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These days, finding an affordable place to live in the Italy area can be challenging. Home prices in Italy are now at a median cost of $152,609, lower than the New York average of $610,895.
The average cost of rent is $1,041/mo in Italy, primarily driven by the current value of real estate in the Italy area. In Italy, 14.53% of households rent, and 56.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Italy is $4,932 per month. Households that rent pay about 21.11% of their income on rent here. Italy’s most expensive areas are in the central 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
- Naples, NY: higher priced homes
- Ingleside, NY: equally priced homes
- Branchport, NY: higher priced homes
- Middlesex, NY: higher priced homes
- Prattsburgh, NY: less expensive homes
- Guyanoga, NY: higher priced homes
- Friend, NY: equally priced homes
- Vine Valley, NY: higher priced homes
- North Cohocton, NY: less expensive homes
- Pulteney, NY: higher priced homes
Cities with Similar Populations
- Shirley, NJ: higher priced homes
- Sharon, IA: equally priced homes
- Shawneetown, MO: higher priced homes
- Sherman, NM: equally priced homes
- Sherrett, PA: higher priced homes
- Sherwood, OK: higher priced homes
- Hetland, SD: equally priced homes
- Shields, IL: less expensive homes
- Shields, ND: less expensive homes
- Shadigee, NY: less expensive homes
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