
Home Price Key
These days, finding an affordable place to live in the Laphams Mills area can be challenging. Home prices in Laphams Mills are now at a median cost of $159,884, lower than the New York average of $481,023.
The average cost of rent is $1,078/mo in Laphams Mills, primarily driven by the current value of real estate in the Laphams Mills area. While nearly 37.28% of residents own their homes outright in Laphams Mills, 15.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in Laphams Mills is $8,482 per month. Households that rent pay about 12.71% of their income on rent here. Laphams Mills's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
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