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Affordable
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These days, finding an affordable place to live in the 11042 area can be challenging. Home prices in 11042 are now at a median cost of $1,602,300, higher than the New York average of $610,895.
The average cost of rent is $3,501/mo in 11042, primarily driven by the current value of real estate in the 11042 area. In 11042, 1.53% of households rent, and 61.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 11042 is $20,318 per month. Households that rent pay about 17.23% of their income on rent here. 11042’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southwestern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
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