State

Data from November 2026

Housing , home prices, rents and assistance in New York (2026)

A typical home in New York is worth $423,800; the typical rent is $1,621 a month. Depending on the county, the FHA limit for a one-unit home is between $541,287 and $1,249,125. 93 HUD-approved counseling agencies serve New York; 38 say they serve you in Spanish.

Most populous:

Typical home value by county

Under $155,400
$155,400–$179,100
$179,100–$222,900
$222,900–$352,500
$352,500 or more
0 with no data

Tap the map to see each county’s figure and open its page.

Typical home value: $423,800; NY U.S.; 27% more than the U.S.; U.S.: $332,700
Typical rent per month: $1,621; NY U.S.; 15% more than the U.S.; U.S.: $1,413
Typical household income: $85,974; NY U.S.; 6% more than the U.S.; U.S.: $80,734
FHA limit, 1 unit: $541,287 to $1,249,125; It changes by county. The highest applies in 10 counties.; U.S.: $541,287 to $1,299,500
Property tax: 1.55%; of value a year; NY U.S.; The typical bill is $6,582 a year.; U.S.: 0.94%

Source: American Community Survey (ACS) 5-year estimates Average 2020–2024 American Community Survey (ACS) 5-year estimates (external site) Source: FHA mortgage limits (HUD) Data from 2026 data FHA mortgage limits (HUD) (external site)

In short

Living in New York

A typical home in New York is worth $423,800, 27% more than in the country overall. Across its 62 counties, the typical value runs from $101,700 in Allegany County to $1,090,500 in New York County. A typical household earns $85,974 a year and pays $1,621 a month in rent; 52% of renters put 30% or more of their income toward housing. 54% of households live in a home they own; they pay a typical property tax of $6,582 a year, about 1.55% of value.

The conforming loan limit for a one-unit home runs from $832,750 to $1,209,750 depending on the county. To pay HUD’s fair rent for a 2-bedroom apartment in New York ($2,402) without spending more than 30% of income, you need about $46.19 an hour working full time.

Source: Conforming loan limits (FHFA) Data from 2026 data Conforming loan limits (FHFA) (external site) Source: Fair Market Rents (HUD) Fiscal year 2027 Fair Market Rents (HUD) (external site)

The essentials in New York

Housing in New York

What homes there are in New York, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Kind of home: New York and its comparisons
Measure	New York	United States
Detached house	41%	61%
Attached house	6%	6%
Building of 2 to 4	17%	8%
Apartments (5 or more)	35%	19%
Mobile home	2%	6%
Boat, RV and other	0%	0%

Homes in New York are varied: detached houses are the largest group, at 41%, against 61% in the U.S..

Year built

Year built: New York and its comparisons
Measure	New York	United States
Before 1960	52%	26%
1960–1979	22%	24%
1980–1999	14%	25%
2000–2009	6%	14%
2010 or later	6%	11%

Homes in New York are older: the typical year built is 1959; in the U.S., 1980.

In New York, 24% of homes have 1 bedroom or none (studios); 49% have 3 bedrooms or more, against 61% in the U.S..

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

Value of owner-occupied homes: New York and its comparisons
Measure	New York
Under $100K	10%
$100K–$200K	15%
$200K–$300K	13%
$300K–$500K	20%
$500K–$750K	19%
$750K–$1M	11%
$1M or more	13%

Looking at what owner-occupied homes in New York are worth, the most common range is between $300K and $500K (20%).

Monthly rent with utilities

Monthly rent with utilities: New York and its comparisons
Measure	New York
Under $500	8%
$500–$999	15%
$1,000–$1,499	22%
$1,500–$1,999	20%
$2,000–$2,499	14%
$2,500–$2,999	8%
$3,000 or more	13%

The largest group of rented homes in New York pays between $1,000 and $1,499 a month: 22%.

With a mortgage

$2,555 a month

United States: $1,963 a month

Without a mortgage

$958 a month

United States: $638 a month

Owners with a mortgage

58%

United States: 61%

Owning costs more in New York: with a mortgage, the typical cost is $2,555 a month; in the U.S., $1,963. Without one, $958.

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Change since 2015–2019: New York and its comparisons
Measure	New York	United States
Typical home value	+35%	+53%
Typical rent	+27%	+33%
Typical household income	+26%	+29%

The typical home value in New York rose 35% since 2015–2019, less than in the U.S. (53%).

Since 2015–2019, the typical rent in New York rose 27%, less than in the U.S. (33%).

While home values in New York changed +35% and rent +27%, the typical household income rose 26%.

