Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palenville area can be challenging. Home prices in Palenville are now at a median cost of $252,957, lower than the New York average of $481,023.
The average cost of rent is $882/mo in Palenville, primarily driven by the current value of real estate in the Palenville area. While nearly 52.24% of residents own their homes outright in Palenville, 28.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palenville is $5,291 per month. Households that rent pay about 16.68% of their income on rent here. Palenville's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
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- Malden-on-Hudson, NY: higher priced homes
- Saugerties, NY: equally priced homes
Cities with Similar Populations
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