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These days, finding an affordable place to live in the East Frankfort area can be challenging. Home prices in East Frankfort are now at a median cost of $281,189, lower than the New York average of $610,895.
The average cost of rent is $813/mo in East Frankfort, primarily driven by the current value of real estate in the East Frankfort area. In East Frankfort, 12.06% of households rent, and 38.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in East Frankfort is $10,102 per month. Households that rent pay about 8.05% of their income on rent here. East Frankfort’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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