The Most Affordable Neighborhoods in Mumford, NY by Home Value

 

Mumford, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mumford area can be challenging. Home prices in Mumford are now at a median cost of $166,887, lower than the New York average of $481,023.

The average cost of rent is $872/mo in Mumford, primarily driven by the current value of real estate in the Mumford area. While nearly 36.08% of residents own their homes outright in Mumford, 29.56% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mumford is $6,220 per month. Households that rent pay about 14.01% of their income on rent here. Mumford's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.


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