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These days, finding an affordable place to live in the Floral Park area can be challenging. Home prices in Floral Park are now at a median cost of $732,489, higher than the New York average of $610,895.
The average cost of rent is $2,387/mo in Floral Park, primarily driven by the current value of real estate in the Floral Park area. In Floral Park, 14.57% of households rent, and 40.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Floral Park is $12,312 per month. Households that rent pay about 19.39% of their income on rent here. Floral Park’s most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bellerose, NY: higher priced homes
- South Floral Park, NY: less expensive homes
- Stewart Manor, NY: equally priced homes
- Bellerose Terrace, NY: less expensive homes
- Elmont, NY: less expensive homes
- North New Hyde Park, NY: equally priced homes
- New Hyde Park, NY: higher priced homes
- Franklin Square, NY: equally priced homes
- Queens Village, NY: less expensive homes
- Garden City Park, NY: higher priced homes
Cities with Similar Populations
- Rensselaer, NY: less expensive homes
- Hopkins, MN: less expensive homes
- Ionia, MI: less expensive homes
- Iselin, NJ: less expensive homes
- Jackson, GA: less expensive homes
- Jacksonville, AL: less expensive homes
- Jacksonville, IL: less expensive homes
- Jasmine Estates, FL: less expensive homes
- Abbeville, LA: less expensive homes
- Madison, IN: less expensive homes
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