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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 $119,543, lower than the New York average of $481,023.
The average cost of rent is $885/mo in Amsterdam, primarily driven by the current value of real estate in the Amsterdam area. While nearly 50.51% of residents own their homes outright in Amsterdam, 38.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Amsterdam is $4,431 per month. Households that rent pay about 19.97% of their income on rent here. Amsterdam's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
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