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

How people live: New York and its comparisons
Measure	New York	United States
Rental vacancy	3.8%	5.5%
Homeowner vacancy	1.1%	0.9%
More than one person per room	5.3%	3.4%
People per household	2.49	2.53
Drive alone	49%	69%
Carpool	6%	9%
Public transit	22%	3%
Walk or bike	6%	3%
Work from home	15%	15%
Other means	2%	2%
Typical commute	20 to 29 minutes	20 to 29 minutes

In New York, the rental vacancy rate is 3.8%; in the U.S., 5.5%.

More than one person per room: that is how 5.3% of households in New York live, more than in the U.S. (3.4%).

A household in New York has 2.49 people on average, about the same as in the U.S. (2.53).

More people ride a bus or train to work in New York than in the U.S.: 22% against 3%.

Places

Explore the counties in New York

Sort by any column or type a name. The 25 most populous are shown; the button reveals the rest.

See the counties page

Population, typical home value, FHA limit, 2-bedroom fair rent and typical income by county in New York

Kings County	2,631,580	$905,000	$1,249,125	$2,971	$80,263
Queens County	2,323,052	$723,800	$1,249,125	$2,971	$86,136
New York County	1,629,477	$1,090,500	$1,249,125	$2,971	$103,931
Suffolk County	1,530,146	$578,400	$1,249,125	$2,689	$130,686
Bronx County	1,404,779	$529,500	$1,249,125	$2,971	$48,676
Nassau County	1,389,591	$684,700	$1,249,125	$2,689	$146,202
Westchester County	999,677	$663,200	$1,249,125	$2,971	$118,976
Erie County	950,622	$233,800	$541,287	$1,423	$72,839
Monroe County	753,753	$213,700	$541,287	$1,416	$76,382
Richmond County	494,956	$675,500	$1,249,125	$2,971	$98,333
Onondaga County	471,129	$200,200	$541,287	$1,493	$76,945
Orange County	406,616	$387,900	$541,287	$2,131	$97,178
Rockland County	341,883	$596,900	$1,249,125	$2,971	$109,959
Albany County	317,018	$294,600	$541,287	$1,711	$85,333
Dutchess County	298,220	$400,600	$541,287	$2,131	$99,478
Saratoga County	238,284	$348,600	$541,287	$1,711	$100,787
Oneida County	229,124	$182,600	$541,287	$1,210	$70,154
Niagara County	210,721	$189,800	$541,287	$1,423	$69,633
Broome County	197,378	$154,900	$541,287	$1,219	$62,616
Ulster County	182,601	$352,500	$541,287	$1,878	$86,271
Schenectady County	160,369	$235,700	$541,287	$1,711	$79,623
Rensselaer County	160,332	$258,400	$541,287	$1,711	$87,915
Chautauqua County	125,544	$127,900	$541,287	$1,014	$58,351
Oswego County	117,953	$151,700	$541,287	$1,493	$69,183
Jefferson County	115,040	$188,200	$541,287	$1,453	$66,301
Ontario County	112,625	$222,900	$541,287	$1,416	$82,324
St. Lawrence County	107,226	$121,900	$541,287	$1,041	$62,850
Tompkins County	104,537	$290,900	$541,287	$1,709	$74,024
Putnam County	98,107	$471,300	$1,249,125	$2,971	$126,257
Steuben County	92,588	$137,900	$541,287	$1,058	$65,887
Wayne County	90,929	$170,000	$541,287	$1,416	$74,506
Chemung County	82,147	$141,100	$541,287	$1,348	$63,716
Sullivan County	79,721	$249,000	$541,287	$1,299	$72,382
Clinton County	78,493	$180,600	$541,287	$1,205	$71,224
Cattaraugus County	76,145	$113,100	$541,287	$1,014	$59,540
Cayuga County	75,102	$171,000	$541,287	$1,074	$67,904
Madison County	67,328	$184,600	$541,287	$1,493	$75,499
Warren County	65,517	$267,400	$541,287	$1,347	$78,442
Livingston County	61,498	$174,600	$541,287	$1,416	$74,001
Columbia County	61,100	$347,100	$541,287	$1,503	$81,528
Washington County	60,522	$196,200	$541,287	$1,347	$73,495
Otsego County	60,108	$179,100	$541,287	$1,235	$68,885
Herkimer County	59,757	$147,700	$541,287	$1,210	$68,515
Genesee County	57,787	$170,500	$541,287	$1,113	$73,314
Fulton County	52,487	$163,100	$541,287	$1,051	$66,533
Montgomery County	49,528	$157,500	$541,287	$1,111	$64,943
Tioga County	47,864	$160,800	$541,287	$1,219	$72,739
Greene County	47,409	$271,600	$541,287	$1,354	$77,945
Allegany County	47,159	$101,700	$541,287	$1,014	$62,869
Franklin County	46,696	$145,400	$541,287	$1,014	$65,151
Chenango County	46,321	$137,900	$541,287	$1,014	$62,948
Cortland County	46,246	$162,100	$541,287	$1,171	$70,418
Delaware County	44,487	$183,100	$541,287	$1,017	$63,337
Wyoming County	39,753	$162,300	$541,287	$1,014	$69,110
Orleans County	39,608	$140,800	$541,287	$1,416	$65,969
Essex County	36,973	$211,900	$541,287	$1,171	$71,661
Seneca County	32,920	$155,400	$541,287	$1,145	$68,089
Schoharie County	30,049	$192,500	$541,287	$1,711	$70,133
Lewis County	26,607	$166,100	$541,287	$1,014	$68,182
Yates County	24,526	$184,700	$541,287	$1,057	$69,701
Schuyler County	17,562	$171,800	$541,287	$1,180	$67,663
Hamilton County	5,089	$260,200	$541,287	$1,287	$68,835

