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These days, finding an affordable place to live in the Roosevelt Island area can be challenging. Home prices in Roosevelt Island are now at a median cost of $1,196,363, higher than the Manhattan average of $1,108,809.
The average cost of rent is $3,007/mo in Roosevelt Island, primarily driven by the current value of real estate in the Roosevelt Island area. In Roosevelt Island, 81.14% of households rent, and 34.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Roosevelt Island is $10,254 per month. Households that rent pay about 29.33% of their income on rent here. Roosevelt Island’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Upper East Side, Manhattan, NY: higher priced homes
- North Sutton Area, Manhattan, NY: equally priced homes
- Long Island City, Queens, NY: less expensive homes
- Carnegie Hill, Manhattan, NY: higher priced homes
- Midtown, Manhattan, NY: less expensive homes
- Astoria, Queens, NY: less expensive homes
- Murray Hill, Manhattan, NY: less expensive homes
- Yorkville, Manhattan, NY: equally priced homes
- Sunnyside, Queens, NY: less expensive homes
- Theater District, Manhattan, NY: equally priced homes
Neighborhoods with Similar Populations
- Broadway Junction, Brooklyn, NY: less expensive homes
- Pinehurst, Everett, WA: less expensive homes
- Steele Creek, Charlotte, NC: less expensive homes
- Madisonville, Cincinnati, OH: less expensive homes
- Mount Pleasant, Providence, RI: less expensive homes
- Allandale, Austin, TX: less expensive homes
- Norteast Citizens Action, Grand Rapids, MI: less expensive homes
- North Los Altos, Los Altos, CA: higher priced homes
- Reservoir Hill-Bolton Hill, Baltimore, MD: less expensive homes
- Silver Spring, Milwaukee, WI: less expensive homes
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