Much like nearby areas, it is substantially more expensive compared to the nation as a whole. Compared to the city of New York however, it is a bit less expensive.
Home prices
The median home in East Rockaway costs $470,600. In comparison to nearby areas it is is very similar.Compared to the United States as a whole it is approximately $253,100 (116%) higher, and compared to the city of New York it is about $135,400 (22%) lower.
Rents
In East Rockaway the median monthly rent is $1,679. This is roughly $98 (5%) lower compared to its surrounding areas.It is roughly $617 (58%) higher in comparison to the rest of the country, and in comparison to the city of New York it is roughly $236 (16%) higher.
Nearby places
Bay Park
Bay Park is East Rockaway's neighbor to the south. Real estate prices there are substantially less expensive. The price of the median home in Bay Park is $312,800, which comes out to $157,800 (50%) lower than East Rockaway. The rent there is a bit more expensive. In Bay Park the median rent is $2,227 a month, which is $548 (24%) higher than East Rockaway.
Lynbrook
Lynbrook is East Rockaway's neighbor to the north. Housing prices there are similar. The median home in Lynbrook is valued at $454,100, which comes out to $16,500 (3%) lower than East Rockaway. Its rents are fairly similar. Lynbrook's median monthly rent is $1,735, which works out to $56 (3%) higher than East Rockaway.
Hewlett
Hewlett is East Rockaway's neighbor to the west. Real estate prices there are similar. The value of the median home in Hewlett is $464,300, which comes out to $6,300 (1%) lower than East Rockaway. Its rents are pretty similar. Hewlett's median monthly rent is $1,718, which works out to $39 (2%) higher than East Rockaway.
Oceanside
Oceanside is East Rockaway's neighbor to the southeast. The real estate prices there are similar. Oceanside's median home value is $472,100, which is very similar to East Rockaway. Rent there is a bit less expensive. Oceanside's median monthly rent is $1,581, which is $98 (6%) lower than East Rockaway.
Rockville Centre
Rockville Centre is East Rockaway's neighbor to the northeast. Housing prices there are somewhat more expensive. Rockville Centre's median home cost is $651,700, which works out to $181,100 (27%) higher than East Rockaway. Its rents are similar. The median rent in Rockville Centre is $1,622 per month, which works out to $57 (3%) lower than East Rockaway.
