How much is a home worth in ZIP code 11203?

The typical home in 11203 is worth $727,265, based on the Zillow Home Value Index.

Are home values rising in 11203?

Home values in 11203 are up 4.2% over the past year, and up 3.3% a year over five years.

What is the typical rent in 11203?

A typical home in 11203 rents for about $2,881 a month, a gross rental yield of 4.8%.

What is the property tax rate in 11203?

The effective property tax rate in 11203 is 0.7% — roughly $5,104 a year on a typical home.

ZIP code 11203 has a population of 74,817 and a median household income of $67,897.

HousingHandbookReference data

…

U.S. ZIP Code · NY11203

Kings County · New York-Newark-Jersey City, NY-NJ

Typical home value

$727,265^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.2%
5-year / yr: +3.3%
10-year / yr: +5.7%

Relative price

vs U.S.: +156.0%
vs metro: ≈ metro median
vs state: +128.3%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 11203 is worth $727,265. Over the past year, values have risen 4.2%. Homes here rent for a typical $2,881 a month — a 4.8% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,881^[2]
Gross yield: 4.8%^[2]
Cap rate: 2.9%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.7%^[3]
Typical annual tax: $5,104^[3]

#Climate risk

FEMA National Risk Index ratings for Kings County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Very High
Coastal flood: Relatively High
Wildfire: Very Low
Drought: Very Low
Heat wave: Very High
Hurricane: Relatively High
Tornado: Relatively High
Earthquake: Relatively High
Winter weather: Very High

#Who lives here

Population: 74,817^[3]
Median household income: $67,897^[3]

#Migration

Household moves in and out of Kings County over a year, from IRS tax-return data.

Net migration: -11,517^[5]
Moved in: 66,853
Moved out: 78,370

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 23
Elementary: 11
Middle: 4
High: 6

ACHIEVEMENT FIRST CROWN HEIGHTS CHARTER SCHOOL
Other · Grades K–12 · ACHIEVEMENT FIRST CROWN HEIGHTS CHARTER SCHOOL
1,370 students
KINGS COLLEGIATE CHARTER SCHOOL
Other · Grades K–12 · KINGS COLLEGIATE CHARTER SCHOOL
1,205 students
PS 235 JANICE MARIE KNIGHT SCHOOL
Elementary · Grades PK–5 · NEW YORK CITY GEOGRAPHIC DISTRICT #18
642 students
PS 181
Elementary · Grades PK–8 · NEW YORK CITY GEOGRAPHIC DISTRICT #17
562 students
IS 285 MEYER LEVIN
Middle · Grades 6–8 · NEW YORK CITY GEOGRAPHIC DISTRICT #18
479 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.8%

Net yield (after ~40% expenses)2.9%

Annual rent$34,566

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$3,677

Loan principal$581,812

Down payment$145,453

Total interest paid$742,069

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.63

Monthly cost to own$4,708

Monthly rent$2,881

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 15th percentile^[1]
Rental yield: 40th percentile^[2]
Property tax: 13th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 11203?: The typical home in 11203 is worth $727,265, based on the Zillow Home Value Index.
Are home values rising in 11203?: Home values in 11203 are up 4.2% over the past year, and up 3.3% a year over five years.
What is the typical rent in 11203?: A typical home in 11203 rents for about $2,881 a month, a gross rental yield of 4.8%.
What is the property tax rate in 11203?: The effective property tax rate in 11203 is 0.7% — roughly $5,104 a year on a typical home.
Who lives in 11203?: ZIP code 11203 has a population of 74,817 and a median household income of $67,897.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

11413 vs 11203 →
New York, NY
Typical home
$726,413
Gross yield
5.3%
11518 vs 11203 →
East Rockaway, NY
Typical home
$726,409
Gross yield
4.6%
11412
New York, NY
Typical home
$729,162
Gross yield
5.3%
07950
Morris Plains, NJ
Typical home
$729,375
Gross yield
5.9%
10308
New York, NY
Typical home
$729,548
Gross yield
—
11003
Elmont CDP, NY
Typical home
$724,813
Gross yield
—

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Pit ZIP 11203 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · NY11203

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