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These days, finding an affordable place to live in the Geneseo area can be challenging. Home prices in Geneseo are now at a median cost of $247,632, lower than the New York average of $610,895.
The average cost of rent is $1,004/mo in Geneseo, primarily driven by the current value of real estate in the Geneseo area. In Geneseo, 46.05% of households rent, and 39.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Geneseo is $6,193 per month. Households that rent pay about 16.20% of their income on rent here. Geneseo’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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- Livonia Center, NY: equally priced homes
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- Wadsworth, NY: less expensive homes
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Cities with Similar Populations
- Jackson, WI: higher priced homes
- Rainbow City, AL: equally priced homes
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- Purcell, OK: less expensive homes
- Prospect, CT: higher priced homes
- Proctorville, OH: less expensive homes
- Princeton, IN: less expensive homes
- Willoughby Hills, OH: higher priced homes
- Portland, MI: less expensive homes
- Portland, IN: less expensive homes
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