The Most Affordable Neighborhoods in Hopkinton, NY by Home Value

 

Hopkinton, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Hopkinton area can be challenging. Home prices in Hopkinton are now at a median cost of $76,835, lower than the New York average of $481,023.

The average cost of rent is $1,029/mo in Hopkinton, primarily driven by the current value of real estate in the Hopkinton area. While nearly 47.89% of residents own their homes outright in Hopkinton, 8.98% rent.

Housing affordability isn’t just about home prices, though. The average household income in Hopkinton is $4,623 per month. Households that rent pay about 22.26% of their income on rent here. Hopkinton's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.


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