The Most Affordable Neighborhoods in Valley Mills, NY by Home Value

These days, finding an affordable place to live in the Valley Mills area can be challenging. Home prices in Valley Mills are now at a median cost of $136,100, lower than the New York average of $610,895.

The average cost of rent is $1,023/mo in Valley Mills, primarily driven by the current value of real estate in the Valley Mills area. In Valley Mills, 17.58% of households rent, and 44.03% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Valley Mills is $6,094 per month. Households that rent pay about 16.79% of their income on rent here. Valley Mills’s most expensive areas are in the northern regions, while the cheapest areas are in the northern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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