Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gravesend-Sheepshead Bay area can be challenging. Home prices in Gravesend-Sheepshead Bay are now at a median cost of $790,214, lower than the Brooklyn average of $890,406.
The average cost of rent is $1,517/mo in Gravesend-Sheepshead Bay, primarily driven by the current value of real estate in the Gravesend-Sheepshead Bay area. While nearly 51.13% of residents own their homes outright in Gravesend-Sheepshead Bay, 54.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gravesend-Sheepshead Bay is $5,726 per month. Households that rent pay about 26.49% of their income on rent here. Gravesend-Sheepshead Bay's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Sheepshead Bay, Brooklyn, NY: equally priced homes
- Brighton Beach, Brooklyn, NY: less expensive homes
- Manhattan Beach, Brooklyn, NY: higher priced homes
- Coney Island, Brooklyn, NY: less expensive homes
- Bensonhurst, Brooklyn, NY: higher priced homes
- Mapleton-Flatlands, Brooklyn, NY: equally priced homes
- Borough Park, Brooklyn, NY: higher priced homes
- Ditmas Park, Brooklyn, NY: higher priced homes
- Dyker Heights, Brooklyn, NY: higher priced homes
- Bergen Beach, Brooklyn, NY: equally priced homes
Neighborhoods with Similar Populations
- North Last Vegas, North Las Vegas, NV: less expensive homes
- Southeast, Houston, TX: less expensive homes
- Bedford-Stuyvesant, Brooklyn, NY: higher priced homes
- Washington Heights, Manhattan, NY: less expensive homes
- Upper West Side, Manhattan, NY: higher priced homes
- Bushwick, Brooklyn, NY: equally priced homes
- Camelback East, Phoenix, AZ: less expensive homes
- Upper East Side, Manhattan, NY: higher priced homes
- Northland, Columbus, OH: less expensive homes
- Southeast Mesa, Mesa, AZ: less expensive homes
All Local Stats
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