Cost of Living in Steuben County, New York

$878/mo
Median Monthly Rent
$128,600
Median Home Value

At a Glance

Median Monthly Rent
$878/mo
23% below state average
Median Home Value
$128,600
54% below national
Rent-to-Income Ratio
27.0%
% 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 Steuben County Compares

Median monthly rent comparison

Steuben County$878/mo
New York Average$1,133/mo
National Median$1,163/mo

Detailed Housing Stats

$878/mo
Median Gross Rent
$128,600
Median Home Value
$924/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Steuben County ranks #1,475 of 3,144 counties for affordability (top 47%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Steuben County, New York

Steuben rents stay below national norm

Steuben County's rent-to-income ratio of 16.3% sits below the national average, indicating residents spend less of their income on housing than typical U.S. households. With median rent at $878 and household income of $64,740—roughly 13% below the national median—this county delivers solid affordability.

Below-average housing burden in New York

Steuben County's 16.3% rent-to-income ratio beats New York's statewide average of 17.6%, positioning it among the more affordable counties in the state. The $878 median rent costs $255 less than the state typical, a meaningful difference for household budgets.

Middle ground among upstate peers

Steuben County's $878 rent falls between Tioga ($914) and St. Lawrence ($799), making it a moderate-cost option in the upstate cluster. Its 16.3% rent-to-income ratio compares favorably to Seneca (16.8%) and Tioga (15.3%), reflecting consistent regional affordability.

Balanced costs for renters and owners

Monthly rent averages $878 while homeownership costs $924—remarkably similar figures reflecting an accessible market for both paths. A median household income of $64,740 means residents dedicate about 16% of earnings to rent, leaving ample room for savings and living expenses.

Stable affordability in Steuben County

Steuben County combines sub-$900 median rent with a $129,000 median home value, making it accessible for both renters and first-time buyers. If you're relocating from higher-cost New York regions, this county offers 22% cheaper rent than the state average while maintaining competitive ownership costs.

Cost of Living Advisory: Steuben County

Affordability Verdict

Steuben County is affordable for renters, with a median gross rent of $878/month representing approximately 16.3% of median household income. The rent burden (GRAPI) stands at 27.0%.

Rent vs. Own

At $878/month rent versus $924/month in owner costs, renting is roughly $46/month cheaper — a 5% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $35,120/year. For owner costs at the 28% rule, the required income is roughly $39,600/year. With a median household income of $64,740, most households can comfortably afford rent here. Notably, 27.0% of renter households in Steuben County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Wayne County where rent averages $929/month, Steuben County is approximately 5% less expensive.

Affordability Calculator

See how your income compares to housing costs in Steuben County

$

Rent Burden

16.3%

of gross income

Max Housing (28% Rule)

$1,511

per month

Owner Cost Burden

17.1%

of gross income

You can likely afford the median home in Steuben County

Median home value is $128,600. Estimated monthly cost: $1,027 vs. your max of $1,511.

Rent Affordability Guide

Your rent-to-income ratio16.3%
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: $64,740Needed: $35,120
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $64,740Needed: $39,600
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $64,740Needed: $29,929

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 Steuben County, New York?
Steuben County, New York has a median monthly rent of $878/mo and a median home value of $128,600. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Steuben County?
The median gross rent in Steuben County is $878/mo. This is 23% below state average for New York.
Is Steuben County affordable?
Steuben County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Steuben County's rent compare to the state average?
Steuben County's median rent of $878/mo is 23% below state average of $1,133/mo for New York.
What is the median home value in Steuben County?
The median home value in Steuben County, New York is $128,600. This is 54% below the national median home value of $281,900.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Steuben County, New York? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Steuben County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates
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.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.