Home prices
The value of the median home in Rochester is $83,100. Compared to nearby areas it is about $50,600 (37%) lower.Compared to the United States as a whole it is roughly $134,400 (61%) lower, and is roughly $6,700 (7%) lower in comparison to the city of Buffalo.
Rents
Rochester's median monthly rent is $848. In comparison to other places in this area it is approximately $119 (12%) lower.In comparison to the entire nation it is roughly $214 (20%) lower, and in comparison to the city of Buffalo is about $72 (9%) higher.
Nearby places
Irondequoit
Irondequoit is Rochester's neighbor to the northeast. The housing prices there are a lot more expensive. Irondequoit's median home cost is $123,800, which comes out to $40,700 (32%) higher than Rochester. Rents there are somewhat more expensive. Irondequoit's median rent is $909 a month, which works out to $61 (6%) higher than Rochester.
Gates
Gates is Rochester's neighbor to the west. Its housing prices are somewhat more expensive. The median home price in Gates is $118,400, which is $35,300 (29%) higher than Rochester. Rent there is somewhat more expensive. In Gates the median monthly rent is $1,190, which comes out to $342 (28%) higher than Rochester.
Brighton
Brighton is Rochester's neighbor to the southeast. The real estate prices there are substantially more expensive. The cost of the median home in Brighton is $184,600, which comes out to $101,500 (54%) higher than Rochester. Rents there are a little more expensive. In Brighton the median rent is $1,049 a month, which is $201 (19%) higher than Rochester.
North Gates
North Gates is Rochester's neighbor to the west. The real estate prices there are a little more expensive. The median home price in North Gates is $119,000, which works out to $35,900 (30%) higher than Rochester. Rents there are fairly similar. The median monthly rent in North Gates is $832, which works out to $16 (1%) lower than Rochester.
Greece
Greece is roughly 4 miles northwest of Rochester. The housing prices there are a lot more expensive. The price of the median home in Greece is $122,700, which works out to $39,600 (32%) higher than Rochester. Its rents are fairly similar. The median monthly rent in Greece is $856, which is very similar to Rochester.