The Most Affordable Neighborhoods in Smith Valley, NY by Home Value

 

Smith Valley, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Smith Valley area can be challenging. Home prices in Smith Valley are now at a median cost of $192,700, lower than the New York average of $610,895.

The average cost of rent is $1,083/mo in Smith Valley, primarily driven by the current value of real estate in the Smith Valley area. In Smith Valley, 3.54% of households rent, and 43.79% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Smith Valley is $5,366 per month. Households that rent pay about 20.18% of their income on rent here. Smith Valley’s most expensive areas are in the central regions, while the cheapest areas are in the central 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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