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 $694,184, higher than the New York average of $481,023.

The average cost of rent is $2,281/mo in New Hyde Park, primarily driven by the current value of real estate in the New Hyde Park area. While nearly 32.57% of residents own their homes outright in New Hyde Park, 12.38% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Hyde Park is $12,742 per month. Households that rent pay about 17.90% of their income on rent here. New Hyde Park's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.


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