Coney Island renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Coney Island is about $956 per month. This puts it in the 21st percentile compared to the city average cost of rent, which is $1,670. Households in Coney Island have a median income of $3,094 per month so the average renter in Coney Island is spending roughly 31% of their earnings on housing.
Nationally, and in Coney Island, home values are the data point most closely correlated with the cost of rent. The median price of a home in Coney Island is $524,203 right now, which is lower than neighborhoods nearby, meaning that rents in Coney Island also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northern parts of Coney Island while lower rent rates are often available in southwestern areas.
Nearby Neighborhoods
- Brighton Beach, Brooklyn, NY: more expensive rent prices
- Gravesend-Sheepshead Bay, Brooklyn, NY: more expensive rent prices
- Manhattan Beach, Brooklyn, NY: more expensive rent prices
- Bensonhurst, Brooklyn, NY: more expensive rent prices
- Dyker Heights, Brooklyn, NY: more expensive rent prices
- Mapleton-Flatlands, Brooklyn, NY: more expensive rent prices
- Borough Park, Brooklyn, NY: more expensive rent prices
- Bay Ridge-Fort Hamilton, Brooklyn, NY: more expensive rent prices
- Sunset Park, Brooklyn, NY: more expensive rent prices
- Shore Acres, Staten Island, NY: more expensive rent prices
Neighborhoods with Similar Populations
- Suitland-Silver Hill, Suitland, MD: more expensive rent prices
- Springlake-University Terrace, Shreveport, LA: more expensive rent prices
- Battle Creek, St. Paul, MN: more expensive rent prices
- Hermosa, Chicago, IL: more expensive rent prices
- Highland Park, Los Angeles, CA: more expensive rent prices
- Oxon Hill-Glassmanor, Oxon Hill, MD: more expensive rent prices
- University, Riverside, CA: more expensive rent prices
- Liliha-Kapalama, Honolulu, HI: more expensive rent prices
- Pacific Heights, San Francisco, CA: more expensive rent prices
- Haight-Ashbury, San Francisco, CA: more expensive rent prices
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