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These days, finding an affordable place to live in the Tribeca area can be challenging. Home prices in Tribeca are now at a median cost of $1,941,759, higher than the Manhattan average of $1,108,809.
The average cost of rent is $3,238/mo in Tribeca, primarily driven by the current value of real estate in the Tribeca area. In Tribeca, 55.43% of households rent, and 47.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tribeca is $17,637 per month. Households that rent pay about 18.36% of their income on rent here. Tribeca’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Soho, Manhattan, NY: equally priced homes
- Chinatown, Manhattan, NY: less expensive homes
- Battery Park, Manhattan, NY: less expensive homes
- Little Italy, Manhattan, NY: less expensive homes
- Financial District, Manhattan, NY: less expensive homes
- Lower East Side, Manhattan, NY: less expensive homes
- Greenwich Village, Manhattan, NY: less expensive homes
- West Village, Manhattan, NY: less expensive homes
- East Village, Manhattan, NY: less expensive homes
- The Waterfront, Jersey City, NJ: less expensive homes
Neighborhoods with Similar Populations
- Woodlawn, Alexandria, VA: less expensive homes
- Flour Bluff, Corpus Christi, TX: less expensive homes
- East Side, Chicago, IL: less expensive homes
- West Central, Pasadena, CA: less expensive homes
- Chevy Chase, Washington, DC: less expensive homes
- West Las Vegas, Las Vegas, NV: less expensive homes
- Central, Boston, MA: less expensive homes
- Central Arlington, Arlington, TX: less expensive homes
- Camp Pendleton South, Oceanside, CA: less expensive homes
- Beach Haven, Jacksonville, FL: less expensive homes
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