The Most Affordable Neighborhoods in Bedford-Stuyvesant, Brooklyn, NY by Home Value

 

Bedford-Stuyvesant, Brooklyn, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Bedford-Stuyvesant area can be challenging. Home prices in Bedford-Stuyvesant are now at a median cost of $1,249,735, higher than the Brooklyn average of $1,035,152.

The average cost of rent is $1,940/mo in Bedford-Stuyvesant, primarily driven by the current value of real estate in the Bedford-Stuyvesant area. In Bedford-Stuyvesant, 80.27% of households rent, and 34.26% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Bedford-Stuyvesant is $6,928 per month. Households that rent pay about 28.00% of their income on rent here. Bedford-Stuyvesant’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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