Housing affordability · NY · 2024

Onondaga Housing Affordability

Affordable — Good value

28th most affordable of 62 New York counties · price-to-income ratio

Median Home Value
$200,200
↓53% vs NY · ↑10% vs US
Price-to-Income Ratio
2.6×
↓47% vs NY · ↓13% vs US
Median Monthly Rent
$1,108
↓32% vs NY · ↑27% vs US
Renter Cost Burden
47%
↓4% vs NY · ↑25% vs US
Analysis · NY

Onondaga at a glance

Onondaga is among the more accessible housing markets in New York on both ownership and rental measures — home prices relative to income sit below the state median at 2.6×, and renters face a lower-than-average cost burden.

At Onondaga's median household income of $76,945, a renter paying the median monthly rent of $1,108 would commit 17% of gross annual income to housing — below the 30% threshold widely used to define cost burden.

For owner-occupied households, 12% spend more than 30% of their income on housing costs — the standard definition of owner cost burden.

Onondaga FAQ

What is the median home price in Onondaga?

The median home value in Onondaga, NY is $200,200 (2024 ACS 5-year estimate). This is 53% below the New York state median of $423,800.

Is Onondaga an affordable place to buy a home?

Onondaga is rated Affordable on the USInsights affordability scale. The price-to-income ratio is 2.6×, meaning the median home costs roughly 2.6 years of median household income ($76,945). Under 3.5× is generally considered affordable.

What is the average rent in Onondaga?

The median gross rent in Onondaga is $1,108 per month (2024 ACS 5-year estimate). 47% of renters spend more than 30% of their income on housing. The New York state median is $1,621.

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Source: US Census Bureau ACS 5-Year Estimates 2024 (2020–2024 survey period). Price-to-income ratio = median home value ÷ median household income. Full New York methodology →