Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bronx area can be challenging. Home prices in Bronx are now at a median cost of $429,128, lower than the New York average of $481,023.
The average cost of rent is $1,332/mo in Bronx, primarily driven by the current value of real estate in the Bronx area. While nearly 51.14% of residents own their homes outright in Bronx, 77.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bronx is $4,280 per month. Households that rent pay about 31.12% of their income on rent here. Bronx's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Englewood Cliffs, NJ: higher priced homes
- Fort Lee, NJ: equally priced homes
- Pelham Manor, NY: higher priced homes
- Mount Vernon, NY: equally priced homes
- Edgewater, NJ: higher priced homes
- Leonia, NJ: higher priced homes
- Cliffside Park, NJ: higher priced homes
- Englewood, NJ: higher priced homes
- Palisades Park, NJ: higher priced homes
- Pelham, NY: higher priced homes
Cities with Similar Populations
- Slidell, LA: less expensive homes
- Smyrna, GA: less expensive homes
- Spokane, WA: less expensive homes
- Shreveport, LA: less expensive homes
- Silver Spring, MD: equally priced homes
- Roswell, GA: equally priced homes
- Scranton, PA: less expensive homes
- San Jose, CA: higher priced homes
- Schenectady, NY: less expensive homes
- Savannah, GA: less expensive homes
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