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These days, finding an affordable place to live in the Solon area can be challenging. Home prices in Solon are now at a median cost of $150,286, lower than the New York average of $610,895.
The average cost of rent is $987/mo in Solon, primarily driven by the current value of real estate in the Solon area. In Solon, 11.91% of households rent, and 54.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Solon is $6,658 per month. Households that rent pay about 14.82% of their income on rent here. Solon’s most expensive areas are in the northeastern 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.
Nearby Cities
- East Freetown, NY: equally priced homes
- McGraw, NY: equally priced homes
- Union Valley, NY: equally priced homes
- Cincinnatus, NY: equally priced homes
- Taylor, NY: less expensive homes
- Truxton, NY: equally priced homes
- Blodgett Mills, NY: higher priced homes
- East Homer, NY: equally priced homes
- Texas Valley, NY: equally priced homes
- Lower Cincinnatus, NY: less expensive homes
Cities with Similar Populations
- Polo, SD: higher priced homes
- Orient, WA: higher priced homes
- Orma, WV: less expensive homes
- Otto, WY: higher priced homes
- Overfield, WV: higher priced homes
- Overpeck, OH: higher priced homes
- Oxford, ID: higher priced homes
- Padanaram, OH: less expensive homes
- Parkwood, PA: higher priced homes
- Patterson, KS: equally priced homes
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