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These days, finding an affordable place to live in the Bolivar area can be challenging. Home prices in Bolivar are now at a median cost of $75,912, lower than the New York average of $610,895.
The average cost of rent is $653/mo in Bolivar, primarily driven by the current value of real estate in the Bolivar area. In Bolivar, 28.65% of households rent, and 63.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bolivar is $4,737 per month. Households that rent pay about 13.78% of their income on rent here. Bolivar’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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