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These days, finding an affordable place to live in the Madison Center area can be challenging. Home prices in Madison Center are now at a median cost of $122,392, lower than the New York average of $610,895.
The average cost of rent is $932/mo in Madison Center, primarily driven by the current value of real estate in the Madison Center area. In Madison Center, 13.49% of households rent, and 46.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Madison Center is $7,165 per month. Households that rent pay about 13.01% of their income on rent here. Madison Center’s most expensive areas are in the northwestern 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
- Cleveland, NY: equally priced homes
- Jewell, NY: equally priced homes
- Bernhards Bay, NY: higher priced homes
- Hillsboro, NY: equally priced homes
- Panther Lake, NY: higher priced homes
- Dibbletown, NY: equally priced homes
- Vienna, NY: equally priced homes
- Camden, NY: higher priced homes
- Sylvan Beach, NY: higher priced homes
- Fish Creek Landing, NY: higher priced homes
Cities with Similar Populations
- Waverly, SD: higher priced homes
- Donie, TX: higher priced homes
- Doss, MO: higher priced homes
- Dowdville, MS: less expensive homes
- Doyle, GA: less expensive homes
- Doylesville, KY: higher priced homes
- Dresden, GA: higher priced homes
- Dresden, TX: higher priced homes
- Dresserville, NY: higher priced homes
- Dryfork, AR: higher priced homes
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