Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rochester area can be challenging. Home prices in Rochester are now at a median cost of $164,984, lower than the New York average of $481,023.
The average cost of rent is $1,042/mo in Rochester, primarily driven by the current value of real estate in the Rochester area. While nearly 39.07% of residents own their homes outright in Rochester, 30.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rochester is $6,147 per month. Households that rent pay about 16.94% of their income on rent here. Rochester's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- North Gates, NY: less expensive homes
- Irondequoit, NY: less expensive homes
- Greece, NY: less expensive homes
- Brighton, NY: higher priced homes
- South Greece, NY: higher priced homes
- Spencerport, NY: equally priced homes
- East Rochester, NY: higher priced homes
- Henrietta, NY: equally priced homes
- Parma Corners, NY: higher priced homes
- West Henrietta, NY: higher priced homes
Cities with Similar Populations
- Indianapolis, IN: higher priced homes
- Jackson, MI: less expensive homes
- Kansas City, KS: less expensive homes
- Joliet, IL: equally priced homes
- Kansas City, MO: higher priced homes
- Jupiter, FL: higher priced homes
- Indio, CA: higher priced homes
- Katy, TX: higher priced homes
- Huntington Park, CA: higher priced homes
- Hoover, AL: higher priced homes
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