Cost of Living in Queens County, New York

$1,915/mo
Median Monthly Rent
$699,200
Median Home Value

At a Glance

Median Monthly Rent
$1,915/mo
69% above state average
Median Home Value
$699,200
148% above national
Rent-to-Income Ratio
31.0%
% 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 Queens County Compares

Median monthly rent comparison

Queens County$1,915/mo
New York Average$1,133/mo
National Median$1,163/mo

Detailed Housing Stats

$1,915/mo
Median Gross Rent
$699,200
Median Home Value
$1,830/mo
Monthly Owner Cost
31.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Queens County ranks #2,427 of 3,144 counties for affordability (bottom 23%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Queens County, New York

Queens rents outpace national norms

Queens residents spend 27.1% of their income on rent, significantly above the national average of roughly 28% (based on median income), but driven by the county's higher-than-average incomes of $84,961 versus the nation's $74,755. This elevated rent-to-income ratio reflects New York City's housing market gravity pulling rents toward $1,915 monthly.

Queens ranks among state's priciest

At 27.1%, Queens' rent-to-income ratio sits well above New York State's 17.6% average, making it one of the least affordable counties in the state for renters. The county's median rent of $1,915 is 69% higher than the state average of $1,133, reflecting its position in the New York metro housing market.

Queens stretches budgets harder than neighbors

Richmond County residents pay less proportionally (20.6% of income on rent) despite similar home values, while Rockland County renters allocate just 19.8% of income to housing despite higher absolute rents. Queens' 27.1% ratio makes it the least affordable among these comparable downstate counties.

Housing consumes nearly a third of income

With median rent at $1,915 and owner costs at $1,830 monthly, Queens households earning $84,961 annually dedicate more than a quarter of their income to housing. Renters shoulder a heavier burden than owners: at 27.1% of income, rent takes up nearly 500% more of household budgets than the state average.

Consider your housing priorities before relocating

If housing affordability is your move, Queens offers urban amenities but demands premium rents; Saratoga and Rensselaer counties offer 37-40% lower rent-to-income ratios while maintaining strong median incomes above $86,000. Compare your salary trajectory against these counties' job markets before deciding.

Cost of Living Advisory: Queens County

Affordability Verdict

Housing in Queens County is moderately affordable. The median rent is $1,915/month against a median household income of $84,961, putting rent at 27.0% of income.

Rent vs. Own

At $1,915/month rent versus $1,830/month in owner costs, owning is roughly $85/month cheaper — a 4% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $76,600/year. For owner costs at the 28% rule, the required income is roughly $78,429/year. With a median household income of $84,961, most households can comfortably afford rent here. Notably, 31.0% of renter households in Queens County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Rockland County where rent averages $1,826/month, Queens County is approximately 5% more expensive.

Affordability Calculator

See how your income compares to housing costs in Queens County

$

Rent Burden

27.0%

of gross income

Max Housing (28% Rule)

$1,982

per month

Owner Cost Burden

25.8%

of gross income

The median home in Queens County may be a stretch

Median home value is $699,200. Estimated monthly cost: $5,582 vs. your max of $1,982.

Rent Affordability Guide

Your rent-to-income ratio27.0%
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? Yes
Your income: $84,961Needed: $76,600
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $84,961Needed: $78,429
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $84,961Needed: $162,723

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 Queens County, New York?
Queens County, New York has a median monthly rent of $1,915/mo and a median home value of $699,200. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.
What is the median rent in Queens County?
The median gross rent in Queens County is $1,915/mo. This is 69% above state average for New York.
Is Queens County affordable?
Queens County is rated Unaffordable based on rent-to-income ratio of 31.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Queens County's rent compare to the state average?
Queens County's median rent of $1,915/mo is 69% above state average of $1,133/mo for New York.
What is the median home value in Queens County?
The median home value in Queens County, New York is $699,200. This is 148% 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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