The Most Affordable Neighborhoods in Great Neck Plaza, NY by Home Value

 

Great Neck Plaza, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Great Neck Plaza area can be challenging. Home prices in Great Neck Plaza are now at a median cost of $461,480, lower than the New York average of $481,023.

The average cost of rent is $2,145/mo in Great Neck Plaza, primarily driven by the current value of real estate in the Great Neck Plaza area. While nearly 57.89% of residents own their homes outright in Great Neck Plaza, 41.57% rent.

Housing affordability isn’t just about home prices, though. The average household income in Great Neck Plaza is $8,620 per month. Households that rent pay about 24.89% of their income on rent here. Great Neck Plaza's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.


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