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These days, finding an affordable place to live in the Greenvale area can be challenging. Home prices in Greenvale are now at a median cost of $1,181,093, higher than the New York average of $610,895.
The average cost of rent is $2,156/mo in Greenvale, primarily driven by the current value of real estate in the Greenvale area. In Greenvale, 8.25% of households rent, and 42.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Greenvale is $15,499 per month. Households that rent pay about 13.91% of their income on rent here. Greenvale’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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