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These days, finding an affordable place to live in the Long Beach area can be challenging. Home prices in Long Beach are now at a median cost of $718,447, higher than the New York average of $610,895.
The average cost of rent is $2,746/mo in Long Beach, primarily driven by the current value of real estate in the Long Beach area. In Long Beach, 32.90% of households rent, and 33.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Long Beach is $12,644 per month. Households that rent pay about 21.72% of their income on rent here. Long Beach’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Island Park, NY: less expensive homes
- Hewlett Neck, NY: higher priced homes
- Atlantic Beach, NY: higher priced homes
- Hewlett Harbor, NY: higher priced homes
- Woodsburgh, NY: higher priced homes
- Oceanside, NY: less expensive homes
- Hewlett Bay Park, NY: higher priced homes
- East Rockaway, NY: less expensive homes
- Lawrence, NY: higher priced homes
- Lido Beach, NY: equally priced homes
Cities with Similar Populations
- London, KY: less expensive homes
- Saratoga Springs, UT: less expensive homes
- Sandusky, OH: less expensive homes
- Perry Hall, MD: less expensive homes
- Oswego, IL: less expensive homes
- Mount Pleasant, MI: less expensive homes
- Maricopa, AZ: less expensive homes
- Madison, TN: less expensive homes
- Los Altos, CA: higher priced homes
- Schertz, TX: less expensive homes
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