The Most Affordable Neighborhoods in Five Corners, NY by Home Value

 

Five Corners, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Five Corners area can be challenging. Home prices in Five Corners are now at a median cost of $112,092, lower than the New York average of $481,023.

The average cost of rent is $747/mo in Five Corners, primarily driven by the current value of real estate in the Five Corners area. While nearly 43.65% of residents own their homes outright in Five Corners, 33.93% rent.

Housing affordability isn’t just about home prices, though. The average household income in Five Corners is $5,642 per month. Households that rent pay about 13.24% of their income on rent here. Five Corners's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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