New York Cost of Living

Housing costs and affordability data for 62 counties.

Average Monthly Rent

$1,133/mo

Average Home Value

$267,155

Average Owner Cost

$1,327/mo

3% below national average rentExplore on Map

At a Glance

Average Monthly Rent
$1,133/mo
3% below national median
Average Home Value
$267,155
5% below national median
Avg. Monthly Owner Cost
$1,327/mo
21% below national median
Affordability Rating
Affordable
Avg. rent under 30% of income

Housing Costs in New York: An Overview

The median rent in New York is $1,133 per month, which is 3% below the national median of $1,163. This makes the state relatively affordable compared to much of the country.

Within New York, housing costs vary significantly by county. Nassau County is the most expensive county with a median rent of $2,195 per month and a median home value of $658,700. At the other end of the spectrum, Allegany County offers the most affordable housing, with a median rent of $754 per month and homes valued at a median of $97,900.

The average home value across New York counties is $267,155, 5% lower than the national median of $281,900. With a median household income of roughly $76,433, homeownership remains within reach for many households.

Before moving to New York, it is worth understanding the local housing landscape. Costs can swing dramatically between rural and urban counties, so researching the specific county you plan to live in is essential. Use the county-level data below to compare rent, home values, and affordability ratings so you can budget accurately for your relocation.

Distribution

Rent Distribution in New York

How median rents are spread across 62 counties

All New York Counties

CountyMedian RentHome ValueOwner CostRent/Income
Nassau County
Expensive$2,195/mo
$658,700$3,000/mo32.0%
Suffolk County
Expensive$2,190/mo
$539,500$2,549/mo34.0%
New York County
Expensive$2,132/mo
$1,108,900$2,642/mo28.0%
Queens County
Expensive$1,915/mo
$699,200$1,830/mo31.0%
Westchester County
Expensive$1,876/mo
$638,400$2,882/mo31.0%
Rockland County
Expensive$1,826/mo
$564,200$2,779/mo34.0%
Putnam County
Expensive$1,824/mo
$448,000$2,409/mo35.0%
Kings County
Expensive$1,784/mo
$889,700$2,248/mo30.0%
Richmond County
Expensive$1,689/mo
$658,500$2,255/mo33.0%
Orange County
Expensive$1,602/mo
$361,100$2,128/mo33.0%
Dutchess County
Expensive$1,522/mo
$368,100$1,924/mo31.0%
Bronx County
Moderate$1,436/mo
$517,000$1,777/mo35.0%
Tompkins County
Moderate$1,374/mo
$271,500$1,390/mo36.0%
Saratoga County
Moderate$1,347/mo
$324,800$1,538/mo26.0%
Ulster County
Moderate$1,335/mo
$315,100$1,571/mo34.0%
Albany County
Moderate$1,252/mo
$277,400$1,483/mo27.0%
Jefferson County
Moderate$1,214/mo
$181,000$1,076/mo28.0%
Columbia County
Moderate$1,199/mo
$309,800$1,354/mo31.0%
Rensselaer County
Moderate$1,182/mo
$244,300$1,430/mo28.0%
Schenectady County
Moderate$1,159/mo
$223,100$1,439/mo31.0%
Monroe County
Moderate$1,126/mo
$197,100$1,272/mo30.0%
Ontario County
Moderate$1,126/mo
$202,900$1,199/mo27.0%
Warren County
Moderate$1,089/mo
$247,600$1,283/mo29.0%
Onondaga County
Moderate$1,067/mo
$185,300$1,228/mo30.0%
Erie County
Moderate$1,037/mo
$217,400$1,125/mo30.0%
Chemung County
Moderate$1,020/mo
$132,100$952/mo31.0%
Washington County
Moderate$1,000/mo
$185,000$1,114/mo28.0%
Sullivan County
Affordable$999/mo
$234,800$1,256/mo29.0%
Greene County
Affordable$993/mo
$248,300$1,261/mo28.0%
Clinton County
Affordable$956/mo
$175,100$1,009/mo28.0%
Oswego County
Affordable$943/mo
$139,600$1,061/mo29.0%
Otsego County
Affordable$942/mo
$175,900$989/mo26.0%
Wayne County
Affordable$929/mo
$163,400$1,125/mo28.0%
Seneca County
Affordable$925/mo
$142,700$1,012/mo27.0%
Montgomery County
Affordable$921/mo
$141,600$1,001/mo30.0%
Oneida County
Affordable$917/mo
$171,100$1,005/mo27.0%
Schoharie County
Affordable$916/mo
$182,000$984/mo26.0%
Broome County
Affordable$914/mo
$145,100$983/mo30.0%
Tioga County
Affordable$914/mo
$153,200$1,017/mo28.0%
Livingston County
Affordable$912/mo
$169,600$1,078/mo31.0%
Cortland County
Affordable$911/mo
$158,100$1,084/mo27.0%
Genesee County
Affordable$909/mo
$157,800$1,078/mo27.0%
Cayuga County
Affordable$895/mo
$164,200$1,051/mo29.0%
Madison County
Affordable$891/mo
$176,800$1,124/mo27.0%
Essex County
Affordable$890/mo
$200,000$1,024/mo30.0%
Fulton County
Affordable$883/mo
$156,100$963/mo26.0%
Steuben County
Affordable$878/mo
$128,600$924/mo27.0%
Orleans County
Affordable$877/mo
$126,200$1,082/mo26.0%
Niagara County
Affordable$870/mo
$177,400$1,021/mo29.0%
Hamilton County
Affordable$860/mo
$242,000$805/mo27.0%
Schuyler County
Affordable$858/mo
$163,300$960/mo28.0%
Delaware County
Affordable$848/mo
$176,200$944/mo29.0%
Lewis County
Affordable$821/mo
$158,000$889/mo25.0%
Chenango County
Affordable$819/mo
$128,100$905/mo27.0%
Franklin County
Affordable$819/mo
$128,600$838/mo25.0%
Herkimer County
Affordable$811/mo
$135,000$875/mo26.0%
Yates County
Affordable$802/mo
$178,000$997/mo25.0%
St. Lawrence County
Affordable$799/mo
$119,800$868/mo30.0%
Chautauqua County
Affordable$797/mo
$119,300$785/mo30.0%
Wyoming County
Affordable$782/mo
$154,700$900/mo25.0%
Cattaraugus County
Affordable$759/mo
$109,400$767/mo28.0%
Allegany County
Affordable$754/mo
$97,900$762/mo28.0%

Compare New York to Other States

See how New York counties stack up against counties in other states. Compare rent, home values, and affordability side by side.

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Frequently Asked Questions About New York Housing Costs

What is the most affordable county in New York?
Allegany County is among the most affordable counties in New York with a median rent of $754 per month.
What is the most expensive county to live in New York?
Nassau County is among the most expensive counties in New York with a median rent of $2,195 per month and a median home value of $658,700.
How does New York's cost of living compare to the national average?
New York's average monthly rent of $1,133 is 3% below the national median of $1,163.
What is the average home value in New York?
The average home value across all New York counties is $267,155.
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