Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Greenwood area can be challenging. Home prices in Greenwood are now at a median cost of $1,271,399, higher than the Brooklyn average of $1,035,152.
The average cost of rent is $2,419/mo in Greenwood, primarily driven by the current value of real estate in the Greenwood area. In Greenwood, 69.72% of households rent, and 39.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Greenwood is $10,855 per month. Households that rent pay about 22.29% of their income on rent here. Greenwood’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Park Slope, Brooklyn, NY: higher priced homes
- Carroll Gardens, Brooklyn, NY: higher priced homes
- Red Hook, Brooklyn, NY: higher priced homes
- Sunset Park, Brooklyn, NY: less expensive homes
- Borough Park, Brooklyn, NY: equally priced homes
- Columbia Street Waterfront District, Brooklyn, NY: higher priced homes
- Boerum Hill, Brooklyn, NY: higher priced homes
- Cobble Hill, Brooklyn, NY: higher priced homes
- Flatbush-Ditmas Park, Brooklyn, NY: less expensive homes
- Prospect Lefferts Gardens, Brooklyn, NY: less expensive homes
Neighborhoods with Similar Populations
- Greater Rosemont, Baltimore, MD: less expensive homes
- Cully, Portland, OR: less expensive homes
- Waikiki, Honolulu, HI: less expensive homes
- Villa Carolina, Carolina, PR: less expensive homes
- Drnag, San Bernardino, CA: less expensive homes
- Eads-Fisherville, Cordova, TN: less expensive homes
- East Garfield Park, Chicago, IL: less expensive homes
- Tule Springs, Las Vegas, NV: less expensive homes
- Sunrise, Las Vegas, NV: less expensive homes
- Au-Tenleytown, Washington, DC: higher priced homes
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