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These days, finding an affordable place to live in the Amsterdam area can be challenging. Home prices in Amsterdam are now at a median cost of $176,720, lower than the New York average of $610,895.
The average cost of rent is $1,021/mo in Amsterdam, primarily driven by the current value of real estate in the Amsterdam area. In Amsterdam, 39.14% of households rent, and 50.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Amsterdam is $5,956 per month. Households that rent pay about 17.14% of their income on rent here. Amsterdam’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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