The Most Affordable Neighborhoods in Sharon Springs, NY by Home Value

 

Sharon Springs, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Sharon Springs area can be challenging. Home prices in Sharon Springs are now at a median cost of $184,847, lower than the New York average of $610,895.

The average cost of rent is $1,140/mo in Sharon Springs, primarily driven by the current value of real estate in the Sharon Springs area. In Sharon Springs, 22.01% of households rent, and 46.92% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Sharon Springs is $6,798 per month. Households that rent pay about 16.76% of their income on rent here. Sharon Springs’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern 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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