Home Price Key
Affordable
Average
Expensive
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 $112,355, lower than the New York average of $481,023.
The average cost of rent is $939/mo in Gray, primarily driven by the current value of real estate in the Gray area. While nearly 56.52% of residents own their homes outright in Gray, 11.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gray is $5,341 per month. Households that rent pay about 17.58% of their income on rent here. Gray's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Cold Brook, NY: higher priced homes
- Norway, NY: equally priced homes
- Ohio, NY: equally priced homes
- Newport, NY: higher priced homes
- Morehouseville, NY: equally priced homes
- Poland, NY: higher priced homes
- Grant, NY: higher priced homes
- Middleville, NY: higher 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: equally priced homes
- Changewater, NJ: higher priced homes
- Chapman, PA: higher priced homes
- Chapmans, OH: higher priced homes
- Charlestown, OH: less expensive homes
- Charlie Bluff, WI: higher priced homes
- Smithland, IN: higher priced homes
- Smithville Center, NY: higher priced homes
- Sorgho, KY: higher priced homes
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