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Affordable
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These days, finding an affordable place to live in the Bellerose Terrace area can be challenging. Home prices in Bellerose Terrace are now at a median cost of $541,200, lower than the New York average of $610,895.
The average cost of rent is $1,583/mo in Bellerose Terrace, primarily driven by the current value of real estate in the Bellerose Terrace area. In Bellerose Terrace, 8.13% of households rent, and 14.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bellerose Terrace is $13,925 per month. Households that rent pay about 11.37% of their income on rent here. Bellerose Terrace’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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