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These days, finding an affordable place to live in the Katonah area can be challenging. Home prices in Katonah are now at a median cost of $937,503, higher than the New York average of $610,895.
The average cost of rent is $2,440/mo in Katonah, primarily driven by the current value of real estate in the Katonah area. In Katonah, 12.03% of households rent, and 35.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Katonah is $18,822 per month. Households that rent pay about 12.96% of their income on rent here. Katonah’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern 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
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