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These days, finding an affordable place to live in the Brooklyn Heights area can be challenging. Home prices in Brooklyn Heights are now at a median cost of $1,309,684, higher than the Brooklyn average of $1,035,152.
The average cost of rent is $2,969/mo in Brooklyn Heights, primarily driven by the current value of real estate in the Brooklyn Heights area. In Brooklyn Heights, 49.40% of households rent, and 49.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Brooklyn Heights is $15,268 per month. Households that rent pay about 19.45% of their income on rent here. Brooklyn Heights’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.
Nearby Neighborhoods
- Dumbo, Brooklyn, NY: equally priced homes
- Cobble Hill, Brooklyn, NY: higher priced homes
- Downtown Brooklyn, Brooklyn, NY: less expensive homes
- Columbia Street Waterfront District, Brooklyn, NY: higher priced homes
- Boerum Hill, Brooklyn, NY: higher priced homes
- Financial District, Manhattan, NY: equally priced homes
- Carroll Gardens, Brooklyn, NY: higher priced homes
- Chinatown, Manhattan, NY: less expensive homes
- Lower East Side, Manhattan, NY: less expensive homes
- Red Hook, Brooklyn, NY: higher priced homes
Neighborhoods with Similar Populations
- Park Hill, Denver, CO: less expensive homes
- Cully, Portland, OR: less expensive homes
- SouthWest Santa Rosa, Santa Rosa, CA: less expensive homes
- Del Rio, Jacksonville, FL: less expensive homes
- South Southwest, San Antonio, TX: less expensive homes
- Maplewood, Rochester, NY: less expensive homes
- Sandy Beach, Fall River, MA: less expensive homes
- Fair Haven, New Haven, CT: less expensive homes
- Rockaway Park, Queens, NY: less expensive homes
- Franklin Park, Toledo, OH: less expensive homes
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