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These days, finding an affordable place to live in the New Albion area can be challenging. Home prices in New Albion are now at a median cost of $132,672, lower than the New York average of $610,895.
The average cost of rent is $720/mo in New Albion, primarily driven by the current value of real estate in the New Albion area. In New Albion, 18.28% of households rent, and 52.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Albion is $5,235 per month. Households that rent pay about 13.75% of their income on rent here. New Albion’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
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- Conewango Valley, NY: equally priced homes
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Cities with Similar Populations
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- Sweet Water, IL: higher priced homes
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- Fleming, KS: higher priced homes
- Fine, NY: less expensive homes
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