Friendship, NY

Full City Profile · New York · Allegany County County

2.9 /5.0
C+ Fair
783 Population 271/sq mi density
$42,734 Median Income $25,997 per capita
$56,600 Home Value $119,076 Zillow
$996 Median Rent 40.4% income on rent
46°F Avg Temperature
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.1 / 5.0
$42,734 median income, 11.4% unemployment
A+
Affordability
5.0 / 5.0
$56,600 home value, $996/mo rent
D
Education
1.6 / 5.0
7.3% bachelor's degree or higher

Housing Overview

Median Home Value
$56,600
80% below
US avg: $281,900
Median Rent
$996/mo
14% below
US avg: $1,163/mo
Homeownership Rate
73.2%
12% above US avg (65.4%)
Total Housing Units
400
Median year built: 1938

Home Value by Source

Census Median
$56,600
Zillow (ZHVI)
$119,076
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.2%
Owner-Occupied
26.8%
Renter-Occupied
73%
27%
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: $996/mo

Affordability & Housing Stock

Rent Burden
40.4%
of renters spending 30%+ of income on housing
30% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
73.2%

Complete Housing Data

Home Values

Census Median Value$56,600
Zillow Home Value (ZHVI)$119,076

Rent

Census Median Rent$996
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-Occupied73.2%
Renter-Occupied26.8%
Homeownership Rate73.2%
Total Housing Units400
Median Year Built1938
Rent Burden40.4%