The Most Affordable Neighborhoods in Island Park, NY by Home Value

 

Island Park, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Island Park area can be challenging. Home prices in Island Park are now at a median cost of $634,214, higher than the New York average of $610,895.

The average cost of rent is $2,717/mo in Island Park, primarily driven by the current value of real estate in the Island Park area. In Island Park, 32.65% of households rent, and 37.92% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Island Park is $9,294 per month. Households that rent pay about 29.24% of their income on rent here. Island Park’s most expensive areas are in the eastern 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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