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These days, finding an affordable place to live in the Shoreham area can be challenging. Home prices in Shoreham are now at a median cost of $610,440, lower than the New York average of $610,895.
The average cost of rent is $1,789/mo in Shoreham, primarily driven by the current value of real estate in the Shoreham area. In Shoreham, 4.28% of households rent, and 25.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shoreham is $13,695 per month. Households that rent pay about 13.06% of their income on rent here. Shoreham’s most expensive areas are in the northwestern 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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