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These days, finding an affordable place to live in the Fredonia area can be challenging. Home prices in Fredonia are now at a median cost of $189,094, lower than the New York average of $610,895.
The average cost of rent is $898/mo in Fredonia, primarily driven by the current value of real estate in the Fredonia area. In Fredonia, 39.46% of households rent, and 45.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fredonia is $5,018 per month. Households that rent pay about 17.90% of their income on rent here. Fredonia’s most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Van Buren Bay, NY: equally priced homes
- Laona, NY: less expensive homes
- Dunkirk, NY: less expensive homes
- Lamberton, NY: equally priced homes
- Shumla, NY: less expensive homes
- Lily Dale, NY: less expensive homes
- Sheridan, NY: equally priced homes
- Brocton, NY: less expensive homes
- Cassadaga, NY: less expensive homes
- Portland, NY: less expensive homes
Cities with Similar Populations
- Lake Elmo, MN: higher priced homes
- Rock Falls, IL: less expensive homes
- Rochester, IN: less expensive homes
- River Forest, IL: higher priced homes
- Ringwood, NJ: higher priced homes
- Leicester, NC: higher priced homes
- Le Mars, IA: higher priced homes
- Laurel, MT: higher priced homes
- Latonia, KY: equally priced homes
- Largo, MD: higher priced homes
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