Housing affordability · NY · 2024

Orleans Housing Affordability

Affordable — Good value

4th cheapest of 62 NY counties by price-to-income ratio · 441st of 3,216 nationally · tier rated on the national scale

Median Home Value
$140,800
↓67% vs NY · ↓23% vs US
NY $423,800 · US $182,300
Price-to-Income Ratio
2.1×
↓57% vs NY · ↓30% vs US
NY 4.9× · US 3.0×
Median Monthly Rent
$874
↓46% vs NY · ↑0% vs US
NY $1,621 · US $870
Renter Cost Burden
36%
↓26% vs NY · ↓4% vs US
NY 49% · US 38%
Analysis · NY

Orleans at a glance

Orleans 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 2.1×, and renters face a lower-than-average cost burden.

At Orleans's median household income of $65,969, a renter paying the median monthly rent of $874 would commit 16% of gross annual income to housing — below the 30% threshold widely used to define cost burden.

36% of Orleans renters spend more than 30% of their income on housing — the share of the renter population classified as cost-burdened.

For owner-occupied households, 16% spend more than 30% of their income on housing costs — below the NY rate of 19%.

Orleans FAQ

What is the median home price in Orleans?

The median home value in Orleans, NY is $140,800 (2024 ACS 5-year estimate). This is 67% below the New York state median of $423,800.

Is Orleans an affordable place to buy a home?

Orleans is rated Affordable on the USInsights affordability scale. The price-to-income ratio is 2.1×, meaning the median home costs roughly 2.1 years of median household income ($65,969). Under 3.5× is generally considered affordable.

What is the average rent in Orleans?

The median gross rent in Orleans is $874 per month (2024 ACS 5-year estimate). 36% 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 →