Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Red Hook area can be challenging. Home prices in Red Hook are now at a median cost of $1,533,271, higher than the Brooklyn average of $890,406.
The average cost of rent is $1,227/mo in Red Hook, primarily driven by the current value of real estate in the Red Hook area. While nearly 29.49% of residents own their homes outright in Red Hook, 69.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Red Hook is $4,094 per month. Households that rent pay about 29.98% of their income on rent here. Red Hook's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Carroll Gardens, Brooklyn, NY: equally priced homes
- Columbia Street Waterfront District, Brooklyn, NY: less expensive homes
- Cobble Hill, Brooklyn, NY: higher priced homes
- Greenwood, Brooklyn, NY: less expensive homes
- Boerum Hill, Brooklyn, NY: equally priced homes
- Brooklyn Heights, Brooklyn, NY: less expensive homes
- Park Slope, Brooklyn, NY: equally priced homes
- Downtown Brooklyn, Brooklyn, NY: less expensive homes
- Dumbo, Brooklyn, NY: less expensive homes
- Financial District, Manhattan, NY: less expensive homes
Neighborhoods with Similar Populations
- Downtown Redmond, Redmond, WA: less expensive homes
- Downtown Pensacola, Pensacola, FL: less expensive homes
- Beard, Napa, CA: less expensive homes
- Bryant Pattengill East, Ann Arbor, MI: less expensive homes
- Clarendon, Arlington, VA: less expensive homes
- Carmel Mountain, San Diego, CA: less expensive homes
- City Park, Denver, CO: less expensive homes
- Prides Crossing, Aurora, CO: less expensive homes
- Southsuide Estates, Jacksonville, FL: less expensive homes
- South Chicago, Chicago, IL: less expensive homes
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