Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Nichols area can be challenging. Home prices in Nichols are now at a median cost of $116,497, lower than the New York average of $481,023.
The average cost of rent is $873/mo in Nichols, primarily driven by the current value of real estate in the Nichols area. While nearly 69.88% of residents own their homes outright in Nichols, 14.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in Nichols is $5,356 per month. Households that rent pay about 16.30% of their income on rent here. Nichols's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Smithboro, NY: less expensive homes
- Hoopers Valley, NY: less expensive homes
- Barton, NY: equally priced homes
- Lounsberry, NY: equally priced homes
- South Owego, NY: higher priced homes
- North Orwell, PA: higher priced homes
- Glencairn, NY: equally priced homes
- East Athens, PA: higher priced homes
- Owego, NY: equally priced homes
- Straits Corners, NY: equally priced homes
Cities with Similar Populations
- Thompson, OH: higher priced homes
- Elkland, PA: equally priced homes
- Farwell, TX: higher priced homes
- Firth, ID: higher priced homes
- Forestville, WI: higher priced homes
- Fred, TX: higher priced homes
- Sheridan, CA: higher priced homes
- Six Lakes, MI: equally priced homes
- Skeels, MI: equally priced homes
- St. Albans, ME: higher priced homes
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