The Most Affordable Neighborhoods in Cayuga, NY by Home Value

These days, finding an affordable place to live in the Cayuga area can be challenging. Home prices in Cayuga are now at a median cost of $170,559, lower than the New York average of $610,895.

The average cost of rent is $917/mo in Cayuga, primarily driven by the current value of real estate in the Cayuga area. In Cayuga, 14.48% of households rent, and 45.33% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Cayuga is $7,857 per month. Households that rent pay about 11.67% of their income on rent here. Cayuga’s most expensive areas are in the southeastern 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.

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