2026 Affordability Data
Most Affordable Neighborhoods in Binghamton - 2026 Data
The median home value in Binghamton is $117,400, 58% below nat'l avg. Median rent is $858/month. With an affordability index of 119, Binghamton is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Binghamton, NY area.
Key Takeaways: Affordability in Binghamton
- 1The most affordable neighborhood in Binghamton is Sleepy Hollow village, with a median home value of $744,500.
- 2Binghamton's median home value is $117,400, 58% below nat'l avg (national: $281,900).
- 3Binghamton's affordability index is 119 (baseline 100), making it more affordable than the national average.
- 4Median rent in Binghamton is $858/month, 26% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Binghamton to find the most affordable areas based on home values, rent, and affordability index.
Binghamton Affordability Overview
Median Home Value
$117,400
58% below nat'l avg
Median Rent
$858/mo
26% below nat'l avg
Median Income
$42,031
44% below nat'l avg
Affordability Index
119
19% above nat'l avg
Most Affordable Neighborhoods in Binghamton (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | Sleepy Hollow villageNY | $744,500 |
| 2 | New Hyde Park villageNY | $695,100 |
| 3 | Hempstead villageNY | $421,300 |
| 4 | White PlainsNY | $612,800 |
| 5 | SyracuseNY | $117,900 |
| 6 | Lake Grove villageNY | $497,500 |
| 7 | OneontaNY | $170,900 |
| 8 | YonkersNY | $456,500 |
| 9 | SchenectadyNY | $140,000 |
| 10 | GenevaNY | $123,100 |
| 11 | TroyNY | $177,100 |
| 12 | Freeport villageNY | $444,300 |
| 13 | Depew villageNY | $159,700 |
| 14 | Woodbury villageNY | $400,400 |
| 15 | Airmont villageNY | $626,400 |
Detailed Neighborhood Profiles
Home Value: $744,500
Rent: $858/mo
Affordability: 119
Population: 10,396
Walk Score: 0/100
Home Value: $695,100
Rent: $858/mo
Affordability: 119
Population: 10,235
Walk Score: 0/100
Home Value: $421,300
Rent: $858/mo
Affordability: 119
Population: 58,557
Walk Score: 0/100
4
Home Value: $612,800
Rent: $858/mo
Affordability: 119
Population: 59,421
Walk Score: 0/100
5
Home Value: $117,900
Rent: $858/mo
Affordability: 119
Population: 146,134
Walk Score: 0/100
6
Home Value: $497,500
Rent: $858/mo
Affordability: 119
Population: 11,066
Walk Score: 0/100
7
Home Value: $170,900
Rent: $858/mo
Affordability: 119
Population: 14,097
Walk Score: 0/100
8
Home Value: $456,500
Rent: $858/mo
Affordability: 119
Population: 209,780
Walk Score: 0/100
9
Home Value: $140,000
Rent: $858/mo
Affordability: 119
Population: 68,476
Walk Score: 0/100
10
Home Value: $123,100
Rent: $858/mo
Affordability: 119
Population: 12,670
Walk Score: 0/100
11
Home Value: $177,100
Rent: $858/mo
Affordability: 119
Population: 51,268
Walk Score: 0/100
12
Home Value: $444,300
Rent: $858/mo
Affordability: 119
Population: 44,210
Walk Score: 0/100
13
Home Value: $159,700
Rent: $858/mo
Affordability: 119
Population: 15,141
Walk Score: 0/100
14
Home Value: $400,400
Rent: $858/mo
Affordability: 119
Population: 11,371
Walk Score: 0/100
15
Home Value: $626,400
Rent: $858/mo
Affordability: 119
Population: 10,020
Walk Score: 0/100
Frequently Asked Questions About Affordability in Binghamton
What is the most affordable neighborhood in Binghamton, NY?▾
Based on 2026 data, Sleepy Hollow village is the most affordable neighborhood in Binghamton with a median home value of $744,500. Kurby analyzed 15 neighborhoods in the Binghamton area to compile these rankings.
What is the median home price in Binghamton, NY?▾
The median home price in Binghamton is $117,400, which is 58% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Binghamton affordable compared to the national average?▾
Binghamton has an affordability index of 119, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Binghamton, NY?▾
The median monthly rent in Binghamton is $858. This is 26% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Binghamton?▾
The median household income in Binghamton is $42,031 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Binghamton are below the national average home price?▾
6 out of 15 ranked neighborhoods in Binghamton have a median home value below the national average of $281,900. The most affordable is Syracuse at $117,900 (Source: Kurby, 2026).