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These days, finding an affordable place to live in the South Bronx area can be challenging. Home prices in South Bronx are now at a median cost of $419,684, lower than the Bronx average of $507,903.
The average cost of rent is $1,265/mo in South Bronx, primarily driven by the current value of real estate in the South Bronx area. In South Bronx, 90.82% of households rent, and 56.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Bronx is $3,376 per month. Households that rent pay about 37.48% of their income on rent here. South Bronx’s most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Highbridge, Bronx, NY: less expensive homes
- Charlotte Gardens, Bronx, NY: higher priced homes
- Hunts Point, Bronx, NY: equally priced homes
- Mott Haven, Bronx, NY: higher priced homes
- Tremont, Bronx, NY: higher priced homes
- Morris Heights, Bronx, NY: higher priced homes
- West Farms, Bronx, NY: higher priced homes
- Washington Heights, Manhattan, NY: higher priced homes
- Harlem, Manhattan, NY: higher priced homes
- Soundview, Bronx, NY: higher priced homes
Neighborhoods with Similar Populations
- Roosevelt, Fresno, CA: less expensive homes
- Southeast, Houston, TX: less expensive homes
- North Last Vegas, North Las Vegas, NV: equally priced homes
- Northeast Dallas-White Rock, Dallas, TX: higher priced homes
- Powers, Colorado Springs, CO: equally priced homes
- Pasadina, Houston, TX: less expensive homes
- Paradise Valley, Phoenix, AZ: higher priced homes
- Paradise, Las Vegas, NV: less expensive homes
- Northwest, El Paso, TX: less expensive homes
- Northland, Columbus, OH: less expensive homes
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