The Most Affordable Neighborhoods in Second Milo, NY by Home Value

 

Second Milo, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Second Milo area can be challenging. Home prices in Second Milo are now at a median cost of $248,206, lower than the New York average of $610,895.

The average cost of rent is $921/mo in Second Milo, primarily driven by the current value of real estate in the Second Milo area. In Second Milo, 16.52% of households rent, and 55.82% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Second Milo is $6,264 per month. Households that rent pay about 14.70% of their income on rent here. Second Milo’s most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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