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These days, finding an affordable place to live in the East Otto area can be challenging. Home prices in East Otto are now at a median cost of $188,117, lower than the New York average of $610,895.
The average cost of rent is $858/mo in East Otto, primarily driven by the current value of real estate in the East Otto area. In East Otto, 18.18% of households rent, and 48.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in East Otto is $5,821 per month. Households that rent pay about 14.73% of their income on rent here. East Otto’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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- Maples, NY: equally priced homes
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Cities with Similar Populations
- Mumford, NY: equally priced homes
- Pecan Acres, TX: higher priced homes
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- New Market, IA: less expensive homes
- Neptune, OH: higher priced homes
- Nelson, WI: equally priced homes
- Neely, MS: less expensive homes
- Nashua, MT: higher priced homes
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