Affordable
Expensive
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These days, finding an affordable place to live in the Central Business District-Rochester area can be challenging. Home prices in Central Business District-Rochester are now at a median cost of $509,974, higher than the Rochester average of $214,658.
The average cost of rent is $1,309/mo in Central Business District-Rochester, primarily driven by the current value of real estate in the Central Business District-Rochester area. In Central Business District-Rochester, 91.81% of households rent, and 16.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Central Business District-Rochester is $3,879 per month. Households that rent pay about 33.74% of their income on rent here. Central Business District-Rochester’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Corn Hill, Rochester, NY: less expensive homes
- Upper Falls, Rochester, NY: less expensive homes
- South Marketview Heights, Rochester, NY: less expensive homes
- Pearl-Meigs-Monroe, Rochester, NY: less expensive homes
- South Wedge, Rochester, NY: less expensive homes
- East Avenue, Rochester, NY: less expensive homes
- La Avenida, Rochester, NY: less expensive homes
- Ellwanger-Barry, Rochester, NY: less expensive homes
- Park Avenue, Rochester, NY: less expensive homes
- Plymouth-Exchange, Rochester, NY: less expensive homes
Neighborhoods with Similar Populations
- Deercreek, Jacksonville, FL: less expensive homes
- Signature Lakes, Horizon West, FL: less expensive homes
- Silver Swan, Milwaukee, WI: less expensive homes
- South Main Street Historic District, Middletown, OH: less expensive homes
- South Shore Harbour and Marina, League City, TX: less expensive homes
- Southeast Mill Creek, Salem, OR: equally priced homes
- Stratford Hills, Richmond, VA: less expensive homes
- Downtown Ashland, Ashland, OH: less expensive homes
- Disaster City, College Station, TX: equally priced homes
- Evergreen Meadows, Evergreen, CO: higher priced homes
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