NY: higher priced homes
- Walterboro, SC: less expensive homes
- Mckinleyville, CA: equally priced homes
- Cantonment, FL: less expensive homes
- Riverton, NJ: less expensive homes
- Cedarburg, WI: equally priced homes
- Santa Rosa Beach, FL: higher priced homes
- Prineville, OR: equally priced homes
- Chardon, OH: less expensive homes
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