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These days, finding an affordable place to live in the Preble area can be challenging. Home prices in Preble are now at a median cost of $197,858, lower than the New York average of $610,895.
The average cost of rent is $1,300/mo in Preble, primarily driven by the current value of real estate in the Preble area. In Preble, 10.05% of households rent, and 52.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Preble is $7,690 per month. Households that rent pay about 16.90% of their income on rent here. Preble’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Little York, NY: less expensive homes
- Tully, NY: higher priced homes
- Vesper, NY: higher priced homes
- Scott, NY: less expensive homes
- Spafford, NY: higher priced homes
- East Homer, NY: less expensive homes
- Glen Haven, NY: less expensive homes
- Apulia Station, NY: equally priced homes
- Homer, NY: equally priced homes
- Crains Mills, NY: less expensive homes
Cities with Similar Populations
- Pembina, ND: less expensive homes
- Prairie City, IL: less expensive homes
- Potter Lake, WI: higher priced homes
- Plainfield, OH: less expensive homes
- Pitreville, LA: less expensive homes
- Pisgah, IA: less expensive homes
- Piney, OK: less expensive homes
- Pinedale, AZ: higher priced homes
- Pine Bluff, WI: higher priced homes
- Phillipsburg, KY: equally priced homes
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