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These days, finding an affordable place to live in the East Hampton area can be challenging. Home prices in East Hampton are now at a median cost of $1,908,909, higher than the New York average of $610,895.
The average cost of rent is $2,615/mo in East Hampton, primarily driven by the current value of real estate in the East Hampton area. In East Hampton, 24.30% of households rent, and 59.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in East Hampton is $8,909 per month. Households that rent pay about 29.36% of their income on rent here. East Hampton’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- East Hampton North, NY: less expensive homes
- Northwest Harbor, NY: less expensive homes
- Wainscott, NY: equally priced homes
- Amagansett, NY: less expensive homes
- Springs, NY: less expensive homes
- Sagaponack, NY: equally priced homes
- Sag Harbor, NY: less expensive homes
- Bridgehampton, NY: equally priced homes
- Napeague, NY: equally priced homes
- Noyack, NY: less expensive homes
Cities with Similar Populations
- Battle Creek, NE: less expensive homes
- Welch, MN: less expensive homes
- Montville, OH: less expensive homes
- Rebersburg, PA: less expensive homes
- Pomona, KS: less expensive homes
- Pattersonville, NY: less expensive homes
- North Monmouth, ME: less expensive homes
- North Hampton, OH: less expensive homes
- Newport, NY: less expensive homes
- New Salem, PA: less expensive homes
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