The Most Affordable Neighborhoods in Red Hook, NY by Home Value

 

Red Hook, NY Map of Most Affordable Neighborhoods
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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 $349,803, lower than the New York average of $481,023.

The average cost of rent is $1,202/mo in Red Hook, primarily driven by the current value of real estate in the Red Hook area. While nearly 34.52% of residents own their homes outright in Red Hook, 19.65% rent.

Housing affordability isn’t just about home prices, though. The average household income in Red Hook is $9,047 per month. Households that rent pay about 13.29% of their income on rent here. Red Hook's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.


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