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City · 14,936 residents · Suffolk County, New York

Riverhead , New York

In Riverhead, a typical home is worth $457,400 and typical rent is $2,045 a month. Compared with all of Suffolk County, typical household income is 36% lower, the typical home value is 21% lower, and the share of households that own their home is 21 points lower.

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  • Typical home value

    $457,400

    21% below the county

    8% above New York

    • Riverhead
    • Suffolk
    • New York

  • Typical rent

    $2,045a month

    9% below the county

    26% above New York

    • Riverhead
    • Suffolk
    • New York

  • Typical household income

    $83,008a year

    36% below the county

    3% below New York

    • Riverhead
    • Suffolk
    • New York

  • Households that own their home

    61%

    21 points below the county

    7 points above New York

    • Riverhead
    • Suffolk
    • New York

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

Market now, with Zillow data

Zillow data
Typical home value
$638,350
4.7% more than 12 months ago

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

Riverhead 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 Riverhead apart

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

  1. Nearby, in Calverton, the typical home value is $229,200: 50% less than in Riverhead ($457,400).

  2. 61% of households in Riverhead own their home, against 82% in Suffolk County.

  3. The typical household income in Riverhead is $83,008, 36% less than in Suffolk County as a whole ($130,686).

  4. The typical home in Riverhead is worth $457,400, 21% less than in Suffolk County as a whole ($578,400).

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

The homes here

Housing in Riverhead

What homes there are in Riverhead, 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

In Riverhead, 6 in 10 homes are single-family detached houses; in Suffolk County, 8.

Mobile homes are 6% of homes in Riverhead, more than in Suffolk County (1%).

Year built

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

$2,682 a month

Suffolk County: $3,320 a month

Without a mortgage

$1,233 a month

Suffolk County: $1,478 a month

Owners with a mortgage

50%

Suffolk County: 62%

Owning costs less in Riverhead: with a mortgage, the typical cost is $2,682 a month; in Suffolk County, $3,320. Without one, $1,233.

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

Homes in Riverhead gained value more slowly than in Suffolk County: 37% since 2015–2019, against 46%.

Rents in Riverhead rose faster than in Suffolk County: 48% since 2015–2019, against 29%.

Here income gained ground: typical income rose 59%, against +37% for home values and +48% for rent.

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

MeasureRiverheadSuffolk 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 7.6%2.8%5.3%3.4%
People per household 2.652.932.492.53
Drive alone 83%72%49%69%
Carpool Unreliable estimate8%6%9%
Public transit Unreliable estimate5%22%3%
Walk or bike Unreliable estimate2%6%3%
Work from home Unreliable estimate12%15%15%
Other means Unreliable estimate2%2%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

More households are short on space in Riverhead: 7.6% have more than one person per room; in Suffolk County, 2.8%.

Fewer people live in each home here: 2.65 on average, against 2.93 in Suffolk County.

To get to work, 83% of workers in Riverhead 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 Riverhead?

A typical home costs more than the typical income allows

We start with a typical home in Riverhead, worth $457,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 58% of the typical household income in Riverhead, which is $83,008 a year. For that payment to be 28% of income, a household would need to earn about $171,570 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 Riverhead. 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 $16,009 (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

$4,003

at 7.18% · 30 years

Loan amount
$449,115
Total interest
$646,172
Paid off in
November 2056

Includes $7,724 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,937 a month

  • Tight

    $1,937 to $2,490 a month

  • Hard

    more than $2,490 a month

    Your payment · 58%

Compared with the typical household income in Riverhead ($83,008 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$4,003
Principal & interest$3,042
Property tax$568
Home insurance$191
FHA mortgage insurance (MIP)$202

You need at least $16,009 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

Riverhead and Suffolk County

Riverhead 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).

Riverhead's own numbers

Typical home value
$457,400
Typical monthly rent
$2,045
Typical yearly household income
$83,008
Households that own their home
61%
Effective property tax rate
1.49%

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 Riverhead

A typical home in Riverhead is worth $457,400: 21% below the county and 8% above New York. With the typical household income in Riverhead ($83,008 a year), a typical home costs 5.5 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.

