Cost of Living in Cayuga County, New York

$895/mo
Median Monthly Rent
$164,200
Median Home Value

At a Glance

Median Monthly Rent
$895/mo
21% below state average
Median Home Value
$164,200
42% below national
Rent-to-Income Ratio
29.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Cayuga County Compares

Median monthly rent comparison

Cayuga County$895/mo
New York Average$1,133/mo
National Median$1,163/mo

Detailed Housing Stats

$895/mo
Median Gross Rent
$164,200
Median Home Value
$1,051/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Cayuga County ranks #2,201 of 3,144 counties for affordability (bottom 30%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Cayuga County, New York

Cayuga balances income and housing

Cayuga County residents spend 16.1% of their income on rent, below the national average of 17.0%, with a median household income of $66,583 that moderately exceeds the national median. The county's favorable rent-to-income ratio positions it as an above-average affordability option for American renters.

Below state average affordability

Cayuga County's rent-to-income ratio of 16.1% sits below New York's state average of 17.6%, making it one of the state's more affordable mid-tier counties. The $895 median rent trails the state average by $238 monthly, reflecting Finger Lakes region pricing.

Finger Lakes affordability anchor

Cayuga's $895 rent sits between nearby Onondaga County and rural counties like Allegany, with home values of $164,200 offering genuine middle-class entry points. The county serves as the region's affordability anchor, undercutting Syracuse while maintaining regional connectivity.

Moderate housing burden

Renters spend 16.1% of the $66,583 median income on $895 monthly rent, while homeowners dedicate 19.0% to ownership costs ($1,051/month). Both ratios remain comfortably below state and national averages, leaving substantial income for other household priorities.

Finger Lakes living without premium

Cayuga County offers Finger Lakes character—natural beauty, wine country, and college-town vitality—without the housing-cost premium of nearby Syracuse or Rochester. If you earn $65,000–$80,000 and seek small-city sophistication at small-town prices, Cayuga delivers genuine value.

Cost of Living Advisory: Cayuga County

Affordability Verdict

Cayuga County is affordable for renters, with a median gross rent of $895/month representing approximately 16.1% of median household income. The rent burden (GRAPI) stands at 29.0%.

Rent vs. Own

The median rent in Cayuga County is $895/month, while owner costs run $1,051/month. Renting saves approximately $156/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $35,800/year. For owner costs at the 28% rule, the required income is roughly $45,043/year. With a median household income of $66,583, most households can comfortably afford rent here. Notably, 29.0% of renter households in Cayuga County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within New York, Cayuga County is less affordable than Clinton County by roughly 6% ($895/mo vs $956/mo).

Affordability Calculator

See how your income compares to housing costs in Cayuga County

$

Rent Burden

16.1%

of gross income

Max Housing (28% Rule)

$1,554

per month

Owner Cost Burden

18.9%

of gross income

You can likely afford the median home in Cayuga County

Median home value is $164,200. Estimated monthly cost: $1,311 vs. your max of $1,554.

Rent Affordability Guide

Your rent-to-income ratio16.1%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $66,583Needed: $35,800
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $66,583Needed: $45,043
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $66,583Needed: $38,214

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Cayuga County, New York?
Cayuga County, New York has a median monthly rent of $895/mo and a median home value of $164,200. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Cayuga County?
The median gross rent in Cayuga County is $895/mo. This is 21% below state average for New York.
Is Cayuga County affordable?
Cayuga County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Cayuga County's rent compare to the state average?
Cayuga County's median rent of $895/mo is 21% below state average of $1,133/mo for New York.
What is the median home value in Cayuga County?
The median home value in Cayuga County, New York is $164,200. This is 42% below the national median home value of $281,900.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Cayuga County, New York? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Cayuga County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates
By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.