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City · 82,769 residents · Westchester County, New York

New Rochelle , New York

In New Rochelle, a typical home is worth $702,500 and typical rent is $1,917 a month. Compared with all of Westchester County, typical household income is 8% lower, the typical home value is 6% higher, and the share of households that own their home is 8 points lower.

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  • Typical home value

    $702,500

    6% above the county

    66% above New York

    • New Rochelle
    • Westchester
    • New York

  • Typical rent

    $1,917a month

    About the same as the county

    18% above New York

    • New Rochelle
    • Westchester
    • New York

  • Typical household income

    $109,167a year

    8% below the county

    27% above New York

    • New Rochelle
    • Westchester
    • New York

  • Households that own their home

    54%

    8 points below the county

    1 points below New York

    • New Rochelle
    • Westchester
    • New York

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

Market now, with Zillow data

Zillow data
Typical home value
$941,136
7.5% more than 12 months ago
Typical rent
$2,995 a month
4.9% more than 12 months ago

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

New Rochelle is in Westchester 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 Westchester County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets New Rochelle apart

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

  1. Nearby, in Mount Vernon, the typical home value is $484,000: 31% less than in New Rochelle ($702,500).

  2. Nearby, in Mount Vernon, the typical rent is $1,629: 15% less than in New Rochelle ($1,917).

  3. 54% of households in New Rochelle own their home, against 62% in Westchester County.

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

The homes here

Housing in New Rochelle

What homes there are in New Rochelle, 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

Many people here live in apartments: 5 in 10 homes; in Westchester County, 4.

Year built

Homes in New Rochelle are older: the typical year built is 1955; in Westchester County, 1959.

There are fewer big homes in New Rochelle than in Westchester County: 44% have 3 bedrooms or more, against 50%.

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

By rent, most homes in New Rochelle cost less than HUD's 2-bedroom fair market rent ($2,971): about 85%.

Owners with a mortgage

58%

Westchester County: 61%

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

From 2015–2019 to 2020–2024, home values in New Rochelle rose at about the same pace as in Westchester County: 22% against 23%.

The typical rent in New Rochelle rose 25% since 2015–2019, about the same as in Westchester County (27%).

Income in New Rochelle grew faster than housing: it rose 34%, while home values changed +22% and rent +25%.

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

MeasureNew RochelleWestchester CountyNew YorkUnited States
Rental vacancy Unreliable estimate2.5%3.8%5.5%
Homeowner vacancy Unreliable estimate0.8%1.1%0.9%
More than one person per room 5.8%5.0%5.3%3.4%
People per household 2.492.612.492.53
Drive alone 52%50%49%69%
Carpool 6%7%6%9%
Public transit 16%17%22%3%
Walk or bike 6%4%6%3%
Work from home 18%19%15%15%
Other means 3%2%2%2%
Typical commute Unreliable estimate30 to 39 minutes20 to 29 minutes20 to 29 minutes

More than one person per room: that is how 5.8% of households in New Rochelle live, near the figure in Westchester County (5.0%).

Much as in Westchester County, a household in New Rochelle has 2.49 people on average.

To get to work, 52% of workers in New Rochelle drive alone; in Westchester County, 50%.

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 New Rochelle?

A typical home costs more than the typical income allows

We start with a typical home in New Rochelle, worth $702,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 67% of the typical household income in New Rochelle, which is $109,167 a year. For that payment to be 28% of income, a household would need to earn about $261,750 a year.

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

Your numbers

Local data
$

Starts at the typical home value in New Rochelle. 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 $24,588 (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

$6,108

at 7.18% · 30 years

Loan amount
$689,775
Total interest
$992,425
Paid off in
November 2056

Includes $11,863 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,547 a month

  • Tight

    $2,547 to $3,275 a month

  • Hard

    more than $3,275 a month

    Your payment · 67%

Compared with the typical household income in New Rochelle ($109,167 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$6,108
Principal & interest$4,673
Property tax$831
Home insurance$293
FHA mortgage insurance (MIP)$311

You need at least $24,588 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

New Rochelle and Westchester County

New Rochelle is in Westchester 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 Rochelle's own numbers

Typical home value
$702,500
Typical monthly rent
$1,917
Typical yearly household income
$109,167
Households that own their home
54%
Effective property tax rate
1.42%

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

Numbers for all of Westchester County

FHA limit, one-unit home
$1,249,125
Conventional limit, one unit
$1,209,750
HUD fair market rent, 2 bedrooms
$2,971
Price change over 5 years (FHFA)
+42%
Homes in a high flood-risk zone
1.8%

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 Westchester County.

Everything about Westchester County

Buying

Buying a home in New Rochelle

A typical home in New Rochelle is worth $702,500: 6% above the county and 66% above New York. With the typical household income in New Rochelle ($109,167 a year), a typical home costs 6.4 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 Rochelle 6.4 years
  • Westchester 5.6 years
  • New York 4.9 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Westchester County

According to FHFA’s house price index, home prices in Westchester County rose 62% in the 10 years through 2025.

