The Most Affordable Neighborhoods in East Hampton, NY by Home Value

 

East Hampton, NY Map of Most Affordable Neighborhoods
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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 $1,678,586, higher than the New York average of $481,023.

The average cost of rent is $2,323/mo in East Hampton, primarily driven by the current value of real estate in the East Hampton area. While nearly 55.12% of residents own their homes outright in East Hampton, 18.25% rent.

Housing affordability isn’t just about home prices, though. The average household income in East Hampton is $8,649 per month. Households that rent pay about 26.85% of their income on rent here. East Hampton's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.


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