Cost of Living in Bronx County, New York

$1,436/mo
Median Monthly Rent
$517,000
Median Home Value

At a Glance

Median Monthly Rent
$1,436/mo
27% above state average
Median Home Value
$517,000
83% above national
Rent-to-Income Ratio
35.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Bronx County Compares

Median monthly rent comparison

Bronx County$1,436/mo
New York Average$1,133/mo
National Median$1,163/mo

Detailed Housing Stats

$1,436/mo
Median Gross Rent
$517,000
Median Home Value
$1,777/mo
Monthly Owner Cost
35.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Bronx County ranks #2,316 of 3,144 counties for affordability (bottom 26%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Bronx County, New York

Bronx rents consume wages entirely

Bronx County residents spend 35.1% of their income on rent—more than double the national average of 17.0%—with a median household income of just $49,036, trailing the national median by $25,719. This creates a severe affordability crisis where housing costs dominate household budgets.

New York's least affordable county

Bronx County ranks as the least affordable county in New York, with a rent-to-income ratio of 35.1% versus the state average of 17.6%. The median rent of $1,436 exceeds the state average by $303, compounded by the lowest median household income in this profile at just $49,036.

New York City's affordability trap

Bronx renters pay $1,436 monthly, nearly matching Manhattan rents and far exceeding outer boroughs like Staten Island while earning significantly less than Brooklyn or Queens residents. Home values at $517,000 represent the highest in this analysis, yet remain inaccessible to the majority earning less than $50,000 annually.

Housing squeezes every household

Renters dedicate a punishing 35.1% of the $49,036 median income to $1,436 monthly rent, while homeowners face even steeper costs at 43.5% ($1,777/month). This forces residents to choose between housing and food, childcare, healthcare, and transportation.

Consider outer boroughs or suburbs

If you're earning under $50,000 and seeking New York City proximity, Bronx County may force housing insecurity—explore Queens, Brooklyn, or Westchester alternatives where affordability ratios drop toward 25–30%. Remote workers might find genuine relief by relocating to Upstate counties where your income stretches three to five times further.

Cost of Living Advisory: Bronx County

Affordability Verdict

Housing in Bronx County is stretched. The median rent is $1,436/month against a median household income of $49,036, putting rent at 35.1% of income.

Rent vs. Own

Renters in Bronx County pay $1,436/month on average, compared to $1,777/month for homeowners. This market favors renters by about 19%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $57,440/year. For owner costs at the 28% rule, the required income is roughly $76,157/year. With a median household income of $49,036, the median income falls short of the rent-affordability threshold. Notably, 35.0% of renter households in Bronx County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Tompkins County where rent averages $1,374/month, Bronx County is approximately 5% more expensive.

Affordability Calculator

See how your income compares to housing costs in Bronx County

$

Rent Burden

35.1%

of gross income

Max Housing (28% Rule)

$1,144

per month

Owner Cost Burden

43.5%

of gross income

The median home in Bronx County may be a stretch

Median home value is $517,000. Estimated monthly cost: $4,127 vs. your max of $1,144.

Rent Affordability Guide

Your rent-to-income ratio35.1%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $49,036Needed: $57,440
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $49,036Needed: $76,157
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $49,036Needed: $120,320

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Bronx County, New York?
Bronx County, New York has a median monthly rent of $1,436/mo and a median home value of $517,000. The affordability rating is Unaffordable, with rent making up approximately 35.0% of median household income.
What is the median rent in Bronx County?
The median gross rent in Bronx County is $1,436/mo. This is 27% above state average for New York.
Is Bronx County affordable?
Bronx County is rated Unaffordable based on rent-to-income ratio of 35.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Bronx County's rent compare to the state average?
Bronx County's median rent of $1,436/mo is 27% above state average of $1,133/mo for New York.
What is the median home value in Bronx County?
The median home value in Bronx County, New York is $517,000. This is 83% above the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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