Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lower East Side area can be challenging. Home prices in Lower East Side are now at a median cost of $794,784, lower than the Manhattan average of $1,017,878.
The average cost of rent is $1,092/mo in Lower East Side, primarily driven by the current value of real estate in the Lower East Side area. While nearly 67.88% of residents own their homes outright in Lower East Side, 79.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lower East Side is $4,044 per month. Households that rent pay about 26.99% of their income on rent here. Lower East Side's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Chinatown, Manhattan, NY: equally priced homes
- Little Italy, Manhattan, NY: higher priced homes
- East Village, Manhattan, NY: higher priced homes
- Soho, Manhattan, NY: higher priced homes
- Dumbo, Brooklyn, NY: higher priced homes
- Tribeca, Manhattan, NY: higher priced homes
- Financial District, Manhattan, NY: higher priced homes
- Greenwich Village, Manhattan, NY: higher priced homes
- Brooklyn Heights, Brooklyn, NY: higher priced homes
- Battery Park, Manhattan, NY: higher priced homes
Neighborhoods with Similar Populations
- Northeast Raleigh, Raleigh, NC: less expensive homes
- Evergreen, San Jose, CA: higher priced homes
- Northwest, Columbus, OH: less expensive homes
- Lake View, Chicago, IL: less expensive homes
- Mid Wilshire, Los Angeles, CA: higher priced homes
- Mott Haven, Bronx, NY: less expensive homes
- Near North Side, Chicago, IL: less expensive homes
- North Long Beach, Long Beach, CA: less expensive homes
- North, Raleigh, NC: less expensive homes
- North Valley, San Jose, CA: equally priced homes
All Local Stats
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