
Home Price Key
These days, finding an affordable place to live in the Mount Sinai area can be challenging. Home prices in Mount Sinai are now at a median cost of $533,058, higher than the New York average of $481,023.
The average cost of rent is $1,742/mo in Mount Sinai, primarily driven by the current value of real estate in the Mount Sinai area. While nearly 40.13% of residents own their homes outright in Mount Sinai, 3.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Sinai is $11,965 per month. Households that rent pay about 14.56% of their income on rent here. Mount Sinai's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
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