
Home Price Key
These days, finding an affordable place to live in the Hermitage area can be challenging. Home prices in Hermitage are now at a median cost of $103,279, lower than the New York average of $481,023.
The average cost of rent is $773/mo in Hermitage, primarily driven by the current value of real estate in the Hermitage area. While nearly 49.67% of residents own their homes outright in Hermitage, 21.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hermitage is $5,430 per month. Households that rent pay about 14.23% of their income on rent here. Hermitage's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
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- Johnsonburg, NY: higher priced homes
- Tonawanda Indian Reservation, NY: equally priced homes
- Pike, NY: less expensive homes
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Cities with Similar Populations
- Martinsburg, IL: less expensive homes
- Maple Grove, VA: higher priced homes
- Maple Springs, NY: higher priced homes
- Marianna, MS: higher priced homes
- Marienthal, KS: less expensive homes
- Marietta, MN: less expensive homes
- Markham, MN: higher priced homes
- Marklesburg, PA: higher priced homes
- Marlborough, MI: less expensive homes
- Marley Mill, AL: higher priced homes
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