The Most Affordable Neighborhoods in East Harlem, Manhattan, NY by Home Value

 

East Harlem, Manhattan, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the East Harlem area can be challenging. Home prices in East Harlem are now at a median cost of $711,053, lower than the Manhattan average of $1,017,878.

The average cost of rent is $1,048/mo in East Harlem, primarily driven by the current value of real estate in the East Harlem area. While nearly 42.62% of residents own their homes outright in East Harlem, 92.17% rent.

Housing affordability isn’t just about home prices, though. The average household income in East Harlem is $2,956 per month. Households that rent pay about 35.44% of their income on rent here. East Harlem's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the neighborhood.


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