Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Shelter Island area can be challenging. Home prices in Shelter Island are now at a median cost of $846,551, higher than the New York average of $481,023.
The average cost of rent is $1,895/mo in Shelter Island, primarily driven by the current value of real estate in the Shelter Island area. While nearly 53.61% of residents own their homes outright in Shelter Island, 10.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shelter Island is $8,497 per month. Households that rent pay about 22.30% of their income on rent here. Shelter Island's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Shelter Island Heights, NY: equally priced homes
- Dering Harbor, NY: equally priced homes
- Greenport West, NY: equally priced homes
- Greenport, NY: less expensive homes
- North Haven, NY: higher priced homes
- East Marion, NY: less expensive homes
- Southold, NY: less expensive homes
- Sag Harbor, NY: higher priced homes
- Noyack, NY: equally priced homes
- Orient, NY: equally priced homes
Cities with Similar Populations
- Burlington, MI: less expensive homes
- Newburg, WI: less expensive homes
- Redkey, IN: less expensive homes
- Ravenna, NE: less expensive homes
- Rankin, PA: less expensive homes
- Poseyville, IN: less expensive homes
- Port Carbon, PA: less expensive homes
- Port Austin, MI: less expensive homes
- Plainfield, WI: less expensive homes
- Pilot, VA: less expensive homes
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