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 $765,529, lower than the Brooklyn average of $1,035,152.

The average cost of rent is $1,529/mo in Broadway Junction, primarily driven by the current value of real estate in the Broadway Junction area. In Broadway Junction, 83.69% of households rent, and 53.97% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Broadway Junction is $5,194 per month. Households that rent pay about 29.44% of their income on rent here. Broadway Junction’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern 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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