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Affordable
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These days, finding an affordable place to live in the Theresa area can be challenging. Home prices in Theresa are now at a median cost of $159,864, lower than the New York average of $610,895.
The average cost of rent is $1,055/mo in Theresa, primarily driven by the current value of real estate in the Theresa area. In Theresa, 23.33% of households rent, and 48.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Theresa is $6,592 per month. Households that rent pay about 16.01% of their income on rent here. Theresa’s most expensive areas are in the northern 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
- Philadelphia, NY: higher priced homes
- Orleans Four Corners, NY: equally priced homes
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- Oxbow, NY: less expensive homes
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- Westminster Park, NY: higher priced homes
- Redwood, NY: equally priced homes
- Omar, NY: equally priced homes
- Evans Mills, NY: higher priced homes
- La Fargeville, NY: equally priced homes
Cities with Similar Populations
- Bates City, MO: higher priced homes
- Belcourt, ND: less expensive homes
- Bowman, GA: less expensive homes
- Burr Oak, MI: equally priced homes
- Roper, NC: less expensive homes
- Moorcroft, WY: higher priced homes
- Mount Crawford, VA: higher priced homes
- Neoga, IL: equally priced homes
- North High Shoals, GA: higher priced homes
- North Prairie, WI: higher priced homes
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