Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Borough Park area can be challenging. Home prices in Borough Park are now at a median cost of $978,661, higher than the Brooklyn average of $890,406.
The average cost of rent is $1,583/mo in Borough Park, primarily driven by the current value of real estate in the Borough Park area. While nearly 50.25% of residents own their homes outright in Borough Park, 69.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in Borough Park is $4,893 per month. Households that rent pay about 32.36% of their income on rent here. Borough Park's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Ditmas Park, Brooklyn, NY: equally priced homes
- Sunset Park, Brooklyn, NY: equally priced homes
- Dyker Heights, Brooklyn, NY: equally priced homes
- Flatbush-Ditmas Park, Brooklyn, NY: equally priced homes
- Mapleton-Flatlands, Brooklyn, NY: less expensive homes
- Greenwood, Brooklyn, NY: equally priced homes
- Bensonhurst, Brooklyn, NY: equally priced homes
- Prospect Lefferts Gardens, Brooklyn, NY: less expensive homes
- Park Slope, Brooklyn, NY: higher priced homes
- Bay Ridge-Fort Hamilton, Brooklyn, NY: less expensive homes
Neighborhoods with Similar Populations
- North Last Vegas, North Las Vegas, NV: less expensive homes
- Southeast, Houston, TX: less expensive homes
- North Scottsdale, Scottsdale, AZ: less expensive homes
- Camelback East, Phoenix, AZ: less expensive homes
- Sunset Park, Brooklyn, NY: equally priced homes
- Spring Branch, Houston, TX: less expensive homes
- Southeast Mesa, Mesa, AZ: less expensive homes
- Southeast Los Angeles, Los Angeles, CA: less expensive homes
- Upper West Side, Manhattan, NY: higher priced homes
- Wakefield-Williamsbridge, Bronx, NY: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood