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These days, finding an affordable place to live in the Hamilton area can be challenging. Home prices in Hamilton are now at a median cost of $253,781, lower than the New York average of $610,895.
The average cost of rent is $1,071/mo in Hamilton, primarily driven by the current value of real estate in the Hamilton area. In Hamilton, 33.22% of households rent, and 44.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hamilton is $5,787 per month. Households that rent pay about 18.51% of their income on rent here. Hamilton’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern 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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Cities with Similar Populations
- Obetz, OH: less expensive homes
- Pearl Harbor, HI: higher priced homes
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- Olivet, MI: less expensive homes
- Oconto, WI: less expensive homes
- Oceanport, NJ: higher priced homes
- Oceano, CA: higher priced homes
- Ocean Isle Beach, NC: higher priced homes
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