Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Tonawanda area can be challenging. Home prices in Tonawanda are now at a median cost of $148,943, lower than the New York average of $481,023.
The average cost of rent is $924/mo in Tonawanda, primarily driven by the current value of real estate in the Tonawanda area. While nearly 38.37% of residents own their homes outright in Tonawanda, 31.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Tonawanda is $5,614 per month. Households that rent pay about 16.46% of their income on rent here. Tonawanda's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Kenmore, NY: equally priced homes
- Eggertsville, NY: higher priced homes
- University at Buffalo, NY: higher priced homes
- Buffalo, NY: higher priced homes
- North Tonawanda, NY: higher priced homes
- Grand Island, NY: higher priced homes
- Getzville, NY: higher priced homes
- Williamsville, NY: higher priced homes
- Sloan, NY: less expensive homes
- Cheektowaga, NY: less expensive homes
Cities with Similar Populations
- Aiken, SC: higher priced homes
- Allen, TX: higher priced homes
- Aurora, CO: higher priced homes
- Augusta, GA: higher priced homes
- Albany, NY: higher priced homes
- Avondale, AZ: higher priced homes
- Ashburn, VA: higher priced homes
- Beaverton, OR: higher priced homes
- Batchtown, IL: higher priced homes
- Batavia, IA: equally priced homes
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