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Affordable
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These days, finding an affordable place to live in the Highland Mills area can be challenging. Home prices in Highland Mills are now at a median cost of $603,271, lower than the New York average of $610,895.
The average cost of rent is $3,108/mo in Highland Mills, primarily driven by the current value of real estate in the Highland Mills area. In Highland Mills, 18.32% of households rent, and 33.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Highland Mills is $17,913 per month. Households that rent pay about 17.35% of their income on rent here. Highland Mills’s most expensive areas are in the central 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.
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