Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Washington Heights area can be challenging. Home prices in Washington Heights are now at a median cost of $552,194, lower than the Manhattan average of $1,017,878.
The average cost of rent is $1,453/mo in Washington Heights, primarily driven by the current value of real estate in the Washington Heights area. While nearly 60.79% of residents own their homes outright in Washington Heights, 85.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in Washington Heights is $5,129 per month. Households that rent pay about 28.33% of their income on rent here. Washington Heights's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Highbridge, Bronx, NY: less expensive homes
- Morris Heights, Bronx, NY: less expensive homes
- Inwood, Manhattan, NY: less expensive homes
- Coytesville, Fort Lee, NJ: less expensive homes
- Hamilton Heights, Manhattan, NY: higher priced homes
- University Heights, Bronx, NY: less expensive homes
- South Bronx, Bronx, NY: less expensive homes
- Tremont, Bronx, NY: less expensive homes
- Linwood, Fort Lee, NJ: less expensive homes
- Fordham, Bronx, NY: less expensive homes
Neighborhoods with Similar Populations
- Hickory Ridge-South Riverdale, Memphis, TN: less expensive homes
- Lower East Side, Manhattan, NY: higher priced homes
- Southeast Dallas, Dallas, TX: less expensive homes
- Southeast Mesa, Mesa, AZ: less expensive homes
- Southeastern Denver, Denver, CO: less expensive homes
- Southwest, Anaheim, CA: equally priced homes
- Lake View, Chicago, IL: equally priced homes
- Southwest Dallas, Dallas, TX: less expensive homes
- Koreatown, Los Angeles, CA: higher priced homes
- Kew Ggardens, Queens, NY: equally priced homes
All Local Stats
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