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These days, finding an affordable place to live in the Padelford area can be challenging. Home prices in Padelford are now at a median cost of $288,238, lower than the New York average of $610,895.
The average cost of rent is $1,145/mo in Padelford, primarily driven by the current value of real estate in the Padelford area. In Padelford, 37.22% of households rent, and 32.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Padelford is $7,938 per month. Households that rent pay about 14.43% of their income on rent here. Padelford’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern 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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