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24/7 Wall St.:The 10 Hottest Neighborhoods in 2013

8 of 12

4. Crown Heights

City: New York, N.Y.
Median price per foot, 2012: $272
Percent change since 2011: 26%

Crown Heights is considered an up-and-coming Brooklyn neighborhood, with a signature street fair. But it has a ways to go before making a strong economic impact on the borough. Consider that both the median income and the median rents paid by residents of this 1.9 square mile area were below borough-wide averages. With a standard house going for $595,000, according to Trulia, residential prices are attractive by New York standards.

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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