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These days, finding an affordable place to live in the Russell Gardens area can be challenging. Home prices in Russell Gardens are now at a median cost of $1,192,800, higher than the New York average of $610,895.
The average cost of rent is $1,943/mo in Russell Gardens, primarily driven by the current value of real estate in the Russell Gardens area. In Russell Gardens, 21.95% of households rent, and 54.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Russell Gardens is $16,736 per month. Households that rent pay about 11.61% of their income on rent here. Russell Gardens’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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- Great Neck, NY: less expensive homes
- Saddle Rock, NY: higher priced homes
- Glen Oaks, NY: higher priced homes
- Plandome Heights, NY: higher priced homes
- Manhasset, NY: higher priced homes
Cities with Similar Populations
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- Seman, AL: less expensive homes
- Hebron, MS: less expensive homes
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