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These days, finding an affordable place to live in the Rathbone area can be challenging. Home prices in Rathbone are now at a median cost of $119,695, lower than the New York average of $610,895.
The average cost of rent is $875/mo in Rathbone, primarily driven by the current value of real estate in the Rathbone area. In Rathbone, 10.56% of households rent, and 60.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rathbone is $5,534 per month. Households that rent pay about 15.82% of their income on rent here. Rathbone’s most expensive areas are in the central 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
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Cities with Similar Populations
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- Owings, WV: equally priced homes
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- Palmyra, IA: higher priced homes
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