Cost of Living in Chemung County, New York

$1,020/mo

Median Monthly Rent

$132,100

Median Home Value

10% below state averageUnaffordable

At a Glance

Median Monthly Rent

$1,020/mo

10% below state average

Median Home Value

$132,100

53% below national

Rent-to-Income Ratio

31.0%

% 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 Chemung County Compares

Median monthly rent comparison

Chemung County$1,020/mo

New York Average$1,133/mo

National Median$1,163/mo

Detailed Housing Stats

$1,020/mo

Median Gross Rent

$132,100

Median Home Value

$952/mo

Monthly Owner Cost

31.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Chemung County, New York

Chemung rents run above national norms

Chemung County residents spend 19.3% of their income on rent—above the national average of 17.0%—with a median household income of $63,469 running about $11,000 below the national median. The combination of below-average wages and above-average rents creates tighter housing budgets than most American counties.

Above state average affordability burden

Chemung County's rent-to-income ratio of 19.3% exceeds New York's state average of 17.6%, placing it among the state's less affordable counties. The $1,020 median rent runs $113 above the state average, straining household budgets more than most comparable New York regions.

Upstate pricing amid regional competition

Chemung's $1,020 rent exceeds nearby Broome ($914) and Allegany ($754) but undercuts the Finger Lakes and Rochester areas, with home values of $132,100 representing moderate accessibility. The county sits at the affordability inflection point where Upstate meets mid-market pricing.

Housing absorbs larger income share

Renters spend 19.3% of the $63,469 median income on $1,020 monthly rent, while homeowners dedicate 18.0% to ownership costs ($952/month). Both figures exceed state and national averages, leaving less discretionary income than comparable counties.

Weigh Corning's appeal against costs

Chemung County offers Corning's cultural amenities and small-city stability, but housing costs run steeper than comparable rural alternatives—expect to dedicate roughly 19–20% of income to rent. If your income exceeds $65,000 and you value regional amenities over maximum affordability, the county remains viable.

Affordability Calculator

See how your income compares to housing costs in Chemung County

Your Annual Household Income

Rent Burden

19.3%

of gross income

Max Housing (28% Rule)

$1,481

per month

Owner Cost Burden

18.0%

of gross income

You can likely afford the median home in Chemung County

Median home value is $132,100. Estimated monthly cost: $1,055 vs. your max of $1,481.

Rent Affordability Guide

Your rent-to-income ratio19.3%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Chemung County, New York?

Chemung County, New York has a median monthly rent of $1,020/mo and a median home value of $132,100. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.

What is the median rent in Chemung County?

The median gross rent in Chemung County is $1,020/mo. This is 10% below state average for New York.

Is Chemung County affordable?

Chemung County is rated Unaffordable based on rent-to-income ratio of 31.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Chemung County's rent compare to the state average?

Chemung County's median rent of $1,020/mo is 10% below state average of $1,133/mo for New York.

What is the median home value in Chemung County?

The median home value in Chemung County, New York is $132,100. This is 53% below the national median home value of $281,900.