The Most Affordable Neighborhoods in Greenpoint, Brooklyn, NY by Home Value

 

Greenpoint, Brooklyn, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Greenpoint area can be challenging. Home prices in Greenpoint are now at a median cost of $1,436,587, higher than the Brooklyn average of $1,035,152.

The average cost of rent is $2,877/mo in Greenpoint, primarily driven by the current value of real estate in the Greenpoint area. In Greenpoint, 79.99% of households rent, and 47.26% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Greenpoint is $12,890 per month. Households that rent pay about 22.32% of their income on rent here. Greenpoint’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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