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These days, finding an affordable place to live in the Latham area can be challenging. Home prices in Latham are now at a median cost of $357,556, lower than the New York average of $610,895.
The average cost of rent is $1,754/mo in Latham, primarily driven by the current value of real estate in the Latham area. In Latham, 31.36% of households rent, and 42.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Latham is $9,669 per month. Households that rent pay about 18.14% of their income on rent here. Latham’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Watervliet, NY: less expensive homes
- Cohoes, NY: less expensive homes
- Green Island, NY: less expensive homes
- Colonie, NY: less expensive homes
- Menands, NY: less expensive homes
- Troy, NY: less expensive homes
- Albany, NY: less expensive homes
- Waterford, NY: less expensive homes
- Westmere, NY: equally priced homes
- Clifton Park, NY: equally priced homes
Cities with Similar Populations
- Acton, MA: higher priced homes
- Albany, CA: higher priced homes
- Alvarado, TX: less expensive homes
- Oroville, CA: less expensive homes
- Pleasant Prairie, WI: equally priced homes
- Pittsburg, KS: less expensive homes
- Pinole, CA: higher priced homes
- Petal, MS: less expensive homes
- Perry, GA: less expensive homes
- Penfield, NY: less expensive homes
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