Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Far Rockaway area can be challenging. Home prices in Far Rockaway are now at a median cost of $530,393, lower than the Queens average of $640,998.
The average cost of rent is $1,435/mo in Far Rockaway, primarily driven by the current value of real estate in the Far Rockaway area. While nearly 29.51% of residents own their homes outright in Far Rockaway, 66.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Far Rockaway is $5,691 per month. Households that rent pay about 25.22% of their income on rent here. Far Rockaway's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Arverne, Queens, NY: less expensive homes
- Rockaway Park, Queens, NY: higher priced homes
- Rosedale, Queens, NY: equally priced homes
- Springfield Gardens, Queens, NY: equally priced homes
- Laurelton, Queens, NY: equally priced homes
- Rochdale Village, Queens, NY: less expensive homes
- South Ozone Park, Queens, NY: higher priced homes
- Locust Manor, Queens, NY: equally priced homes
- Howard Beach, Queens, NY: equally priced homes
- Cambria Heights, Queens, NY: equally priced homes
Neighborhoods with Similar Populations
- Far North Dallas-Keller, Keller, TX: less expensive homes
- West Ridge, Chicago, IL: less expensive homes
- Forest Hills, Queens, NY: higher priced homes
- Estrella, Phoenix, AZ: less expensive homes
- Westchase, Houston, TX: less expensive homes
- Cedar Crest, Dallas, TX: less expensive homes
- East End, Houston, TX: less expensive homes
- Chelsea, Manhattan, NY: higher priced homes
- Downtown San Jose, San Jose, CA: higher priced homes
- Covina-Valley, Covina, CA: higher priced homes
All Local Stats
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