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Affordable
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These days, finding an affordable place to live in the Woodmere area can be challenging. Home prices in Woodmere are now at a median cost of $1,047,973, higher than the New York average of $610,895.
The average cost of rent is $2,808/mo in Woodmere, primarily driven by the current value of real estate in the Woodmere area. In Woodmere, 8.36% of households rent, and 32.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Woodmere is $15,994 per month. Households that rent pay about 17.56% of their income on rent here. Woodmere’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Woodsburgh, NY: higher priced homes
- Cedarhurst, NY: less expensive homes
- Hewlett, NY: less expensive homes
- Hewlett Bay Park, NY: higher priced homes
- Hewlett Neck, NY: higher priced homes
- Lawrence, NY: higher priced homes
- Hewlett Harbor, NY: higher priced homes
- Valley Stream, NY: less expensive homes
- Inwood, NY: less expensive homes
- East Rockaway, NY: less expensive homes
Cities with Similar Populations
- Kodiak, AK: less expensive homes
- Ridgefield, NJ: less expensive homes
- Lexington, NE: less expensive homes
- Leicester, NC: less expensive homes
- Lecanto, FL: less expensive homes
- Laurel, MT: less expensive homes
- Latonia, KY: less expensive homes
- Las Marias, PR: less expensive homes
- Lake Grove, NY: less expensive homes
- Lake Elmo, MN: less expensive homes
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