The Most Affordable Neighborhoods in Waterboro, NY by Home Value

These days, finding an affordable place to live in the Waterboro area can be challenging. Home prices in Waterboro are now at a median cost of $108,054, lower than the New York average of $610,895.

The average cost of rent is $688/mo in Waterboro, primarily driven by the current value of real estate in the Waterboro area. In Waterboro, 14.72% of households rent, and 57.55% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Waterboro is $5,327 per month. Households that rent pay about 12.92% of their income on rent here. Waterboro’s most expensive areas are in the eastern regions, while the cheapest areas are in the central 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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