Elmira
New York · Ranked #3 of 373 metros
97Affordable
💡
Housing in Elmira costs 2.34× the median income, below the national average of 4.5×. The median home price is $140K and median rent is $1,013/month. Elmira ranks #3 of 373 metros for affordability.
Median Home Price
🏠$140K
Need $41K income
Median Rent
🔑$1,013
Need $41K income
Building Permits
🔨93
annual
Median Income
💰$60K
Pop: 90,045
Rent Burden
⚠️33.2%
of renters paying >30%
Homeownership
🏡70.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Elmira | National |
|---|---|---|
| Price-to-Income Ratio | 2.34x | 6.1x |
| Rent Burden | 33.2% | 31.5% |
| Homeownership Rate | 70.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +44.4%Since 2000: +136%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$949/mo
1 Bedroom$978/mo
2 Bedroom$1,283/mo
3 Bedroom$1,606/mo
4 Bedroom$1,713/mo
Zillow Market Data
Home Value (ZHVI)
$149K
1yr: +1.5%5yr: +28.5%
Rent (ZORI)
$1,222/mo
1yr: +1.8%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$161K
Active Inventory
187
Days on Market
96
Sold Above List
28.3%
Price Drops
16.0%