Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Marengo area can be challenging. Home prices in Marengo are now at a median cost of $83,974, lower than the New York average of $481,023.
The average cost of rent is $832/mo in Marengo, primarily driven by the current value of real estate in the Marengo area. While nearly 57.89% of residents own their homes outright in Marengo, 19.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in Marengo is $4,801 per month. Households that rent pay about 17.32% of their income on rent here. Marengo's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
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- Willow Grove, NY: higher priced homes
- Rose, NY: equally priced homes
Cities with Similar Populations
- Whiteface, NH: higher priced homes
- Weston, AL: higher priced homes
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- Weybridge, VT: higher priced homes
- Wheeler, WA: higher priced homes
- White Earth, ND: higher priced homes
- White Hill, VA: higher priced homes
- White Rock, MN: higher priced homes
- Whiteburg, MD: higher priced homes
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