The Most Affordable Neighborhoods in Pelham Manor, NY by Home Value

 

Pelham Manor, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Pelham Manor area can be challenging. Home prices in Pelham Manor are now at a median cost of $970,756, higher than the New York average of $481,023.

The average cost of rent is $2,170/mo in Pelham Manor, primarily driven by the current value of real estate in the Pelham Manor area. While nearly 30.36% of residents own their homes outright in Pelham Manor, 5.63% rent.

Housing affordability isn’t just about home prices, though. The average household income in Pelham Manor is $18,585 per month. Households that rent pay about 11.68% of their income on rent here. Pelham Manor's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.


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