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Farnham, NY

Full City Profile · New York · Chautauqua County County

3.1 /5.0
B Good
398 Population 329/sq mi density
$75,938 Median Income $32,101 per capita
$124,000 Home Value $210,346 Zillow
$1,087 Median Rent 51.0% income on rent
47°F Avg Temperature 259 sunny days/yr
358 Violent Crime/100K 1,963 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$75,938 median income, 5.1% unemployment
A+
Affordability
5.0 / 5.0
$124,000 home value, $1,087/mo rent
F
Safety
1.0 / 5.0
358 violent crimes/100K
C
Education
2.3 / 5.0
15.7% bachelor's degree or higher

Housing Overview

Median Home Value
$124,000
56% below
US avg: $281,900
Median Rent
$1,087/mo
7% below
US avg: $1,163/mo
Homeownership Rate
75.2%
15% above US avg (65.4%)
Total Housing Units
170
Median year built: 1938

Home Value by Source

Census Median
$124,000
Zillow (ZHVI)
$210,346
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

75.2%
Owner-Occupied
24.8%
Renter-Occupied
75%
25%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent: $1,087/mo

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
75.2%

Complete Housing Data

Home Values

Census Median Value$124,000
Zillow Home Value (ZHVI)$210,346

Rent

Census Median Rent$1,087
FMR Studio$1,215
FMR 1-Bedroom$1,315
FMR 2-Bedroom$1,579
FMR 3-Bedroom$1,976
FMR 4-Bedroom$2,193

Market

Ownership & Stock

Owner-Occupied75.2%
Renter-Occupied24.8%
Homeownership Rate75.2%
Total Housing Units170
Median Year Built1938
Rent Burden51.0%