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These days, finding an affordable place to live in the Montour Falls area can be challenging. Home prices in Montour Falls are now at a median cost of $171,859, lower than the New York average of $610,895.
The average cost of rent is $1,040/mo in Montour Falls, primarily driven by the current value of real estate in the Montour Falls area. In Montour Falls, 26.60% of households rent, and 51.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Montour Falls is $5,483 per month. Households that rent pay about 18.97% of their income on rent here. Montour Falls’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wedgewood, NY: less expensive homes
- Odessa, NY: equally priced homes
- Watkins Glen, NY: equally priced homes
- Moreland, NY: less expensive homes
- Alpine, NY: less expensive homes
- Townsend, NY: less expensive homes
- Millport, NY: less expensive homes
- Burdett, NY: higher priced homes
- Smith Valley, NY: higher priced homes
- Reading Center, NY: less expensive homes
Cities with Similar Populations
- Ashley, OH: higher priced homes
- Grand Junction, MI: equally priced homes
- Gaston, NC: less expensive homes
- Garden View, PA: equally priced homes
- Uniontown, AL: less expensive homes
- Wallace, SC: less expensive homes
- Forestville, NY: less expensive homes
- Warson Woods, MO: higher priced homes
- Electra, TX: less expensive homes
- Earlville, IL: equally priced homes
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