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These days, finding an affordable place to live in the Cherry Creek area can be challenging. Home prices in Cherry Creek are now at a median cost of $111,805, lower than the New York average of $610,895.
The average cost of rent is $838/mo in Cherry Creek, primarily driven by the current value of real estate in the Cherry Creek area. In Cherry Creek, 19.59% of households rent, and 61.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cherry Creek is $4,798 per month. Households that rent pay about 17.47% of their income on rent here. Cherry Creek’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Thornton, NY: equally priced homes
- Leon, NY: equally priced homes
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- South Dayton, NY: equally priced homes
- Clear Creek, NY: higher priced homes
- Conewango, NY: higher priced homes
- Conewango Valley, NY: equally priced homes
- Charlotte Center, NY: equally priced homes
- East Leon, NY: equally priced homes
- Gerry, NY: higher priced homes
Cities with Similar Populations
- Karlstad, MN: higher priced homes
- Morganza, LA: higher priced homes
- Morgan, PA: higher priced homes
- Mitchell, MS: higher priced homes
- Minneola, KS: equally priced homes
- Mahaffey, PA: equally priced homes
- Lenwood, CA: higher priced homes
- Lake Murray Shores, SC: higher priced homes
- Lake, LA: higher priced homes
- Ladonia, TX: higher priced homes
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