
Home Price Key
These days, finding an affordable place to live in the Patent area can be challenging. Home prices in Patent are now at a median cost of $148,445, lower than the New York average of $481,023.
The average cost of rent is $907/mo in Patent, primarily driven by the current value of real estate in the Patent area. While nearly 54.43% of residents own their homes outright in Patent, 12.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Patent is $5,726 per month. Households that rent pay about 15.84% of their income on rent here. Patent's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
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Cities with Similar Populations
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