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These days, finding an affordable place to live in the Rotterdam area can be challenging. Home prices in Rotterdam are now at a median cost of $217,564, lower than the New York average of $610,895.
The average cost of rent is $1,210/mo in Rotterdam, primarily driven by the current value of real estate in the Rotterdam area. In Rotterdam, 21.07% of households rent, and 33.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rotterdam is $7,316 per month. Households that rent pay about 16.54% of their income on rent here. Rotterdam’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern 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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