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These days, finding an affordable place to live in the New York area can be challenging. Home prices in New York are now at a median cost of $206,300, lower than the Missouri average of $246,641.
The average cost of rent is $1,000/mo in New York, primarily driven by the current value of real estate in the New York area. In New York, 11.57% of households rent, and 61.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New York is $6,418 per month. Households that rent pay about 15.58% of their income on rent here. New York’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hamilton, MO: less expensive homes
- Nettleton, MO: less expensive homes
- Cowgill, MO: less expensive homes
- Breckenridge, MO: less expensive homes
- Kingston, MO: higher priced homes
- Braymer, MO: less expensive homes
- Kidder, MO: equally priced homes
- Ludlow, MO: less expensive homes
- Mooresville, MO: less expensive homes
- Polo, MO: equally priced homes
Cities with Similar Populations
- Enon, FL: less expensive homes
- Union, IN: equally priced homes
- Union Hill, IL: equally priced homes
- Tyson, MS: less expensive homes
- Floraville, IL: higher priced homes
- Flickerville, IL: higher priced homes
- Falcon, MS: less expensive homes
- Fairview Heights, TN: higher priced homes
- Fairford, AL: less expensive homes
- Esmond, ND: less expensive homes
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