Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palmyra area can be challenging. Home prices in Palmyra are now at a median cost of $133,152, lower than the New York average of $481,023.
The average cost of rent is $820/mo in Palmyra, primarily driven by the current value of real estate in the Palmyra area. While nearly 40.93% of residents own their homes outright in Palmyra, 26.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palmyra is $6,115 per month. Households that rent pay about 13.40% of their income on rent here. Palmyra's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Macedon Center, NY: higher priced homes
- Port Gibson, NY: less expensive homes
- East Palmyra, NY: equally priced homes
- Macedon, NY: higher priced homes
- Walworth, NY: higher priced homes
- Manchester, NY: less expensive homes
- Shortsville, NY: equally priced homes
- Newark, NY: less expensive homes
- Marion, NY: equally priced homes
- Gypsum, NY: equally priced homes
Cities with Similar Populations
- Sioux Center, IA: higher priced homes
- Island Park, NY: higher priced homes
- Iuka, MS: less expensive homes
- Ivins, UT: higher priced homes
- Jamison, PA: higher priced homes
- Jamul, CA: higher priced homes
- Kingston, RI: higher priced homes
- La Cumbre, PR: higher priced homes
- La Joya, TX: less expensive homes
- Silver Springs, FL: less expensive homes
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