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Affordable
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These days, finding an affordable place to live in the Springwater area can be challenging. Home prices in Springwater are now at a median cost of $173,657, lower than the New York average of $610,895.
The average cost of rent is $1,109/mo in Springwater, primarily driven by the current value of real estate in the Springwater area. In Springwater, 15.51% of households rent, and 50.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Springwater is $6,654 per month. Households that rent pay about 16.67% of their income on rent here. Springwater’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Libertypole, NY: equally priced homes
- Hunt Hollow, NY: equally priced homes
- Conesus, NY: higher priced homes
- Scottsburg, NY: equally priced homes
- Reed Corners, NY: equally priced homes
- Foots Corners, NY: higher priced homes
- Honeoye, NY: higher priced homes
- Hemlock, NY: higher priced homes
- Wayland, NY: less expensive homes
- Perkinsville, NY: less expensive homes
Cities with Similar Populations
- Casselton, ND: higher priced homes
- Osceola Mills, PA: less expensive homes
- Lake View, AL: higher priced homes
- Loma, CO: higher priced homes
- Baileyton, AL: equally priced homes
- Lyndon Station, WI: higher priced homes
- Maidens, VA: higher priced homes
- Markesan, WI: higher priced homes
- McBee, SC: less expensive homes
- New Bloomfield, PA: higher priced homes
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