
Home Price Key
These days, finding an affordable place to live in the Kipps area can be challenging. Home prices in Kipps are now at a median cost of $499,635, higher than the New York average of $481,023.
The average cost of rent is $793/mo in Kipps, primarily driven by the current value of real estate in the Kipps area. While nearly 48.14% of residents own their homes outright in Kipps, 5.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in Kipps is $8,428 per month. Households that rent pay about 9.41% of their income on rent here. Kipps's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
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