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Affordable
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These days, finding an affordable place to live in the Gray area can be challenging. Home prices in Gray are now at a median cost of $177,292, lower than the New York average of $610,895.
The average cost of rent is $826/mo in Gray, primarily driven by the current value of real estate in the Gray area. In Gray, 5.07% of households rent, and 56.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gray is $6,729 per month. Households that rent pay about 12.27% of their income on rent here. Gray’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
- Cold Brook, NY: higher priced homes
- Norway, NY: equally priced homes
- Ohio, NY: higher priced homes
- Newport, NY: equally priced homes
- Morehouseville, NY: higher priced homes
- Poland, NY: higher priced homes
- Grant, NY: higher priced homes
- Middleville, NY: equally priced homes
- North Gage, NY: higher priced homes
- Hinckley, NY: higher priced homes
Cities with Similar Populations
- Sheridan Lake, CO: higher priced homes
- Yellow Creek, NC: less expensive homes
- Changewater, NJ: higher priced homes
- Chapman, PA: higher priced homes
- Chapmans, OH: less expensive homes
- Charlestown, OH: less expensive homes
- Charlie Bluff, WI: higher priced homes
- Smithland, IN: higher priced homes
- Smithville Center, NY: equally priced homes
- Sorgho, KY: higher priced homes
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