Calculator

Work out your payment in New York

Start from the typical home value in New York, $423,800, and this week’s average rate. Move the price and the down payment to see your monthly payment. If you already visited a county, the calculator uses its numbers.

More math for New York

New York mortgage calculator
Your monthly payment with taxes and insurance.
How much house can I afford?
The price your income can carry.
How much rent can I afford?
The rent that fits your budget.
Buying a home in New York
The minimum down payment for each loan and the FHA limit in each county.
Renting in New York
HUD’s fair rents by size and by county, and where to ask for help.

Home price

Down payment as a percent

Interest rate%National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Estimated monthly payment

$3,730

FHA loan over 30 years, with estimated taxes and insurance.

See the full calculation

Prices and risks

How expensive is it to live in New York?

Three official measures that help you decide: how much home prices have changed according to FHFA, how prices compare with the national average according to BEA, and how many homes sit in a flood zone according to FEMA.

Home prices

How have home prices changed?

According to the FHFA House Price Index, home prices in New York rose 86% in the 10 years through 2025.

Price change each year

2021: +9.4%
2022: +12.7%
2023: +8.3%
2024: +7.3%
2025: +6.0%

Home price change in New York, in its state and in the U.S., according to FHFA
Period	New York	United States
In 2025	+6.0%	+2.9%
5 years (2020–2025)	+52%	+47%
10 years (2015–2025)	+86%	+85%

The index follows the prices of the same homes over time (sales and appraisals on loans bought or guaranteed by Fannie Mae and Freddie Mac). It is not the average price of a home. FHFA considers its annual state indexes experimental.

Source: FHFA House Price Index (HPI) Data from 2025 data FHFA House Price Index (HPI)

Cost of living

How expensive are prices here?

According to the Bureau of Economic Analysis (BEA), in 2024 prices in New York were 8% higher than the U.S. average. Housing rents were 21% higher than nationwide.

Regional price parities in New York and in the U.S. in 2024, according to BEA
Category	New York	United States	Versus the U.S.
All prices Consumer goods and services	107.9	100.0	8% more
Housing rents What renters pay	122.2	100.6	21% more
Water, power and gas Water, sewer, electricity and gas	134.4	98.4	36% more
Goods Food, clothing, transportation and more	107.3	99.6	8% more
Other services Services other than rent	104.1	100.1	4% more

BEA expresses each index as a percentage of the average U.S. price level: a higher number means higher prices, and a lower one, lower prices.

Source: Regional price parities (BEA) Data from 2024 data Regional price parities (BEA)

Flooding

Is there a flood risk?

According to FEMA, in New York 2% of homes (95,168) are in a high-risk flood zone. Of those homes, 76% have NFIP flood insurance.

A high-risk zone (Special Flood Hazard Area) has a 1% or greater chance of flooding each year. 44 CFR 59.1
If the home is in that zone and the loan comes from a regulated lender, federal law requires flood insurance for the life of the loan, in communities that take part in the NFIP. 42 U.S.C. 4012a
Most homeowners insurance does not cover flood damage. FEMA, FloodSmart

Homes in a high-risk flood zone and with NFIP insurance in New York, in its state and in the U.S., according to FEMA
Measure	New York	United States
Homes in a high-risk zone	2%	3.5%
Of those, with NFIP insurance	76%	48%
All homes with NFIP insurance	2.5%	2.9%

The NFIP is the federal flood insurance program; private policies are not counted. FEMA counts homes with its National Structure Inventory. We add up the county figures FEMA publishes.

