Housing affordability · NY · 2024
Orange Housing Affordability
51st cheapest of 62 NY counties by price-to-income ratio · 2570th of 3,216 nationally · tier rated on the national scale
Orange at a glance
Orange shows a counter-intuitive pattern: home prices relative to income (4.0×) are below the New York state median, yet a higher-than-average share of renters face cost burden — ownership and rental markets here don't move together.
At Orange's median household income of $97,178, a renter paying the median monthly rent of $1,680 would commit 21% of gross annual income to housing — below the 30% threshold widely used to define cost burden.
54% of Orange renters spend more than 30% of their income on housing — the share of the renter population classified as cost-burdened.
For owner-occupied households, 25% spend more than 30% of their income on housing costs — above the NY rate of 19%.
In Orange, both the price-to-income ratio (4.0) and non-seasonal vacancy (5.8%) sit, nationally, in the top quarter on cost, and the bottom quarter on vacancy.
Orange FAQ
What is the median home price in Orange?
The median home value in Orange, NY is $387,900 (2024 ACS 5-year estimate). This is 8% below the New York state median of $423,800.
Is Orange an affordable place to buy a home?
Orange is rated Moderate on the USInsights affordability scale. The price-to-income ratio is 4.0×, meaning the median home costs roughly 4.0 years of median household income ($97,178). 3.5×–5.0× indicates moderate pressure.
What is the average rent in Orange?
The median gross rent in Orange is $1,680 per month (2024 ACS 5-year estimate). 54% of renters spend more than 30% of their income on housing. The New York state median is $1,621.
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