Like any large city, home prices in New York have continued to increase over the years. Fortunately, there are still some neighborhoods in New York that offer some affordable housing options. These are the cheapest neighborhoods in New York for 2026. The neighborhoods are ranked by the lowest median home prices when compared to the average median home price in New York.

Population 37,590
-81%
Median Home Value $225,744
81% less expensive than New York
Population 3,982
-75%
Median Home Value $288,552
75% less expensive than New York
Population 57,189
-72%
Median Home Value $328,974
72% less expensive than New York
Population 10,665
-64%
Median Home Value $415,336
64% less expensive than New York
Population 57,956
-63%
Median Home Value $433,006
63% less expensive than New York
Population 42,021
-58%
Median Home Value $495,016
58% less expensive than New York
Population 41,019
-56%
Median Home Value $519,324
56% less expensive than New York
Population 122,913
-55%
Median Home Value $531,888
55% less expensive than New York
Population 34,700
-50%
Median Home Value $582,204
50% less expensive than New York
Population 58,386
-49%
Median Home Value $591,351
49% less expensive than New York
Is This the Right Place for You? Local Insights Report
  • Uncover the key details before you move
  • Use local data to guide a smarter investment
  • Compare neighborhoods side by side
Local Insights Report