Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the South Beach area can be challenging. Home prices in South Beach are now at a median cost of $707,044, higher than the Staten Island average of $687,440.
The average cost of rent is $1,835/mo in South Beach, primarily driven by the current value of real estate in the South Beach area. In South Beach, 35.95% of households rent, and 36.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Beach is $7,623 per month. Households that rent pay about 24.07% of their income on rent here. South Beach’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Concord, Staten Island, NY: less expensive homes
- Shore Acres, Staten Island, NY: less expensive homes
- Rosebank, Staten Island, NY: less expensive homes
- Midland Beach, Staten Island, NY: equally priced homes
- Todt Hill, Staten Island, NY: higher priced homes
- Clifton, Staten Island, NY: equally priced homes
- Sunset Hill, Staten Island, NY: equally priced homes
- Oakwood, Staten Island, NY: equally priced homes
- New Brighton, Staten Island, NY: less expensive homes
- Westerleigh-Castleton, Staten Island, NY: equally priced homes
Neighborhoods with Similar Populations
- Brighton Beach, Brooklyn, NY: less expensive homes
- Glassell Park, Los Angeles, CA: higher priced homes
- Estrella-Tolleson, Tolleson, AZ: less expensive homes
- Forest Park, Springfield, MA: less expensive homes
- Garfield Ridge, Chicago, IL: less expensive homes
- Near South Side, Chicago, IL: less expensive homes
- Las Tierras, El Paso, TX: less expensive homes
- North Central, Philadelphia, PA: less expensive homes
- North Dorchester, Boston, MA: equally priced homes
- North End, St. Paul, MN: less expensive homes
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