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Affordable
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These days, finding an affordable place to live in the Binghamton area can be challenging. Home prices in Binghamton are now at a median cost of $770,822, lower than the California average of $812,006.
The average cost of rent is $1,255/mo in Binghamton, primarily driven by the current value of real estate in the Binghamton area. In Binghamton, 24.91% of households rent, and 40.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Binghamton is $8,002 per month. Households that rent pay about 15.68% of their income on rent here. Binghamton’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Elmira, CA: equally priced homes
- Dixon, CA: less expensive homes
- Travis Afb, CA: less expensive homes
- Denverton, CA: less expensive homes
- Vacaville, CA: less expensive homes
- Yolano, CA: higher priced homes
- Howard Landing, CA: less expensive homes
- Suisun City, CA: less expensive homes
- Paintersville, CA: equally priced homes
- Fairfield, CA: less expensive homes
Cities with Similar Populations
- West Augusta, VA: less expensive homes
- Gluek, MN: less expensive homes
- Ophir, OR: less expensive homes
- Oplin, TX: less expensive homes
- Glenfawn, TX: less expensive homes
- Weldon, LA: less expensive homes
- Wellington Heights, WV: less expensive homes
- Glen Allan, MS: less expensive homes
- Gladden, MO: less expensive homes
- Gilark, LA: less expensive homes
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