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Affordable
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These days, finding an affordable place to live in the Loomis area can be challenging. Home prices in Loomis are now at a median cost of $208,886, lower than the New York average of $610,895.
The average cost of rent is $1,183/mo in Loomis, primarily driven by the current value of real estate in the Loomis area. In Loomis, 29.80% of households rent, and 62.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Loomis is $4,821 per month. Households that rent pay about 24.54% of their income on rent here. Loomis’s most expensive areas are in the northern 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
- White Sulphur Springs, NY: higher priced homes
- Liberty, NY: equally priced homes
- Swan Lake, NY: higher priced homes
- Ferndale, NY: higher priced homes
- Parksville, NY: higher priced homes
- Youngsville, NY: higher priced homes
- Livingston Manor, NY: equally priced homes
- Hurleyville, NY: higher priced homes
- Harris, NY: less expensive homes
- Loch Sheldrake, NY: higher priced homes
Cities with Similar Populations
- Galloway, WV: less expensive homes
- State Line, AR: less expensive homes
- Stamford, NE: less expensive homes
- Gethsemane, NC: less expensive homes
- Georgetown, MD: higher priced homes
- Geneva, PA: less expensive homes
- Geneva, IA: less expensive homes
- Garrett, KY: less expensive homes
- Garden City, IA: less expensive homes
- Gap Mills, WV: less expensive homes
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