The Most Affordable Neighborhoods in Middletown-Pelham Bay, Bronx, NY by Home Value

 

Middletown-Pelham Bay, Bronx, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Middletown-Pelham Bay area can be challenging. Home prices in Middletown-Pelham Bay are now at a median cost of $676,963, higher than the Bronx average of $507,903.

The average cost of rent is $2,120/mo in Middletown-Pelham Bay, primarily driven by the current value of real estate in the Middletown-Pelham Bay area. In Middletown-Pelham Bay, 81.27% of households rent, and 71.01% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Middletown-Pelham Bay is $5,283 per month. Households that rent pay about 40.12% of their income on rent here. Middletown-Pelham Bay’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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