The Most Affordable Neighborhoods in New Hyde Park, NY by Home Value

 

New Hyde Park, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Hyde Park area can be challenging. Home prices in New Hyde Park are now at a median cost of $818,449, higher than the New York average of $610,895.

The average cost of rent is $2,599/mo in New Hyde Park, primarily driven by the current value of real estate in the New Hyde Park area. In New Hyde Park, 9.94% of households rent, and 43.26% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in New Hyde Park is $12,065 per month. Households that rent pay about 21.54% of their income on rent here. New Hyde Park’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern 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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