In New Paltz, a typical home is worth $414,500 and typical rent is $1,672 a month. Compared with all of Ulster County, typical household income is 39% lower, the typical home value is 18% higher, and the share of households that own their home is 50 points lower.
From Zillow (ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
New Paltz is in Ulster County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Ulster County. See the county
What this place has that others do not, from public data, most unusual first.
1
20% of households in New Paltz own their home, against 70% in Ulster County.
2
The typical household income in New Paltz is $52,774,39% less than in Ulster County as a whole ($86,271).
3
Nearby, in Fairview, the typical home value is $283,500: 32% less than in New Paltz ($414,500).
4
Nearby, in Poughkeepsie, the typical rent is $1,400: 16% less than in New Paltz ($1,672).
5
The typical home in New Paltz is worth $414,500,18% more than in Ulster County as a whole ($352,500).
6
The typical rent in New Paltz is $1,672 a month, 17% more than in Ulster County as a whole ($1,425).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in New Paltz
What homes there are in New Paltz, 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
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
New Paltz
Ulster County
New York
United States
Kind of home: New Paltz and its comparisons
Measure
New Paltz
Ulster County
New York
United States
Detached house
19%
68%
41%
61%
Attached house
Unreliable estimate
3%
6%
6%
Building of 2 to 4
28%
13%
17%
8%
Apartments (5 or more)
47%
10%
35%
19%
Mobile home
Unreliable estimate
6%
2%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In New Paltz, the apartment is the most common kind of home: 47%, against 10% in Ulster County.
Year built
Before 19601960–19791980–19992000–20092010 or later
New Paltz
Ulster County
New York
United States
Year built: New Paltz and its comparisons
Measure
New Paltz
Ulster County
New York
United States
Before 1960
30%
45%
52%
26%
1960–1979
29%
22%
22%
24%
1980–1999
17%
19%
14%
25%
2000–2009
12%
9%
6%
14%
2010 or later
11%
6%
6%
11%
Here half of the homes date from 1974 or later; in Ulster County, from 1966 or later.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300KUnreliable
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: New Paltz and its comparisons
Measure
New Paltz
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
Unreliable estimate
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,49919%
$1,500–$1,99938%
$2,000–$2,49921%
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: New Paltz and its comparisons
Measure
New Paltz
Under $500
Unreliable
$500–$999
Unreliable estimate
$1,000–$1,499
19%
$1,500–$1,999
38%
$2,000–$2,499
21%
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
Without a mortgage
$1,230 a month
Ulster County: $953 a month
Owners with a mortgage
57%
Ulster County: 56%
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
New Paltz+51%
Ulster County+53%
New York+35%
United States+53%
Typical rent
New Paltz+20%
Ulster County+28%
New York+27%
United States+33%
Typical household income
New PaltzNo clear change
Ulster County+34%
New York+26%
United States+29%
Change since 2015–2019: New Paltz and its comparisons
Measure
New Paltz
Ulster County
New York
United States
Typical home value
+51%
+53%
+35%
+53%
Typical rent
+20%
+28%
+27%
+33%
Typical household income
No clear change
+34%
+26%
+29%
The typical home value in New Paltz rose 51% since 2015–2019, about the same as in Ulster County (53%).
Since 2015–2019, the typical rent in New Paltz rose 20%, less than in Ulster County (28%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: New Paltz and its comparisons
Measure
New Paltz
Ulster County
New York
United States
Rental vacancy
Unreliable estimate
4.9%
3.8%
5.5%
Homeowner vacancy
Unreliable estimate
1.1%
1.1%
0.9%
More than one person per room
Unreliable estimate
1.6%
5.3%
3.4%
People per household
2.07
2.26
2.49
2.53
Drive alone
44%
69%
49%
69%
Carpool
8%
7%
6%
9%
Public transit
Unreliable estimate
2%
22%
3%
Walk or bike
26%
4%
6%
3%
Work from home
19%
18%
15%
15%
Other means
Unreliable estimate
1%
2%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
On average, a household in New Paltz has 2.07 people, fewer than in Ulster County (2.26).
Many here get to work on foot or by bike: 26%, more than in Ulster County (4%).
Do the math
What would you pay each month for a home in New Paltz?
A typical home costs more than the typical income allows
We start with a typical home in New Paltz, worth $414,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 90% of the typical household income in New Paltz, which is $52,774 a year. For that payment to be 28% of income, a household would need to earn about $169,097 a year.
The calculator's FHA and conventional loan limits are those of all of Ulster County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in New Paltz. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $14,508 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$3,946
at 7.18% · 30 years
Loan amount
$406,992
Total interest
$585,566
Paid off in
November 2056
Includes $7,000 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,231 a month
Tight
$1,231 to $1,583 a month
Hard
more than $1,583 a month
Your payment · 90%
Compared with the typical household income in New Paltz ($52,774 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$2,757
Property tax
$832
Home insurance
$173
FHA mortgage insurance (MIP)
$183
You need at least $14,508 for the down payment, plus closing costs.
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.
Total monthly payment $3,946; principal and interest $2,757.
The city and its county
New Paltz and Ulster County
New Paltz is in Ulster 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).
New Paltz
Map of Ulster County, New York, with New Paltz marked. Around it, the neighboring counties.
