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These days, finding an affordable place to live in the Farmingdale area can be challenging. Home prices in Farmingdale are now at a median cost of $559,295, lower than the New York average of $610,895.
The average cost of rent is $2,655/mo in Farmingdale, primarily driven by the current value of real estate in the Farmingdale area. In Farmingdale, 25.09% of households rent, and 37.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Farmingdale is $11,522 per month. Households that rent pay about 23.04% of their income on rent here. Farmingdale’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- South Farmingdale, NY: equally priced homes
- East Farmingdale, NY: equally priced homes
- Plainedge, NY: higher priced homes
- North Massapequa, NY: higher priced homes
- Bethpage, NY: equally priced homes
- Old Bethpage, NY: higher priced homes
- North Amityville, NY: less expensive homes
- Massapequa Park, NY: higher priced homes
- Levittown, NY: equally priced homes
- Plainview, NY: higher priced homes
Cities with Similar Populations
- Williamston, SC: less expensive homes
- Beebe, AR: less expensive homes
- Bellbrook, OH: less expensive homes
- Belle Mead, NJ: higher priced homes
- Bellefontaine Neighbors, MO: less expensive homes
- Bellevue, OH: less expensive homes
- Belmont, MI: less expensive homes
- Berlin, NJ: less expensive homes
- Bernalillo, NM: less expensive homes
- Brandenburg, KY: less expensive homes
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