Home Price Key
Affordable
Average
Expensive
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 $395,963, lower than the New York average of $481,023.
The average cost of rent is $1,735/mo in Farmers Mills, primarily driven by the current value of real estate in the Farmers Mills area. While nearly 45.07% of residents own their homes outright in Farmers Mills, 12.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in Farmers Mills is $11,618 per month. Households that rent pay about 14.93% 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.
Nearby Cities
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- Mahopac, NY: equally priced homes
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Cities with Similar Populations
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- Malden, IL: less expensive homes
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