Expensive
Affordable
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These days, finding an affordable place to live in the Old Westbury area can be challenging. Home prices in Old Westbury are now at a median cost of $1,894,835, higher than the New York average of $610,895.
The average cost of rent is $3,392/mo in Old Westbury, primarily driven by the current value of real estate in the Old Westbury area. In Old Westbury, 6.76% of households rent, and 47.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Old Westbury is $20,476 per month. Households that rent pay about 16.56% of their income on rent here. Old Westbury’s most expensive areas are in the central regions, while the cheapest areas are in the eastern 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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