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Affordable
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These days, finding an affordable place to live in the Laurel area can be challenging. Home prices in Laurel are now at a median cost of $870,800, higher than the New York average of $610,895.
The average cost of rent is $1,474/mo in Laurel, primarily driven by the current value of real estate in the Laurel area. In Laurel, 15.31% of households rent, and 60.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Laurel is $11,561 per month. Households that rent pay about 12.75% of their income on rent here. Laurel’s most expensive areas are in the central 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
- Jamesport, NY: less expensive homes
- Mattituck, NY: less expensive homes
- Cutchogue, NY: higher priced homes
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- Shinnecock Hills, NY: higher priced homes
- Flanders, NY: less expensive homes
- Peconic, NY: higher priced homes
- Hampton Bays, NY: less expensive homes
- North Sea, NY: higher priced homes
- East Quogue, NY: less expensive homes
Cities with Similar Populations
- Fayetteville, TX: less expensive homes
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- Gilbert, WV: less expensive homes
- Friend, NE: less expensive homes
- Fort Washakie, WY: less expensive homes
- West Layton, UT: less expensive homes
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