New Paltz
Ulster County
Other cities with a page
New Paltz's own numbers
Typical home value
$414,500
Typical monthly rent
$1,672
Typical yearly household income
$52,774
Households that own their home
20%
Effective property tax rate
2.41%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Ulster County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,878
Price change over 5 years (FHFA)
+66%
Homes in a high flood-risk zone
3.1%
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 Ulster County.
A typical home in New Paltz is worth $414,500: 18% above the county and 2% below New York. With the typical household income in New Paltz ($52,774 a year), a typical home costs 7.9 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.
New Paltz7.9 years
Ulster4.1 years
New York4.9 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Ulster County
According to FHFA’s house price index, home prices in Ulster County rose 113% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Ulster County.
Yearly change in FHFA’s price index in Ulster County, 2016 to 2025
2016: +0.6% +0.6% 2016
2017: +5.5% +5.5% 2017
2018: +7.0% +7.0% 2018
2019: +6.4% +6.4% 2019
2020: +6.0% +6.0% 2020
2021: +18.2% +18.2% 2021
2022: +14.5% +14.5% 2022
2023: +8.0% +8.0% 2023
2024: +10.3% +10.3% 2024
2025: +3.3% +3.3% 2025
Change in FHFA’s price index in Ulster County, New York and the United States
Period
County
New York
U.S.
Last year (2025)
+3.3%
+6.0%
+2.9%
5 years (2020–2025)
+66%
+52%
+47%
10 years (2015–2025)
+113%
+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
New Paltz next to Ulster 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
New Paltz$414,500
Ulster$352,500
New York$423,800
United States$332,700
Typical monthly rent
New Paltz$1,672
Ulster$1,425
New York$1,621
United States$1,413
Typical yearly household income
New Paltz$52,774
Ulster$86,271
New York$85,974
United States$80,734
See the full table
New Paltz next to Ulster County and New York
Measure
New Paltz
Ulster County
New York
U.S.
Typical home value
$414,500 ▲18% above the county
$352,500
$423,800
$332,700
Typical monthly rent
$1,672 ▲17% above the county
$1,425
$1,621
$1,413
Typical yearly household income
$52,774 ▼39% below the county
$86,271
$85,974
$80,734
Households that own their home
20% ▼50 points below the county
70%
54%
65%
Typical yearly property tax
$10,001 ▲60% above the county
$6,238
$6,582
$3,119
Effective property tax rate
2.41% ▲0.64 points above the county
1.77%
1.55%
0.94%
Renters with high rent for their income
71% ▲14 points above the county
57%
52%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Ulster 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 New Paltz
For a typical $414,500 home in New Paltz, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, New Paltz's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$3,946a month
Least cash to close
Down payment
$14,508
Cash to close
$26,943
Rate
7.18%
Mortgage insurance
FHA MIP · $183
Conventional, 5% down$3,870a month
Down payment
$20,725
Cash to close
$33,160
Rate
7.18%
Mortgage insurance
PMI · $197
Conventional, 20% down, no PMI$3,252a month
Down payment
$82,900
Cash to close
$95,335
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,635a month
Down payment
$62,175
Cash to close
$74,610
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in New Paltz
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$3,946
$14,508
$406,992
7.18%
FHA MIP · $183
$26,943
580
Conventional, 5% down
$3,870
$20,725
$393,775
7.18%
PMI · $197
$33,160
620*
Conventional, 20% down, no PMI
$3,252
$82,900
$331,600
7.18%
None
$95,335
620*
ITIN, 15% down (example)
$3,635
$62,175
$352,325
8.18%
None
$74,610
Set by the lender
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.
Typical rent in New Paltz is $1,672 a month: 17% above the county. In New Paltz, 71% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Ulster County, by unit size. To pay the 2-bedroom one ($1,878 a month) without spending more than 30% of your income, you would need to earn $36.12 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Ulster County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,308
$25.15
$52,320
1 bedroom
$1,436
$27.62
$57,440
2 bedrooms
$1,878
$36.12
$75,120
3 bedrooms
$2,282
$43.88
$91,280
4 bedrooms
$2,468
$47.46
$98,720
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 New Paltz
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). New Paltz is in ZIP code 12561.
For 2 bedrooms it is $2,150: $272 more than the fair market rent for Ulster County ($1,878).
Fair market rent by ZIP code and size in New Paltz, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
12561
$1,500
$1,640
$2,150
$2,610
$2,830
ZIP code2 bd3 bd
12561 $2,150$2,610
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for New Paltz 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 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
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 2 HUD-approved agencies with an office in Ulster County; 2 say they serve in Spanish.
No down payment, repair or rent-help program on our list is for New Paltz or Ulster County. The ones below are statewide in New York: they work in New Paltz the same as in the rest of the state.
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).
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).
No legal help resource on our list is for New Paltz or Ulster County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for New Paltz and all of Ulster 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 New Paltz?
The typical home value in New Paltz is $414,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Ulster County it is $352,500.
How much does it cost to rent in New Paltz?
Typical rent in New Paltz is $1,672 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Ulster County is $1,878.
What is the FHA loan limit in New Paltz?
New Paltz uses the FHA limit for all of Ulster County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in New Paltz?
The typical homeowner in New Paltz pays $10,001 a year, according to the U.S. Census Bureau. That is 2.41% of the home’s value; in Ulster County, the rate is 1.77%.
Where can I find free help to buy or rent in New Paltz?
There are 2 HUD-approved counseling agencies with an office in Ulster County. 2 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
