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These days, finding an affordable place to live in the Cobbs Hill area can be challenging. Home prices in Cobbs Hill are now at a median cost of $300,945, higher than the Rochester average of $214,658.
The average cost of rent is $1,300/mo in Cobbs Hill, primarily driven by the current value of real estate in the Cobbs Hill area. In Cobbs Hill, 40.78% of households rent, and 46.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cobbs Hill is $8,715 per month. Households that rent pay about 14.91% of their income on rent here. Cobbs Hill’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Roselawn, Brighton, NY: equally priced homes
- Park Avenue, Rochester, NY: higher priced homes
- Browncroft, Rochester, NY: less expensive homes
- East Avenue, Rochester, NY: higher priced homes
- Culver-Winton, Rochester, NY: less expensive homes
- Pearl-Meigs-Monroe, Rochester, NY: less expensive homes
- Ellwanger-Barry, Rochester, NY: less expensive homes
- Beechwood, Rochester, NY: less expensive homes
- South Wedge, Rochester, NY: less expensive homes
- South Marketview Heights, Rochester, NY: less expensive homes
Neighborhoods with Similar Populations
- Talus, Issaquah, WA: higher priced homes
- Hainesville, Martinsburg, WV: less expensive homes
- Provost, Provo, UT: higher priced homes
- Mercer Heights, Mercer Island, WA: higher priced homes
- Merrill Park, Milwaukee, WI: less expensive homes
- Midtown Savannah, Savannah, GA: equally priced homes
- Prince Tucson, Tucson, AZ: higher priced homes
- Summit Ridge at West Meadows, Dakota Ridge, CO: higher priced homes
- Fondren Gardens, Houston, TX: less expensive homes
- Minshall Park, Tulsa, OK: less expensive homes
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