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Affordable
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These days, finding an affordable place to live in the Preston area can be challenging. Home prices in Preston are now at a median cost of $173,281, lower than the New York average of $610,895.
The average cost of rent is $1,045/mo in Preston, primarily driven by the current value of real estate in the Preston area. In Preston, 5.57% of households rent, and 50.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Preston is $6,871 per month. Households that rent pay about 15.22% of their income on rent here. Preston’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Norwich, NY: less expensive homes
- East McDonough, NY: less expensive homes
- South Plymouth, NY: less expensive homes
- North Norwich, NY: less expensive homes
- East Pharsalia, NY: less expensive homes
- Plymouth, NY: less expensive homes
- North Pharsalia, NY: less expensive homes
- Oxford, NY: less expensive homes
- Springvale, NY: less expensive homes
- Tyner, NY: less expensive homes
Cities with Similar Populations
- Carp, IN: equally priced homes
- Beallsville, MD: higher priced homes
- Beattie, KS: less expensive homes
- Beckville, IN: higher priced homes
- Bern, KS: equally priced homes
- Bethany, MS: less expensive homes
- Boyette, MS: less expensive homes
- Boys Town, NE: higher priced homes
- Brunsville, IA: higher priced homes
- Camden-on-Gauley, WV: less expensive homes
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