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Affordable
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These days, finding an affordable place to live in the Morey Park area can be challenging. Home prices in Morey Park are now at a median cost of $270,824, lower than the New York average of $610,895.
The average cost of rent is $1,166/mo in Morey Park, primarily driven by the current value of real estate in the Morey Park area. In Morey Park, 20.95% of households rent, and 43.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morey Park is $7,084 per month. Households that rent pay about 16.46% of their income on rent here. Morey Park’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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- Dunham Hollow, NY: equally priced homes
- West Lebanon, NY: equally priced homes
Cities with Similar Populations
- South Crossett, AR: less expensive homes
- Lemoyne, OH: less expensive homes
- Letitia, NC: equally priced homes
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- South Bloomfield, NY: less expensive homes
- South Branch, MN: less expensive homes
- South Buffalo, KY: less expensive homes
- South Butler, NY: less expensive homes
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