Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Boerum Hill area can be challenging. Home prices in Boerum Hill are now at a median cost of $1,516,609, higher than the Brooklyn average of $890,406.
The average cost of rent is $2,510/mo in Boerum Hill, primarily driven by the current value of real estate in the Boerum Hill area. While nearly 33.47% of residents own their homes outright in Boerum Hill, 77.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in Boerum Hill is $10,914 per month. Households that rent pay about 23.00% of their income on rent here. Boerum Hill's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Downtown Brooklyn, Brooklyn, NY: less expensive homes
- Cobble Hill, Brooklyn, NY: higher priced homes
- Carroll Gardens, Brooklyn, NY: equally priced homes
- Columbia Street Waterfront District, Brooklyn, NY: less expensive homes
- Brooklyn Heights, Brooklyn, NY: less expensive homes
- Fort Green, Brooklyn, NY: less expensive homes
- Dumbo, Brooklyn, NY: less expensive homes
- Park Slope, Brooklyn, NY: equally priced homes
- Red Hook, Brooklyn, NY: equally priced homes
- Clinton Hill, Brooklyn, NY: less expensive homes
Neighborhoods with Similar Populations
- Shadow Creek Ranch, Pearland, TX: less expensive homes
- Highland, St. Paul, MN: less expensive homes
- Eastchester, Bronx, NY: less expensive homes
- Northwest Austin, Austin, TX: less expensive homes
- Oxon Hill-Glassmanor, Oxon Hill, MD: less expensive homes
- Parkside, San Francisco, CA: less expensive homes
- South Philadelphia, Philadelphia, PA: less expensive homes
- Cooper Mountain-Aloha North, Aloha, OR: less expensive homes
- Cal Young, Eugene, OR: less expensive homes
- Fishtown, Philadelphia, PA: less expensive homes
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