Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Madrid Springs area can be challenging. Home prices in Madrid Springs are now at a median cost of $114,008, lower than the New York average of $481,023.
The average cost of rent is $710/mo in Madrid Springs, primarily driven by the current value of real estate in the Madrid Springs area. While nearly 46.41% of residents own their homes outright in Madrid Springs, 13.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Madrid Springs is $7,034 per month. Households that rent pay about 10.09% of their income on rent here. Madrid Springs's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Madrid, NY: equally priced homes
- Lisbon, NY: equally priced homes
- West Potsdam, NY: less expensive homes
- Morley, NY: equally priced homes
- Slab City, NY: equally priced homes
- Waddington, NY: higher priced homes
- Yaleville, NY: equally priced homes
- Norwood, NY: less expensive homes
- Chase Mills, NY: higher priced homes
- Red Mills, NY: higher priced homes
Cities with Similar Populations
- Village of Lake Isabella, MI: higher priced homes
- Wayne, MT: higher priced homes
- Watson Run, PA: higher priced homes
- Waterville Valley, NH: higher priced homes
- Wasioja, MN: higher priced homes
- Warren, VA: higher priced homes
- Waltz, MI: higher priced homes
- Waka, TX: higher priced homes
- Volga, WV: equally priced homes
- Webb, IA: equally priced homes
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