Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Pelham area can be challenging. Home prices in Pelham are now at a median cost of $754,322, higher than the New York average of $481,023.
The average cost of rent is $1,909/mo in Pelham, primarily driven by the current value of real estate in the Pelham area. While nearly 36.55% of residents own their homes outright in Pelham, 27.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pelham is $13,256 per month. Households that rent pay about 14.40% of their income on rent here. Pelham's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- New Rochelle, NY: less expensive homes
- Pelham Manor, NY: higher priced homes
- Mount Vernon, NY: less expensive homes
- Bronxville, NY: less expensive homes
- Larchmont, NY: higher priced homes
- Tuckahoe, NY: less expensive homes
- Eastchester, NY: less expensive homes
- Yonkers, NY: less expensive homes
- Mamaroneck, NY: higher priced homes
- Scarsdale, NY: higher priced homes
Cities with Similar Populations
- St. Paul Park, MN: less expensive homes
- Greenville, RI: less expensive homes
- Gulf Hills, MS: less expensive homes
- St. Augustine Shores, FL: less expensive homes
- St. Francis, MN: less expensive homes
- St. Francisville, LA: less expensive homes
- St. Helena Island, SC: less expensive homes
- St. James, MO: less expensive homes
- St. Johnsbury, VT: less expensive homes
- St. Joseph, MN: less expensive homes
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