  • Riverhead 5.5 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

Riverhead 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
  • Riverhead $457,400
  • Suffolk $578,400
  • New York $423,800
  • United States $332,700
Typical monthly rent
  • Riverhead $2,045
  • Suffolk $2,255
  • New York $1,621
  • United States $1,413
Typical yearly household income
  • Riverhead $83,008
  • Suffolk $130,686
  • New York $85,974
  • United States $80,734
See the full table
Riverhead next to Suffolk County and New York
Measure Riverhead Suffolk County New York U.S.
Typical home value $457,400 $578,400 $423,800 $332,700
Typical monthly rent $2,045 $2,255 $1,621 $1,413
Typical yearly household income $83,008 $130,686 $85,974 $80,734
Households that own their home 61% 82% 54% 65%
Typical yearly property tax $6,837 $10,001 $6,582 $3,119
Effective property tax rate 1.49% 1.73% 1.55% 0.94%
Renters with high rent for their income 59% 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 Riverhead

For a typical $457,400 home in Riverhead, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Riverhead's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $4,003a month

    Least cash to close
    Down payment
    $16,009
    Cash to close
    $29,731
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $202

  • Conventional, 5% down $3,919a month

    Down payment
    $22,870
    Cash to close
    $36,592
    Rate
    7.18%
    Mortgage insurance
    PMI · $217

  • Conventional, 20% down, no PMI $3,237a month

    Down payment
    $91,480
    Cash to close
    $105,202
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,660a month

    Down payment
    $68,610
    Cash to close
    $82,332
    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 Riverhead and for Suffolk County.

Property tax

Effective rate in Riverhead

1.49%of the home’s value each year

$6,837 a year for the typical owner in Riverhead.

  • Riverhead 1.49%
  • 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 Riverhead

Typical rent in Riverhead is $2,045 a month: 9% below the county. In Riverhead, 59% 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 Riverhead

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Riverhead is in ZIP code 11901.

For 2 bedrooms it is $2,570: $119 less than the fair market rent for Suffolk County ($2,689).

  • 11901 $2,570$3,310

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Riverhead 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 Riverhead

HUD lists 11 buildings with rents for lower incomes in Riverhead. These are the largest.

  • John Wesley Village II 2 Aldersgate, Riverhead 11901 220 low-income homes · 1 bd: 168 · 2 bd: 52 · In service since 1999 · For older adults
  • River Pointe Apts 821 E Main St, Riverhead 11901 135 low-income homes · 1 bd: 33 · 2 bd: 92 · 3 bd: 10 · In service since 2006 · For families
  • Tradewinds Village 1 Aldersgate, Riverhead 11901 115 homes, 114 low-income · For older adults
  • John Wesley Village III 1400 Aldersgate, Riverhead 11901 92 low-income homes · 1 bd: 71 · 2 bd: 21 · In service since 2004 · For older adults
  • Riverview Lofts (riverhead) 221 E Main St, Riverhead 11901 116 homes, 87 low-income · Studio: 31 · 1 bd: 57 · 2 bd: 28 · In service since 2020

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

Free help

Help to buy or rent in Riverhead

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 Riverhead

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

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

Housing counselors near Riverhead

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

  • North Fork Housing Alliance, Incorporated

    116 South St, Greenport · 19 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 4 more
    (631) 477-1070

  • Community Housing Innovations, Inc.

    55 Medford Ave., Ste. B, Patchogue · 21 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 · 22 miles away

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

Every agency in Suffolk County All counseling agencies in New York

Help in Spanish near Riverhead

None 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 Riverhead

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

  • Riverhead Housing Development Corproration Section 8 vouchers (631) 722-8701

12 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 Riverhead, 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 Riverhead.

All guides
A mother smiles as she carries her young daughter on her shoulders (black and white).

Questions

Housing questions about Riverhead

Short answers with the numbers for Riverhead 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 Riverhead?

The typical home value in Riverhead is $457,400, 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 Riverhead?

Typical rent in Riverhead is $2,045 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 Riverhead?

Riverhead 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 Riverhead?

The typical homeowner in Riverhead pays $6,837 a year, according to the U.S. Census Bureau. That is 1.49% of the home’s value; in Suffolk County, the rate is 1.73%.

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

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).