
Home Price Key
These days, finding an affordable place to live in the Bombay area can be challenging. Home prices in Bombay are now at a median cost of $95,312, lower than the New York average of $481,023.
The average cost of rent is $687/mo in Bombay, primarily driven by the current value of real estate in the Bombay area. While nearly 66.65% of residents own their homes outright in Bombay, 46.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bombay is $3,276 per month. Households that rent pay about 20.98% of their income on rent here. Bombay's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
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Cities with Similar Populations
- Danube, MN: higher priced homes
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- Wilbanks, NC: higher priced homes
- Chester, TX: higher priced homes
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