Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Park Avenue area can be challenging. Home prices in Park Avenue are now at a median cost of $344,762, higher than the Rochester average of $214,658.
The average cost of rent is $1,310/mo in Park Avenue, primarily driven by the current value of real estate in the Park Avenue area. In Park Avenue, 79.59% of households rent, and 38.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Park Avenue is $7,218 per month. Households that rent pay about 18.15% of their income on rent here. Park Avenue’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- East Avenue, Rochester, NY: higher priced homes
- Pearl-Meigs-Monroe, Rochester, NY: less expensive homes
- Ellwanger-Barry, Rochester, NY: less expensive homes
- South Wedge, Rochester, NY: less expensive homes
- Cobbs Hill, Rochester, NY: less expensive homes
- Roselawn, Brighton, NY: equally priced homes
- South Marketview Heights, Rochester, NY: less expensive homes
- Beechwood, Rochester, NY: less expensive homes
- Central Business District-Rochester, Rochester, NY: higher priced homes
- Corn Hill, Rochester, NY: less expensive homes
Neighborhoods with Similar Populations
- Saint Louis Hills, St. Louis, MO: equally priced homes
- Irvine Health and Science Complex, Irvine, CA: higher priced homes
- Kensington, Kansas City, KS: less expensive homes
- Kingsborough Ridge, San Antonio, TX: less expensive homes
- Lobdell-Woodale, Baton Rouge, LA: less expensive homes
- Marquette, Madison, WI: higher priced homes
- Mayfield, Ceres, CA: higher priced homes
- Meadowdale, Lynnwood, WA: higher priced homes
- Morrell Park, Baltimore, MD: less expensive homes
- Mt. Park, Lake Oswego, OR: higher priced homes
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