Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the South Bombay area can be challenging. Home prices in South Bombay are now at a median cost of $102,936, lower than the New York average of $481,023.
The average cost of rent is $708/mo in South Bombay, primarily driven by the current value of real estate in the South Bombay area. While nearly 64.07% of residents own their homes outright in South Bombay, 48.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Bombay is $3,188 per month. Households that rent pay about 22.21% of their income on rent here. South Bombay's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
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Cities with Similar Populations
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