Auburn, New York Housing Market Prices
Auburn Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 75% below the New York median$116,666
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Median rent 45% below the New York median$896
Housing Market Overview
| Metric | Auburn | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $116,666 | $471,885 | $248,835 |
| Price Trend (Annual %) | 21.7% | 7.1% | 7.5% |
| Median Gross Rent | $896 | $1,621 | $1,407 |
| Rent Trend (Annual %) | 3.6% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Auburn is about 75% lower than in New York. Rent is about 45% lower than the New York average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Auburn, up about 21.7% and 3.6% a year respectively. Home prices are changing faster.
Median rent in Auburn rose about 36.9% between 2015 and 2024, from $654 to $896. Over the same span, rent in New York rose about 43.2%.
Affordability
On average, housing unit costs 2.3 yearly household incomes in Auburn.
Buying the median-priced home in Auburn costs roughly 10.9 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Auburn. The price-to-rent ratio in New York is about 24.3.
| Metric | Auburn | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $116,666 | $471,885 | $248,835 |
| Median Household Income | $50,779 | $86,556 | $80,455 |
| Price-to-Income Ratio | 2.3 | 5.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Auburn rose about 194.0%, while median household income rose about 35.0% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Auburn | New York Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 43.2% | 48.8% | 58.5% |
| Rental Rate | 45.8% | 41.1% | 31.2% |
| Vacancy Rate | 10.9% | 10.1% | 10.2% |
| Median Tenure (years) | 13.0 | 17.0 | 15.0 |
| Median Year Moved In | 2013 | 2009 | 2011 |
Auburn has a homeownership rate of 43.2%, lower than the New York average of 48.8%. Its housing vacancy rate is 10.9%, compared with 10.1% in New York.
Housing Stock
| Metric | Auburn | New York Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.04 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1949 | 1960 | 1978 |
| Median Number of Rooms | 5.8 | 5.0 | 5.5 |
The typical housing unit in Auburn was built around 1949. On average, 2.0 people live in a home with about 5.8 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Auburn, New York.
What is the median home price in Auburn, New York?
The median home price in Auburn, New York is $116,666, lower than the New York average of $471,885.
What is the average home price in Auburn, New York?
The typical home price in Auburn, New York, reported as the median sale price, is $116,666. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Auburn, New York?
The median gross rent in Auburn, New York is $896 per month, lower than the New York average of $1,621.
What was the median gross rent in Auburn in 2020?
In 2020, the median gross rent in Auburn, New York was $742 per month.
What is the price-to-rent ratio in Auburn, New York?
The price-to-rent ratio in Auburn, New York is about 10.9, meaning it would take roughly 10.9 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Auburn.
Are home prices or rent rising faster in Auburn, New York?
Both home prices and rent are rising in Auburn, up about 21.7% and 3.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Auburn, New York?
43.2% of households in Auburn, New York own their home, lower than the New York average of 48.8%.
What is the vacancy rate in Auburn, New York?
The housing vacancy rate in Auburn, New York is 10.9%, higher than the New York average of 10.1%.
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