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These days, finding an affordable place to live in the Mount Morris area can be challenging. Home prices in Mount Morris are now at a median cost of $118,198, lower than the New York average of $610,895.
The average cost of rent is $764/mo in Mount Morris, primarily driven by the current value of real estate in the Mount Morris area. In Mount Morris, 21.80% of households rent, and 56.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mount Morris is $4,811 per month. Households that rent pay about 15.88% of their income on rent here. Mount Morris’s most expensive areas are in the western regions, while the cheapest areas are in the northern 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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Cities with Similar Populations
- Waverly, VA: higher priced homes
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