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East Rockaway village, NY

ZIP 11518 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 11518

Median Home Value
$590,800
Median Rent
$2,178
Affordability Snapshot
$163,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,795/mo PITI).

25%
Rent-to-Income Ratio

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

5.6x
Home Price-to-Income Ratio

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

22.6 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 11518 in East Rockaway village, NY, a household would need roughly $163,000 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 $3,795. That is about 55% above the local median household income ($104,955), 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

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
76.2%+17% vs US avg
x
Vacancy Rate
3.7%-64% vs US avg
x
Broadband Access
91.5%+5% vs US avg
x
4+ Bedrooms
4.0%-73% vs US avg
x
Built Pre-1939
14.3%+12% vs US avg
x
Built Post-2014
1.3%-82% vs US avg
x
Rent Burden >30%
39.2%-21% vs US avg
x
Mortgage-Free
36.8%-4% vs US avg
x
$590,800
Home Value
$2,178
Rent
1951
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached62.4%
  • 1-unit attached2.8%
  • 2-9 units23.7%
  • 10+ units11.1%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$590,800
Median rent$2,178
Owner-occupied76.2%
Vacant3.7%
Price-to-income5.6x
Est. income to buy$163,000