Affordable
Expensive
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These days, finding an affordable place to live in the Cobble Hill area can be challenging. Home prices in Cobble Hill are now at a median cost of $1,600,045, higher than the Brooklyn average of $1,035,152.
The average cost of rent is $3,177/mo in Cobble Hill, primarily driven by the current value of real estate in the Cobble Hill area. In Cobble Hill, 58.37% of households rent, and 31.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cobble Hill is $16,228 per month. Households that rent pay about 19.57% of their income on rent here. Cobble Hill’s most expensive areas are in the central 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
- Columbia Street Waterfront District, Brooklyn, NY: equally priced homes
- Brooklyn Heights, Brooklyn, NY: less expensive homes
- Boerum Hill, Brooklyn, NY: equally priced homes
- Downtown Brooklyn, Brooklyn, NY: less expensive homes
- Carroll Gardens, Brooklyn, NY: equally priced homes
- Red Hook, Brooklyn, NY: equally priced homes
- Dumbo, Brooklyn, NY: less expensive homes
- Financial District, Manhattan, NY: less expensive homes
- Fort Green, Brooklyn, NY: less expensive homes
- Park Slope, Brooklyn, NY: equally priced homes
Neighborhoods with Similar Populations
- Elwood, East Northport, NY: less expensive homes
- Downtown Marion, Marion, OH: less expensive homes
- Downtown Little Rock, Little Rock, AR: less expensive homes
- Belmont, Lincoln, NE: less expensive homes
- Colonial Heights, Yonkers, NY: less expensive homes
- Ardenwood, Fremont, CA: less expensive homes
- Panther Creek, The Woodlands, TX: less expensive homes
- Northeast Hazel Dell, Hazel Dell, WA: less expensive homes
- Fishers Landing East, Vancouver, WA: less expensive homes
- Crossroads, Highland, CA: less expensive homes
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