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These days, finding an affordable place to live in the Chatham area can be challenging. Home prices in Chatham are now at a median cost of $362,064, lower than the New York average of $610,895.
The average cost of rent is $1,112/mo in Chatham, primarily driven by the current value of real estate in the Chatham area. In Chatham, 24.08% of households rent, and 55.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chatham is $7,408 per month. Households that rent pay about 15.01% of their income on rent here. Chatham’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- New Concord, NY: equally priced homes
- Ghent, NY: equally priced homes
- Spencertown, NY: higher priced homes
- Old Chatham, NY: higher priced homes
- East Chatham, NY: equally priced homes
- West Copake, NY: equally priced homes
- Kinderhook, NY: less expensive homes
- Valatie, NY: equally priced homes
- Austerlitz, NY: higher priced homes
- Niverville, NY: equally priced homes
Cities with Similar Populations
- Gibsonburg, OH: less expensive homes
- La Salle, MI: less expensive homes
- Leonard, TX: less expensive homes
- Wolcott, NY: less expensive homes
- West Ocean City, MD: higher priced homes
- Thiensville, WI: equally priced homes
- Stockton, NJ: higher priced homes
- South Charleston, OH: less expensive homes
- Minoa, NY: less expensive homes
- Minford, OH: less expensive homes
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