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Affordable
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These days, finding an affordable place to live in the Bemus Point area can be challenging. Home prices in Bemus Point are now at a median cost of $274,557, lower than the New York average of $610,895.
The average cost of rent is $948/mo in Bemus Point, primarily driven by the current value of real estate in the Bemus Point area. In Bemus Point, 11.91% of households rent, and 49.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bemus Point is $8,305 per month. Households that rent pay about 11.41% of their income on rent here. Bemus Point’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
- Patrick, SC: less expensive homes
- Minot, ME: equally priced homes
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- Parish, NY: less expensive homes
- Ridge Spring, SC: less expensive homes
- Callaway, VA: equally priced homes
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