The Most Affordable Neighborhoods in The Narrows, NY by Home Value

 

The Narrows, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the The Narrows area can be challenging. Home prices in The Narrows are now at a median cost of $102,758, lower than the New York average of $481,023.

The average cost of rent is $595/mo in The Narrows, primarily driven by the current value of real estate in the The Narrows area. While nearly 50.97% of residents own their homes outright in The Narrows, 10.52% rent.

Housing affordability isn’t just about home prices, though. The average household income in The Narrows is $3,902 per month. Households that rent pay about 15.26% of their income on rent here. The Narrows's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.


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