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New York city, NY

ZIP 11205 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 11205

Median Home Value
$892,800
Median Rent
$2,142
Affordability Snapshot
$246,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$5,735/mo PITI).

30%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

10.3x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

34.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 11205 in New York city, NY, a household would need roughly $246,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $5,735. That is about 184% above the local median household income ($86,753), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
29.0%-56% vs US avg
x
Vacancy Rate
10.0%-3% vs US avg
x
Broadband Access
83.9%-4% vs US avg
x
4+ Bedrooms
2.8%-81% vs US avg
x
Built Pre-1939
15.3%+20% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
29.3%-41% vs US avg
x
Mortgage-Free
22.8%-40% vs US avg
x
$892,800
Home Value
$2,142
Rent
1948
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached2.3%
  • 1-unit attached2.5%
  • 2-9 units33.0%
  • 10+ units62.2%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$892,800
Median rent$2,142
Owner-occupied29.0%
Vacant10.0%
Price-to-income10.3x
Est. income to buy$246,000