CostBy County

Cost of Living in Cortland County, New York

$984/mo
Median Monthly Rent
$162,100
Median Home Value

At a Glance

Median Monthly Rent
$984/mo
16% below state average
Median Home Value
$162,100
51% below national
Census GRAPI
30.3%
Median gross rent as % of renter income

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

Affordability Rating
Stretched
Median gross rent is 30–50% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Cortland County Compares

Median monthly rent comparison

Cortland County$984/mo
New York Average$1,168/mo
National Median$1,413/mo

Detailed Housing Stats

$984/mo
Median Gross Rent
$162,100
Median Home Value
$1,089/mo
Monthly Owner Cost
30.3%
Census GRAPI

National Ranking

Affordability Rank

Cortland County ranks #2,258 of 3,142 counties for affordability (bottom 28%)

Most AffordableLeast Affordable

Sourced county brief

Cortland County Official GRAPI Estimated at 30.3 Percent

The official median gross rent as a percentage of household income (GRAPI) in Cortland County was 30.3% according to the latest ACS 5-year data. This percentage is 0.5 percentage points above the New York unweighted county mean official GRAPI of 29.8%. The median gross rent in the county was recorded at $984 per month, which is $184 below the state unweighted county mean of $1,168. Median renter-household income was $42,202. Among owner-occupied units, the median home value was $162,100, positioned $119,100 below the state unweighted county mean of $281,200. Median selected monthly owner costs were $1,089, which is $263 below the New York unweighted county mean of $1,352. The median household income for all households was $70,418. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Cortland County

Affordability Verdict

ACS B25071 estimates median gross rent at 30.3% of renter household income in Cortland County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $984 per month; median selected monthly owner costs are $1,089. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $39,360 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The New York unweighted mean of county median rents is $1,168 per month. Cortland County's $984 median is 15.8% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Cortland County

$

Rent Burden

16.8%

of gross income

Max Housing (28% Rule)

$1,643

per month

Owner Cost Burden

18.6%

of gross income

You can likely afford the median home in Cortland County

Median home value is $162,100. Estimated monthly cost: $1,294 vs. your max of $1,643.

Rent Affordability Guide

Your entered rent as a share of entered income16.8%
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: $70,418Needed: $39,360
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $70,418Needed: $46,671
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $70,418Needed: $37,725

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 Cortland County, New York?
Cortland County, New York has a median monthly rent of $984/mo and a median home value of $162,100. The affordability rating is Stretched, with median gross rent equal to approximately 30.3% of renter household income.
What is the median rent in Cortland County?
The median gross rent in Cortland County is $984/mo. This is 16% below state average for New York.
Is Cortland County affordable?
Cortland County is rated Stretched using the Census median gross-rent-as-a-percentage-of-income measure of 30.3%. Median gross rent is 30–50% of renter household income.
How does Cortland County's rent compare to the state average?
Cortland County's median rent of $984/mo is 16% below state average of $1,168/mo for New York.
What is the median home value in Cortland County?
The median home value in Cortland County, New York is $162,100. This is 51% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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