Español

Este sitio también está en español. Leer en español

City · 24,796 residents · Suffolk County, New York

Medford , New York

In Medford, a typical home is worth $476,200 and typical rent is $2,353 a month. Compared with all of Suffolk County, the typical home value is 18% lower and the share of households that own their home is 6 points higher.

WhatsApp

  • Typical home value

    $476,200

    18% below the county

    12% above New York

    • Medford
    • Suffolk
    • New York

  • Typical rent

    $2,353a month

    4% above the county

    45% above New York

    • Medford
    • Suffolk
    • New York

  • Typical household income

    $128,192a year

    About the same as the county

    49% above New York

    • Medford
    • Suffolk
    • New York

  • Households that own their home

    88%

    6 points above the county

    34 points above New York

    • Medford
    • Suffolk
    • New York

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$618,315
5.7% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Medford is in Suffolk County. The FHA loan limit ($1,249,125 for a one-unit home), the fair market rents and the help on this page are those of all of Suffolk County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Medford apart

What this place has that others do not, from public data, most unusual first.

  1. The typical home in Medford is worth $476,200, 18% less than in Suffolk County as a whole ($578,400).

  2. 88% of households in Medford own their home, against 82% in Suffolk County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Medford

What homes there are in Medford, 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

As in Suffolk County, most homes in Medford are detached houses (81%).

Year built

Here half of the homes date from 1975 or later; in Suffolk County, from 1970 or later.

Homes in Medford are bigger: 82% have 3 bedrooms or more; in Suffolk County, 73%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

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

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$3,225 a month

Suffolk County: $3,320 a month

Without a mortgage

$1,208 a month

Suffolk County: $1,478 a month

Owners with a mortgage

68%

Suffolk County: 62%

The typical cost for an owner with a mortgage in Medford is $3,225 a month, near the figure in Suffolk County ($3,320).

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

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

Change since 2015–2019

The typical home value in Medford rose 47% since 2015–2019, about the same as in Suffolk County (46%).

Rent in Medford moved so little since 2015–2019 that the Census cannot say whether it rose or fell.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

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

MeasureMedfordSuffolk CountyNew YorkUnited States
Rental vacancy Unreliable estimate4.1%3.8%5.5%
Homeowner vacancy Unreliable estimate0.6%1.1%0.9%
More than one person per room Unreliable estimate2.8%5.3%3.4%
People per household 3.092.932.492.53
Drive alone 74%72%49%69%
Carpool 9%8%6%9%
Public transit Unreliable estimate5%22%3%
Walk or bike Unreliable estimate2%6%3%
Work from home 8%12%15%15%
Other means Unreliable estimate2%2%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

On average, a household in Medford has 3.09 people, more than in Suffolk County (2.93).

To get to work, 74% of workers in Medford drive alone; in Suffolk County, 72%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Medford?

A typical home costs more than the typical income allows

We start with a typical home in Medford, worth $476,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 41% of the typical household income in Medford, which is $128,192 a year. For that payment to be 28% of income, a household would need to earn about $187,635 a year.

The calculator's FHA and conventional loan limits are those of all of Suffolk County.

Your numbers

Local data
$

Starts at the typical home value in Medford. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $16,667 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

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

Adjust advanced details

Estimated monthly payment

Local data

$4,378

at 7.18% · 30 years

Loan amount
$467,575
Total interest
$672,730
Paid off in
November 2056

Includes $8,042 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,991 a month

  • Tight

    $2,991 to $3,846 a month

  • Hard

    more than $3,846 a month

    Your payment · 41%

Compared with the typical household income in Medford ($128,192 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$4,378
Principal & interest$3,168
Property tax$802
Home insurance$198
FHA mortgage insurance (MIP)$211

You need at least $16,667 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Medford and Suffolk County

Medford is in Suffolk County, New York. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Medford's own numbers

Typical home value
$476,200
Typical monthly rent
$2,353
Typical yearly household income
$128,192
Households that own their home
88%
Effective property tax rate
2.02%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Suffolk County

FHA limit, one-unit home
$1,249,125
Conventional limit, one unit
$1,209,750
HUD fair market rent, 2 bedrooms
$2,689
Price change over 5 years (FHFA)
+54%
Homes in a high flood-risk zone
4.3%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Suffolk County.

Everything about Suffolk County

Buying

Buying a home in Medford

A typical home in Medford is worth $476,200: 18% below the county and 12% above New York. With the typical household income in Medford ($128,192 a year), a typical home costs 3.7 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Medford 3.7 years
  • Suffolk 4.4 years
  • New York 4.9 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Suffolk County

According to FHFA’s house price index, home prices in Suffolk County rose 92% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Suffolk County.

Period County New York U.S.
Last year (2025) +5.4% +6.0% +2.9%
5 years (2020–2025) +54% +52% +47%
10 years (2015–2025) +92% +86% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Medford next to Suffolk County, New York and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Medford $476,200
  • Suffolk $578,400
  • New York $423,800
  • United States $332,700
Typical monthly rent
  • Medford $2,353
  • Suffolk $2,255
  • New York $1,621
  • United States $1,413
Typical yearly household income
  • Medford $128,192
  • Suffolk $130,686
  • New York $85,974
  • United States $80,734
See the full table
Medford next to Suffolk County and New York
Measure Medford Suffolk County New York U.S.
Typical home value $476,200 $578,400 $423,800 $332,700
Typical monthly rent $2,353 $2,255 $1,621 $1,413
Typical yearly household income $128,192 $130,686 $85,974 $80,734
Households that own their home 88% 82% 54% 65%
Typical yearly property tax $9,637 $10,001 $6,582 $3,119
Effective property tax rate 2.02% 1.73% 1.55% 0.94%
Renters with high rent for their income 60% 59% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Suffolk County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Medford

For a typical $476,200 home in Medford, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Medford's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $4,378a month

    Least cash to close
    Down payment
    $16,667
    Cash to close
    $30,953
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $211

  • Conventional, 5% down $4,291a month

    Down payment
    $23,810
    Cash to close
    $38,096
    Rate
    7.18%
    Mortgage insurance
    PMI · $226

  • Conventional, 20% down, no PMI $3,581a month

    Down payment
    $95,240
    Cash to close
    $109,526
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $4,021a month

    Down payment
    $71,430
    Cash to close
    $85,716
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Medford and for Suffolk County.

