Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Olcott area can be challenging. Home prices in Olcott are now at a median cost of $116,969, lower than the New York average of $481,023.
The average cost of rent is $858/mo in Olcott, primarily driven by the current value of real estate in the Olcott area. While nearly 51.80% of residents own their homes outright in Olcott, 18.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in Olcott is $5,416 per month. Households that rent pay about 15.84% of their income on rent here. Olcott's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Burt, NY: higher priced homes
- Newfane, NY: higher priced homes
- Appleton, NY: higher priced homes
- West Somerset, NY: higher priced homes
- Wilson, NY: higher priced homes
- Warrens Corners, NY: higher priced homes
- Barker, NY: higher priced homes
- Hartland, NY: higher priced homes
- Orangeport, NY: equally priced homes
- Molyneaux Corners, NY: higher priced homes
Cities with Similar Populations
- Sayner, WI: higher priced homes
- Ivanhoe, MN: less expensive homes
- Jamestown, CO: higher priced homes
- Jewett, IL: equally priced homes
- Johnsontown, WV: higher priced homes
- Keeler, MI: higher priced homes
- Kickapoo, IL: higher priced homes
- Kirkwood, DE: higher priced homes
- Mackay, ID: higher priced homes
- Malta, ID: higher priced homes
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