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Expensive
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These days, finding an affordable place to live in the Sunset Park area can be challenging. Home prices in Sunset Park are now at a median cost of $1,093,182, higher than the Brooklyn average of $1,035,152.
The average cost of rent is $1,819/mo in Sunset Park, primarily driven by the current value of real estate in the Sunset Park area. In Sunset Park, 75.55% of households rent, and 59.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sunset Park is $5,848 per month. Households that rent pay about 31.10% of their income on rent here. Sunset Park’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Borough Park, Brooklyn, NY: equally priced homes
- Greenwood, Brooklyn, NY: higher priced homes
- Dyker Heights, Brooklyn, NY: equally priced homes
- Bay Ridge-Fort Hamilton, Brooklyn, NY: less expensive homes
- Park Slope, Brooklyn, NY: higher priced homes
- Red Hook, Brooklyn, NY: higher priced homes
- Ditmas Park, Brooklyn, NY: equally priced homes
- Bensonhurst, Brooklyn, NY: equally priced homes
- Carroll Gardens, Brooklyn, NY: higher priced homes
- Flatbush-Ditmas Park, Brooklyn, NY: equally priced homes
Neighborhoods with Similar Populations
- Wakefield-Williamsbridge, Bronx, NY: less expensive homes
- South Mountain, Phoenix, AZ: less expensive homes
- South Bronx, Bronx, NY: less expensive homes
- Roosevelt, Fresno, CA: less expensive homes
- East Brooklyn, Brooklyn, NY: less expensive homes
- Alahambra, Phoenix, AZ: less expensive homes
- Mapleton-Flatlands, Brooklyn, NY: less expensive homes
- Deer Valley, Phoenix, AZ: less expensive homes
- Paradise Valley, Phoenix, AZ: less expensive homes
- Cambrian Park, San Jose, CA: higher priced homes
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