States › New York › Fredonia

Is Fredonia, NY expensive to live in?

CheapRent takes 16 cents of every $1 people earn here.
🏠 Rent per month (2026)$74458% lower than U.S. average
💵 Families earn per year (2026)$54,392about $4,533/month · 38% lower than U.S. average
🔑 House price$192,50042% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs about 3.5 years of household income. Commutes are short, about 16.9 minutes.

How much money do I need?

To rent here comfortably, you should earn about $29,760 a year. That is $14 an hour at a full-time job.

Is rent cheaper than other New York cities?

Yes. Rent here is cheaper than in most of New York. It is number 2 of 343 cities from cheapest to most expensive.

Fredonia
$744
$3,126
$1,562

How much do households earn in Fredonia?

Under $25k
25.7%
$25k–50k
23.7%
$50k–100k
22.2%
$100k–150k
13.7%
$150k+
8.1%

Share of households by yearly income. 21.8% of households earn $100,000 or more.

Rent by apartment size in Fredonia

SizeFredoniaU.S. average
1 bedroom$765$1,324
2 bedrooms$1,116$1,509
3 bedrooms$1,132$1,698
4 bedrooms$918$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Fredonia overall?

Everyday prices in New York overall are 8% above the U.S. average (index 107.9, U.S. = 100).

Housing
122
Goods (food, clothes…)
107
Utilities
134
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Fredonia, so the New York figure is shown.

Taxes and bills in Fredonia

🏛️ Property tax$4,725a year · 2.45% of home value · U.S. $3,119
⚡ Electric bill$89a month (typical) · U.S. $156

Life in Fredonia

Commute to work16.9 minU.S.: 26.4 min
College degree45.3%U.S.: 35.7%
Own their home53.6%U.S.: 65.2%
Below poverty line25.2%U.S.: 12.5%
Unemployment5.1%U.S.: 5.2%

Is it cheaper to rent or buy in Fredonia?

Renting is cheaper right now: about $592 a month less.

Renting
$744
Owning
$1,336

Owning assumes a typical $192,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $19,250 for the down payment.

Frequently asked questions

What is the average rent in Fredonia, NY?

Renting in Fredonia costs a median of about $744 a month in 2026, including utilities. The New York median is $2,177.

How much do I need to make to live in Fredonia?

To keep rent under 30% of income, you need about $29,760 a year, or $14 an hour at a full-time job.

Is Fredonia cheap or expensive?

Fredonia is rated Cheap: rent takes 16.4% of the typical household income of $54,392. It ranks 2nd cheapest of 343 New York cities we track.

How much are property taxes in Fredonia?

The median homeowner in Fredonia pays $4,725 a year in property taxes, about 2.45% of the median home value.

Is Fredonia more expensive than the national average?

Overall prices in New York are 8% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Fredonia?

The median home value in Fredonia is $192,500, about 3.5 times the typical yearly household income.

9,467 people live in Fredonia. Numbers are typical (middle) values.