Look up your address on FEMA’s map Source: Homes with flood insurance (NFIP, FEMA) As of August 3, 2026 Homes with flood insurance (NFIP, FEMA)

Places

Cities in New York

The 16 most populous cities with a page. Each one compares its prices and rents with its county.

New York Kings County · 8,483,844 people Typical value $777,600 +83% vs. New York Rent $1,821
Buffalo Erie County · 276,854 people Typical value $164,200 −61% vs. New York Rent $1,046
Yonkers Westchester County · 209,978 people Typical value $501,600 +18% vs. New York Rent $1,784
Rochester Monroe County · 208,772 people Typical value $139,600 −67% vs. New York Rent $1,081
Syracuse Onondaga County · 146,384 people Typical value $138,400 −67% vs. New York Rent $1,039
Albany Albany County · 100,492 people Typical value $234,700 −45% vs. New York Rent $1,216
New Rochelle Westchester County · 82,769 people Typical value $702,500 +66% vs. New York Rent $1,917
Cheektowaga Erie County · 76,056 people Typical value $185,500 −56% vs. New York Rent $1,055
Mount Vernon Westchester County · 72,427 people Typical value $484,000 +14% vs. New York Rent $1,629
Schenectady Schenectady County · 68,847 people Typical value $168,800 −60% vs. New York Rent $1,145
Utica Oneida County · 64,217 people Typical value $151,300 −64% vs. New York Rent $951
White Plains Westchester County · 60,666 people Typical value $620,800 +46% vs. New York Rent $2,269
Hempstead Nassau County · 58,801 people Typical value $459,500 +8% vs. New York Rent $1,622
Tonawanda Town Erie County · 56,806 people Typical value $215,200 −49% vs. New York Rent $1,102
Levittown Nassau County · 51,904 people Typical value $590,500 +39% vs. New York Rent $2,656
Troy Rensselaer County · 51,033 people Typical value $206,500 −51% vs. New York Rent $1,175

See the other cities (338)

Help to buy

Assistance programs in New York

Our list has 3 official programs that help you buy in New York. Each card says what kind of help it gives and when we checked its official page.

See all 3 programs

SONYMA Down Payment Assistance Loan (DPAL)
SONYMA second loan with no interest, forgiven after ten years, for the down payment with a SONYMA mortgage in New York. Offered by State of New York Mortgage Agency (SONYMA).

Forgivable Verified November 5, 2026
Achieving the Dream
SONYMA mortgage at a very low fixed rate for low-income first-time buyers in New York, with a minimal down payment. Offered by State of New York Mortgage Agency (SONYMA).

Forgivable Verified November 5, 2026
HomeFirst Down Payment Assistance Program
Only in: New York City, Bronx County, Kings County, New York County, Queens County, Richmond County

New York City interest-free forgivable loan of up to $100,000 (or 20% of the price) for the down payment or closing costs of first-time buyers in the city's five boroughs. Offered by NYC Department of Housing Preservation and Development (HPD).

Forgivable Verified November 5, 2026

Tenant rights

Tenant rights in New York

New York law answers 5 of these 5 questions, each answer with its citation. Where it says “Data not available”, we have not verified it against the source yet.

A summary of state law, not legal advice. Cities may have additional rules.

See every right

How much can they charge for a deposit?

In New York, a landlord cannot require a security deposit of more than one month's rent. The law has exceptions, such as seasonal rentals and owner-occupied co-op apartments.

N.Y. Gen. Oblig. Law §7-108(1-a)(a)
When must they return my deposit?

After you move out, the landlord has 14 days to return your deposit. If they keep any part of it, they must give you a written, itemized statement explaining why.

N.Y. Gen. Oblig. Law §7-108(1-a)(e)
If I fall behind on rent, what notice must I get?

If you owe rent, the landlord must first serve a written rent demand giving at least 14 days' notice to pay or give up possession. Only then can a nonpayment case go forward.

N.Y. Real Prop. Acts. Law §711(2)
How much notice ends a month-to-month rental?

If the landlord will not renew your tenancy (or will raise the rent 5% or more), they must tell you in writing. Under 1 year: at least 30 days. 1 to 2 years: at least 60 days. 2 years or more: at least 90 days.

N.Y. Real Prop. Law §226-c(2)
Are there limits on late fees?

