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These days, finding an affordable place to live in the South Cortland area can be challenging. Home prices in South Cortland are now at a median cost of $241,436, lower than the New York average of $610,895.
The average cost of rent is $1,130/mo in South Cortland, primarily driven by the current value of real estate in the South Cortland area. In South Cortland, 15.06% of households rent, and 45.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Cortland is $9,251 per month. Households that rent pay about 12.21% of their income on rent here. South Cortland’s most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Munsons Corners, NY: equally priced homes
- Virgil, NY: equally priced homes
- Mc Lean, NY: less expensive homes
- Cortland, NY: less expensive homes
- Blodgett Mills, NY: less expensive homes
- Dryden, NY: equally priced homes
- Peruville, NY: less expensive homes
- Freeville, NY: equally priced homes
- Summerhill, NY: less expensive homes
- McGraw, NY: less expensive homes
Cities with Similar Populations
- Pike Crossroads, NC: equally priced homes
- Newville, WI: higher priced homes
- Niotaze, KS: less expensive homes
- Nobob, KY: higher priced homes
- Nolin, KY: less expensive homes
- Nordman, ID: higher priced homes
- Normanna, TX: less expensive homes
- Norrington Crossroads, NC: higher priced homes
- North Alfred, ME: higher priced homes
- North Branch Depot, NJ: higher priced homes
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