
Affordable
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These days, finding an affordable place to live in the Diamond Point area can be challenging. Home prices in Diamond Point are now at a median cost of $463,688, lower than the New York average of $610,895.
The average cost of rent is $849/mo in Diamond Point, primarily driven by the current value of real estate in the Diamond Point area. In Diamond Point, 9.89% of households rent, and 63.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Diamond Point is $8,055 per month. Households that rent pay about 10.54% of their income on rent here. Diamond Point’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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