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These days, finding an affordable place to live in the Corning area can be challenging. Home prices in Corning are now at a median cost of $138,494, lower than the New York average of $481,023.
The average cost of rent is $873/mo in Corning, primarily driven by the current value of real estate in the Corning area. While nearly 41.48% of residents own their homes outright in Corning, 32.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in Corning is $5,626 per month. Households that rent pay about 15.53% of their income on rent here. Corning's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- South Corning, NY: higher priced homes
- Riverside, NY: less expensive homes
- East Corning, NY: higher priced homes
- Gang Mills, NY: higher priced homes
- Painted Post, NY: equally priced homes
- Ferenbaugh, NY: less expensive homes
- West Caton, NY: higher priced homes
- Big Flats, NY: higher priced homes
- Erwins, NY: higher priced homes
- Caton, NY: higher priced homes
Cities with Similar Populations
- Budd Lake, NJ: higher priced homes
- Ardmore, PA: higher priced homes
- Artondale, WA: higher priced homes
- Wilkinsburg, PA: less expensive homes
- Newton, NJ: higher priced homes
- New Cassel, NY: higher priced homes
- New Hartford, NY: higher priced homes
- New Kensington, PA: less expensive homes
- New Paltz, NY: higher priced homes
- Newberry, FL: higher priced homes
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