The Most Affordable Neighborhoods in Carnegie Hill, Manhattan, NY by Home Value

 

Carnegie Hill, Manhattan, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Carnegie Hill area can be challenging. Home prices in Carnegie Hill are now at a median cost of $1,544,973, higher than the Manhattan average of $1,108,809.

The average cost of rent is $2,950/mo in Carnegie Hill, primarily driven by the current value of real estate in the Carnegie Hill area. In Carnegie Hill, 58.43% of households rent, and 57.05% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Carnegie Hill is $14,529 per month. Households that rent pay about 20.30% of their income on rent here. Carnegie Hill’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern 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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