The Most Affordable Neighborhoods in Payne Beach, NY by Home Value

 

Payne Beach, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Payne Beach area can be challenging. Home prices in Payne Beach are now at a median cost of $199,941, lower than the New York average of $481,023.

The average cost of rent is $1,049/mo in Payne Beach, primarily driven by the current value of real estate in the Payne Beach area. While nearly 26.05% of residents own their homes outright in Payne Beach, 1.83% rent.

Housing affordability isn’t just about home prices, though. The average household income in Payne Beach is $8,116 per month. Households that rent pay about 12.92% of their income on rent here. Payne Beach's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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