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

Period County New York U.S.
Last year (2025) +5.7% +6.0% +2.9%
5 years (2020–2025) +42% +52% +47%
10 years (2015–2025) +62% +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 Rochelle next to Westchester 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 Rochelle $702,500
  • Westchester $663,200
  • New York $423,800
  • United States $332,700
Typical monthly rent
  • New Rochelle $1,917
  • Westchester $1,951
  • New York $1,621
  • United States $1,413
Typical yearly household income
  • New Rochelle $109,167
  • Westchester $118,976
  • New York $85,974
  • United States $80,734
See the full table
New Rochelle next to Westchester County and New York
Measure New Rochelle Westchester County New York U.S.
Typical home value $702,500 $663,200 $423,800 $332,700
Typical monthly rent $1,917 $1,951 $1,621 $1,413
Typical yearly household income $109,167 $118,976 $85,974 $80,734
Households that own their home 54% 62% 54% 65%
Typical yearly property tax $10,001 $10,001 $6,582 $3,119
Effective property tax rate 1.42% 1.51% 1.55% 0.94%
Renters with high rent for their income 51% 54% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Westchester 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 Rochelle

For a typical $702,500 home in New Rochelle, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, New Rochelle's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $6,107a month

    Least cash to close
    Down payment
    $24,588
    Cash to close
    $45,663
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $311

  • Conventional, 5% down $5,979a month

    Down payment
    $35,125
    Cash to close
    $56,200
    Rate
    7.18%
    Mortgage insurance
    PMI · $334

  • Conventional, 20% down, no PMI $4,931a month

    Down payment
    $140,500
    Cash to close
    $161,575
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $5,581a month

    Down payment
    $105,375
    Cash to close
    $126,450
    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 New Rochelle and for Westchester County.

Property tax

Effective rate in New Rochelle

1.42%of the home’s value each year

$10,001 a year for the typical owner in New Rochelle.

  • New Rochelle 1.42%
  • Westchester 1.51%
  • 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 Westchester County

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

Homes in the high-risk zone
1.8%
3,657
Of those, with NFIP insurance
64%
County New York U.S.
Homes in the high-risk zone 1.8% 2% 3.5%
Of those, with NFIP insurance 64% 76% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in New Rochelle

Typical rent in New Rochelle is $1,917 a month: about the same as the county. In New Rochelle, 51% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Westchester County, by unit size. To pay the 2-bedroom one ($2,971 a month) without spending more than 30% of your income, you would need to earn $57.13 an hour working full time.

HUD fair market rent for all of Westchester 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 $2,593 $49.87 $103,720
1 bedroom $2,729 $52.48 $109,160
2 bedrooms $2,971 $57.13 $118,840
3 bedrooms $3,760 $72.31 $150,400
4 bedrooms $4,121 $79.25 $164,840

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 New Rochelle

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). New Rochelle has 3 ZIP codes with their own.

For 2 bedrooms it runs from $3,040 in 10801 to $3,580 in 10804.

3 of the 3 are above the fair market rent for Westchester County ($2,971).

  • 10801 $3,040$3,850
  • 10804 $3,580$4,530
  • 10805 $3,100$3,920

A ZIP code counts for New Rochelle 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 New Rochelle

HUD lists 22 buildings with rents for lower incomes in New Rochelle. These are the largest.

  • Washington House 60 Union Ave, New Rochelle 10801 211 homes, 210 low-income · 1 bd: 191 · 2 bd: 19 · In service since 2015 · For older adults
  • The New Rochelle Rad 50 Sickles Ave, New Rochelle 10801 203 homes, 202 low-income · In service since 2019
  • Parkside Place 590 Fifth Ave, New Rochelle 10801 176 low-income homes · 1 bd: 20 · 2 bd: 104 · 3 bd: 52 · In service since 2008 · For families
  • Huguenot Houses 16 Locust Ave, New Rochelle 10801 152 homes, 151 low-income · For older adults
  • Soundview Apts 40 Willow Dr, New Rochelle 10805 136 homes, 135 low-income · Studio: 15 · 1 bd: 120 · 2 bd: 1 · In service since 2005 · For families

See all 183 buildings in Westchester County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in New Rochelle

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 6 HUD-approved agencies with an office in Westchester County; 3 say they serve in Spanish.

A grandmother pushes her grandson on a playground swing.

HUD counseling is free or low-cost

Assistance programs in New Rochelle

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

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

Housing counselors near New Rochelle

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

  • The Bronx Neighborhood Housing Services CDC, Inc.

    1451 East Gun Hill Road 2nd fl, Bronx · 5 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 4 more
    (718) 881-1180

  • Neighborhood Housing Services of New York City Bronx Branch

    2475 Westchester Avenue, Bronx · 7 miles away · Spanish

    • Mortgage delinquency and default
    • Pre-purchase counseling
    • and 1 more
    (929) 268-3790

  • Westchester Residential Opportunities, Incorporated

    470 Mamaroneck Ave Ste 410, White Plains · 7 miles away · Spanish

    Also serves in French, Italian, and other languages.

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    (914) 428-4507

Every agency in Westchester County All counseling agencies in New York

Help in Spanish near New Rochelle

3 of the 3 agencies on this list say they serve 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 New Rochelle

HUD’s record names them for New Rochelle or Westchester County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • City of New Rochelle Housing Authority Section 8 vouchers (914) 654-2177
  • New Rochelle Housing Authority Public housing and Section 8 vouchers (914) 636-7050

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

Cities

Other cities in Westchester County

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

Everything about Westchester County Housing in New York
See 18 more cities in Westchester County, with prices and rents

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

Nearby cities

The cities closest to New Rochelle, with the typical home value.

Neighboring counties

If Westchester 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 New Rochelle.

All guides
A mother and her daughters smile together on a mountain trail with a snowy peak behind them.

Questions

Housing questions about New Rochelle

Short answers with the numbers for New Rochelle and all of Westchester 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 Rochelle?

The typical home value in New Rochelle is $702,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Westchester County it is $663,200.

How much does it cost to rent in New Rochelle?

Typical rent in New Rochelle is $1,917 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Westchester County is $2,971.

What is the FHA loan limit in New Rochelle?

New Rochelle uses the FHA limit for all of Westchester 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 New Rochelle?

The typical homeowner in New Rochelle pays $10,001 a year, according to the U.S. Census Bureau. That is 1.42% of the home’s value; in Westchester County, the rate is 1.51%.

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

There are 6 HUD-approved counseling agencies with an office in Westchester County. 3 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).