Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Markhams area can be challenging. Home prices in Markhams are now at a median cost of $98,912, lower than the New York average of $481,023.
The average cost of rent is $643/mo in Markhams, primarily driven by the current value of real estate in the Markhams area. While nearly 41.63% of residents own their homes outright in Markhams, 16.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Markhams is $4,977 per month. Households that rent pay about 12.92% of their income on rent here. Markhams's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Bug, KY: less expensive homes
- Buffalo, IN: higher priced homes
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