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Affordable
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These days, finding an affordable place to live in the Palisades area can be challenging. Home prices in Palisades are now at a median cost of $667,294, higher than the New York average of $610,895.
The average cost of rent is $1,901/mo in Palisades, primarily driven by the current value of real estate in the Palisades area. In Palisades, 1.02% of households rent, and 38.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Palisades is $14,993 per month. Households that rent pay about 12.68% of their income on rent here. Palisades’s most expensive areas are in the northeastern 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
- Rockleigh, NJ: equally priced homes
- Sparkill, NY: equally priced homes
- Northvale, NJ: less expensive homes
- Tappan, NY: equally priced homes
- Piermont, NY: equally priced homes
- Norwood, NJ: higher priced homes
- Orangeburg, NY: higher priced homes
- Old Tappan, NJ: higher priced homes
- Hastings-on-Hudson, NY: higher priced homes
- Dobbs Ferry, NY: higher priced homes
Cities with Similar Populations
- Fairgrove, MI: less expensive homes
- Touchet, WA: less expensive homes
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- Gibsland, LA: less expensive homes
- Georgetown, FL: less expensive homes
- Francisco, IN: less expensive homes
- Fountain Green, UT: less expensive homes
- Forest, LA: less expensive homes
- Turin, GA: less expensive homes
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