Home prices
The median home value in Rockaway is $344,800. It is roughly $47,100 (12%) lower in comparison to its nearby areas.It is about $127,300 (58%) higher compared to the rest of the country, and it is roughly $261,200 (43%) lower compared to the city of New York.
Rents
In Rockaway the median monthly rent is $1,367. Compared to nearby areas this is roughly $147 (9%) lower.Compared to the United States as a whole it is about $305 (28%) higher, and is about $76 (5%) lower in comparison to the city of New York.
Nearby places
White Meadow Lake
White Meadow Lake is Rockaway's neighbor to the north. Its housing prices are pretty similar. The median home cost in White Meadow Lake is $353,600, which comes out to $8,800 (2%) higher than Rockaway. Its rents are somewhat more expensive. White Meadow Lake's median rent is $1,743 per month, which is $376 (21%) higher than Rockaway.
Victory Gardens
Victory Gardens is about 1 mile southwest from Rockaway. The real estate prices there are a lot less expensive. The median home in Victory Gardens is valued at $171,100, which is $173,700 (101%) lower than Rockaway. Rent there is a little less expensive. Victory Gardens's median monthly rent is $1,229, which is $138 (11%) lower than Rockaway.
Dover
Dover is approximately 2 miles west from Rockaway. Real estate prices there are somewhat less expensive. The median home in Dover costs $268,000, which is $76,800 (28%) lower than Rockaway. Rent there is a little more expensive. The median rent in Dover is $1,461 per month, which works out to $94 (6%) higher than Rockaway.
Wharton
Wharton is approximately 2 miles west of Rockaway. Its real estate prices are a bit less expensive. The median home in Wharton costs $299,600, which comes out to $45,200 (15%) lower than Rockaway. The rent there is a bit more expensive. The median monthly rent in Wharton is $1,681, which works out to $314 (18%) higher than Rockaway.
Mountain Lakes
Mountain Lakes is roughly 3 miles east of Rockaway. Real estate prices there are a lot more expensive. The median home price in Mountain Lakes is $867,200, which comes out to $522,400 (60%) higher than Rockaway. The rent there is a bit more expensive. The median rent in Mountain Lakes is $1,454 per month, which comes out to $87 (5%) higher than Rockaway.
