The Most Affordable Neighborhoods in Broadway Junction, Brooklyn, NY by Home Value

 

Broadway Junction, Brooklyn, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Broadway Junction area can be challenging. Home prices in Broadway Junction are now at a median cost of $572,389, lower than the Brooklyn average of $890,406.

The average cost of rent is $1,264/mo in Broadway Junction, primarily driven by the current value of real estate in the Broadway Junction area. While nearly 60.44% of residents own their homes outright in Broadway Junction, 81.55% rent.

Housing affordability isn’t just about home prices, though. The average household income in Broadway Junction is $3,261 per month. Households that rent pay about 38.75% of their income on rent here. Broadway Junction's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the neighborhood.


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