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These days, finding an affordable place to live in the Cayuga Heights area can be challenging. Home prices in Cayuga Heights are now at a median cost of $462,411, lower than the New York average of $610,895.
The average cost of rent is $2,025/mo in Cayuga Heights, primarily driven by the current value of real estate in the Cayuga Heights area. In Cayuga Heights, 47.37% of households rent, and 59.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cayuga Heights is $10,612 per month. Households that rent pay about 19.08% of their income on rent here. Cayuga Heights’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern 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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