Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cortland area can be challenging. Home prices in Cortland are now at a median cost of $124,833, lower than the New York average of $481,023.
The average cost of rent is $867/mo in Cortland, primarily driven by the current value of real estate in the Cortland area. While nearly 41.06% of residents own their homes outright in Cortland, 47.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cortland is $5,203 per month. Households that rent pay about 16.66% of their income on rent here. Cortland's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Munsons Corners, NY: higher priced homes
- Blodgett Mills, NY: higher priced homes
- South Cortland, NY: higher priced homes
- Homer, NY: higher priced homes
- McGraw, NY: less expensive homes
- Mc Lean, NY: higher priced homes
- Virgil, NY: higher priced homes
- Summerhill, NY: higher priced homes
- East Homer, NY: higher priced homes
- Little York, NY: higher priced homes
Cities with Similar Populations
- Yorkville, IL: higher priced homes
- Alton, IL: less expensive homes
- Ashland, CA: higher priced homes
- Owosso, MI: equally priced homes
- Martinsville, VA: less expensive homes
- Maumelle, AR: higher priced homes
- Maywood, CA: higher priced homes
- McKeesport, PA: less expensive homes
- Meadville, PA: equally priced homes
- Mira Loma, CA: higher priced homes
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