Property tax

Effective rate in Medford

2.02%of the home’s value each year

$9,637 a year for the typical owner in Medford.

  • Medford 2.02%
  • Suffolk 1.73%
  • New York 1.55%

What New York publishes Basic STAR school tax relief (New York State Department of Taxation and Finance)

Exemptions and deadlines in New York

Flood risk in Suffolk County

FEMA does not publish these numbers by city: they are for all of Suffolk County.

Homes in the high-risk zone
4.3%
21,119
Of those, with NFIP insurance
66%
County New York U.S.
Homes in the high-risk zone 4.3% 2% 3.5%
Of those, with NFIP insurance 66% 76% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Medford

Typical rent in Medford is $2,353 a month: 4% above the county. In Medford, 60% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Suffolk County, by unit size. To pay the 2-bedroom one ($2,689 a month) without spending more than 30% of your income, you would need to earn $51.71 an hour working full time.

HUD fair market rent for all of Suffolk County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,964 $37.77 $78,560
1 bedroom $2,285 $43.94 $91,400
2 bedrooms $2,689 $51.71 $107,560
3 bedrooms $3,458 $66.50 $138,320
4 bedrooms $3,671 $70.60 $146,840

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Medford

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Medford is in ZIP code 11763.

For 2 bedrooms it is $2,890: $201 more than the fair market rent for Suffolk County ($2,689).

  • 11763 $2,890$3,720

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Medford when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Medford

HUD lists 8 buildings with rents for lower incomes in Medford. These are the largest.

  • Medford Hamlet Assisted Living Facility 1529 N Ocean Ave, Medford 11763 136 low-income homes · Studio: 72 · 2 bd: 64 · In service since 2007 · For older adults, people with disabilities
  • Medford Landing 400 Addison PL, Medford 11763 112 low-income homes · 1 bd: 32 · 2 bd: 80 · In service since 2002 · For older adults
  • Saint Jeanne Jugan Village I 590 Christopher Ct, Medford 11763 76 low-income homes · For older adults
  • St. Jeanne Jugan Village II 590 Christopher Ct, Medford 11763 43 low-income homes · For older adults
  • Share XII 3017 Eagle Ave, Medford 11763 15 low-income homes · For people with disabilities

See all 114 buildings in Suffolk County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Medford

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 10 HUD-approved agencies with an office in Suffolk County; 4 say they serve in Spanish.

A man shakes hands with the specialist who helped him with his loan, in the kitchen of his new home.

HUD counseling is free or low-cost

Assistance programs in Medford

No down payment, repair or rent-help program on our list is for Medford or Suffolk County. The ones below are statewide in New York: they work in Medford the same as in the rest of the state.

Which programs do I qualify for? All programs in New York

Housing counselors near Medford

The HUD-approved agencies closest to the center of Medford, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Community Housing Innovations, Inc.

    55 Medford Ave., Ste. B, Patchogue · 4 miles away

    • Mortgage delinquency and default
    • Workshops for new owners
    • and 2 more
    631-475-6390-225

  • Economic Opportunity Council of Suffolk, Inc.

    31 W Main St, Patchogue · 4 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 4 more
    (631) 968-8000

  • Long Island Housing Services, Incorporated

    640 Johnson Ave Ste 8, Bohemia · 6 miles away · Spanish

    • Mortgage delinquency and default
    • Homelessness services
    • and 1 more
    (631) 567-5111

Every agency in Suffolk County All counseling agencies in New York

Help in Spanish near Medford

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Medford

In HUD’s record, no housing authority with an office in Suffolk County is named for Medford or Suffolk County.

13 other authorities have an office in Suffolk County: see the list Source: HUD

Cities

Other cities in Suffolk County

These cities are also in Suffolk County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Suffolk County Housing in New York
See 72 more cities in Suffolk County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Medford, with the typical home value.

Neighboring counties

If Suffolk County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Medford.

All guides
A father holds his baby and his young son by a white picket fence.

Questions

Housing questions about Medford

Short answers with the numbers for Medford and all of Suffolk County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Medford?

The typical home value in Medford is $476,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Suffolk County it is $578,400.

How much does it cost to rent in Medford?

Typical rent in Medford is $2,353 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Suffolk County is $2,689.

What is the FHA loan limit in Medford?

Medford uses the FHA limit for all of Suffolk County (2026): $1,249,125 for a one-unit home and $2,402,625 for a four-unit home.

How much property tax do owners pay in Medford?

The typical homeowner in Medford pays $9,637 a year, according to the U.S. Census Bureau. That is 2.02% of the home’s value; in Suffolk County, the rate is 1.73%.

Where can I find free help to buy or rent in Medford?

There are 10 HUD-approved counseling agencies with an office in Suffolk County. 4 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).