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Affordable
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These days, finding an affordable place to live in the North Chemung area can be challenging. Home prices in North Chemung are now at a median cost of $153,952, lower than the New York average of $610,895.
The average cost of rent is $1,326/mo in North Chemung, primarily driven by the current value of real estate in the North Chemung area. In North Chemung, 7.77% of households rent, and 50.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in North Chemung is $6,082 per month. Households that rent pay about 21.80% of their income on rent here. North Chemung’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
- Lowman, NY: less expensive homes
- Erin, NY: less expensive homes
- Breesport, NY: equally priced homes
- Chemung, NY: less expensive homes
- Elmira, NY: less expensive homes
- Southport, NY: less expensive homes
- Lockwood, NY: less expensive homes
- Elmira Heights, NY: less expensive homes
- Wellsburg, NY: less expensive homes
- West Elmira, NY: higher priced homes
Cities with Similar Populations
- Turkey River, IA: higher priced homes
- Castle Hill, CA: higher priced homes
- Cauthornville, VA: higher priced homes
- Cedars, MS: less expensive homes
- Centennial, IN: less expensive homes
- Centertown, PA: higher priced homes
- Centre Grove, NJ: higher priced homes
- Chacon, NM: equally priced homes
- Chambersburg, IL: less expensive homes
- Cherrystone, VA: higher priced homes
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