
Affordable
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These days, finding an affordable place to live in the Olmstedville area can be challenging. Home prices in Olmstedville are now at a median cost of $207,576, lower than the New York average of $610,895.
The average cost of rent is $734/mo in Olmstedville, primarily driven by the current value of real estate in the Olmstedville area. In Olmstedville, 11.37% of households rent, and 59.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Olmstedville is $5,895 per month. Households that rent pay about 12.44% of their income on rent here. Olmstedville’s most expensive areas are in the eastern 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
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Cities with Similar Populations
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