A landlord can charge a late fee only if rent was not paid within 5 days of the due date. The fee cannot be more than $50 or 5% of the monthly rent, whichever is less.

N.Y. Real Prop. Law §238-a(2)

A man and two girls read a book together on the sofa.

Help and advice

Who can help you in New York?

You do not have to do this alone. A HUD-approved housing counselor gives independent advice on buying, renting, late payments and credit, often free or at low cost.

93 HUD-approved counseling agencies serve New York; 38 say they serve you in Spanish. Choose your county to see the closest ones with their phone number.

158 public housing authorities run Section 8 vouchers and public housing in New York.

See all 93 agencies See the housing agencies

Who runs the help in New York

New York State Homes and Community Renewal, State of New York Mortgage Agency (SONYMA)

The State of New York Mortgage Agency (SONYMA) says it offers low-interest mortgage loans and programs to help qualified buyers purchase their first home. It works with nonprofit housing counseling agencies across New York to help you through the homebuying process. SONYMA does not take loan applications or service loans directly.

The agency's official page · Verified October 17, 2026

Where to file a complaint in New York

Where to file a housing discrimination complaint

If you believe you were discriminated against in New York State, you can report it to the Division of Human Rights. For acts on or after February 15, 2024, the report must be filed within three years of the most recent incident.

New York State Division of Human Rights · Verified October 16, 2026
Help with homeowners insurance complaints or questions

The New York Department of Financial Services (DFS) can answer questions about agents, brokers and adjusters, the claims process (including hurricane and wind deductibles), policy cancellation, non-renewal, and additional living expense coverage, which you may be entitled to if a disaster displaces you.

New York State Department of Financial Services (DFS) · Verified October 16, 2026

Guides

Guides for you in New York

We picked them with the numbers of New York. Each one says why it can help you.

Help and programs HUD housing counselors: what they do and what they cost
There are 38 HUD-approved counseling agencies here that serve in Spanish.
Renting What to do if you get an eviction notice
Here, 29% of renting households spend half or more of their income on rent (nationwide: 26%).
Renting How to rent without a Social Security number or credit
Here 46% of households rent (nationwide: 35%).
Help and programs Down payment assistance: how it works
There are 3 down payment assistance programs New York on our list.
Owning a home Property tax explained: how it is calculated and paid
The typical property tax here equals 1.55% of the home's value (nationwide: 0.94%).

Frequently asked questions about housing in New York

What is the FHA limit in New York in 2026?

In New York, the FHA limit for a one-unit home runs from $541,287 to $1,249,125. The highest is in Bronx County.

How much does a typical home cost in New York?

The typical home value in New York is $423,800 (Average 2020–2024, U.S. Census). The highest is in New York County ($1,090,500) and the lowest in Allegany County ($101,700).

How much does it cost to rent in New York?

The typical rent in New York is $1,621 a month (Average 2020–2024, U.S. Census).

How much do you need to earn to rent a 2-bedroom apartment in New York?

At HUD's average fair market rent in New York ($2,402, Fiscal year 2027), about $46.19 an hour working full time, so rent stays under 30% of income.

How much is property tax in New York?

The typical property tax in New York is $6,582 a year, about 1.55% of home value (Average 2020–2024, U.S. Census).

Where can I find free help in Spanish to buy a home in New York?

There are 93 HUD-approved counseling agencies in New York; 38 say they serve you in Spanish. Each county page lists the closest ones with their phone number.

Sources: American Community Survey (Average 2020–2024); FHA mortgage limits (2026 data); Conforming loan limits (2026 data); Fair Market Rents (Fiscal year 2027); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (Retrieved November 6, 2026); FHFA House Price Index (2025 data); Homes with flood insurance (As of August 3, 2026); Regional price parities (2024 data); Census Bureau cartographic boundary files (2024 data).

Housing , home prices, rents and assistance in New York (2026)

The key numbers

Living in New York

The essentials in New York

Housing in New York

Explore the counties in New York

Work out your payment in New York

More math for New York

How expensive is it to live in New York?

How have home prices changed?

How expensive are prices here?

Is there a flood risk?

Cities in New York

Assistance programs in New York

Tenant rights in New York

Who can help you in New York?

Who runs the help in New York

Where to file a complaint in New York

Guides for you in New York

Frequently asked questions about housing in New York

What is the FHA limit in New York in 2026?

How much does a typical home cost in New York?

How much does it cost to rent in New York?

How much do you need to earn to rent a 2-bedroom apartment in New York?

How much is property tax in New York?

Where can I find free help in Spanish to buy a home in New York?