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Affordable
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These days, finding an affordable place to live in the Minetto area can be challenging. Home prices in Minetto are now at a median cost of $184,994, lower than the New York average of $610,895.
The average cost of rent is $853/mo in Minetto, primarily driven by the current value of real estate in the Minetto area. In Minetto, 13.35% of households rent, and 39.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Minetto is $8,343 per month. Households that rent pay about 10.22% of their income on rent here. Minetto’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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