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Affordable
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These days, finding an affordable place to live in the Farmers Mills area can be challenging. Home prices in Farmers Mills are now at a median cost of $457,095, lower than the New York average of $610,895.
The average cost of rent is $1,971/mo in Farmers Mills, primarily driven by the current value of real estate in the Farmers Mills area. In Farmers Mills, 18.44% of households rent, and 49.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Farmers Mills is $11,519 per month. Households that rent pay about 17.11% of their income on rent here. Farmers Mills’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Stormville, NY: equally priced homes
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- Fishkill, NY: less expensive homes
- Poughquag, NY: equally priced homes
- Wappingers Falls, NY: less expensive homes
- Mahopac, NY: higher priced homes
- Patterson, NY: equally priced homes
Cities with Similar Populations
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- Radec, CA: higher priced homes
- Rainsburg, PA: less expensive homes
- Malden, IL: less expensive homes
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