Español

Este sitio también está en español. Leer en español

City · 6,959 residents · Monroe County, New York

Rochester Institute of Technology , New York

In Rochester Institute of Technology, typical rent is $1,037 a month. Compared with all of Monroe County, typical rent is 12% lower.

WhatsApp

  • Typical rent

    $1,037a month

    12% below the county

    36% below New York

    • Rochester Institute of Technology
    • Monroe
    • New York

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

Rochester Institute of Technology is in Monroe 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 Monroe County. See the county

Data updated: October 1, 2026 11 official sources

The homes here

Housing in Rochester Institute of Technology

What homes there are in Rochester Institute of Technology, 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

No kind of home is the majority in Rochester Institute of Technology; the largest group, buildings of 2 to 4 homes, adds up to 30%, against 13% in Monroe County.

Year built

The typical home in Rochester Institute of Technology was built in 2005, 40 years after the typical one in Monroe County.

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

Monthly rent with utilities

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

Rochester Institute of Technology does not have the same boundaries as in 2015–2019: that is why there is no change to compare. For reference, in Monroe County the typical home value rose 44%.

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

MeasureRochester Institute of TechnologyMonroe CountyNew YorkUnited States
Rental vacancy Unreliable estimate5.0%3.8%5.5%
More than one person per room Unreliable estimate1.4%5.3%3.4%
People per household 2.662.282.492.53
Drive alone 32%71%49%69%
Carpool Unreliable estimate8%6%9%
Public transit Unreliable estimate2%22%3%
Walk or bike 40%3%6%3%
Work from home 11%16%15%15%
Other means Unreliable estimate1%2%2%
Typical commute Unreliable estimate10 to 19 minutes20 to 29 minutes20 to 29 minutes

On average, a household in Rochester Institute of Technology has 2.66 people, more than in Monroe County (2.28).

More people walk or bike to work in Rochester Institute of Technology: 40%, against 3% in Monroe County.

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 Rochester Institute of Technology?

The Census Bureau publishes no typical home value or typical household income for Rochester Institute of Technology, so we don't measure how heavy the payment is. Enter your own numbers in the calculator. The Census Bureau publishes no typical home value for Rochester Institute of Technology, so the calculator starts with the one for Monroe County: $213,700. The rate is Freddie Mac’s weekly average (7.18%, November 5, 2026); yours may be different. The FHA and conventional loan limits are those of all of Monroe County. Change the price, the down payment or the loan type and see how your payment changes.

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

Your numbers

Local data
$

Starts at the typical home value in Rochester Institute of Technology. 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 $7,480 (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

$2,073

at 7.18% · 30 years

Loan amount
$209,829
Total interest
$301,894
Paid off in
November 2056

Includes $3,609 FHA upfront mortgage insurance premium.

Does it fit the income?

Type your income to see which tier this payment lands in.

Show the result as
per month$2,073
Principal & interest$1,421
Property tax$468
Home insurance$89
FHA mortgage insurance (MIP)$95

You need at least $7,480 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

Rochester Institute of Technology and Monroe County

Rochester Institute of Technology is in Monroe 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).

Rochester Institute of Technology's own numbers

Typical monthly rent
$1,037

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

Numbers for all of Monroe County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,416
Price change over 5 years (FHFA)
+69%
Homes in a high flood-risk zone
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 Monroe County.

Everything about Monroe County

Buying

Buying a home in Rochester Institute of Technology

The Census Bureau publishes no typical home value for Rochester Institute of Technology. Below are the numbers for Monroe County.

How prices have changed in Monroe County

According to FHFA’s house price index, home prices in Monroe County rose 106% in the 10 years through 2025.

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

Period County New York U.S.
Last year (2025) +6.6% +6.0% +2.9%
5 years (2020–2025) +69% +52% +47%
10 years (2015–2025) +106% +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

Rochester Institute of Technology next to Monroe County, New York and the U.S.

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

Typical monthly rent
  • Rochester Institute of Technology $1,037
  • Monroe $1,173
  • New York $1,621
  • United States $1,413
See the full table
Rochester Institute of Technology next to Monroe County and New York
Measure Rochester Institute of Technology Monroe County New York U.S.
Typical monthly rent $1,037 $1,173 $1,621 $1,413
Renters with high rent for their income 63% 51% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Monroe 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 Rochester Institute of Technology

The Census Bureau publishes no typical home value for Rochester Institute of Technology, so we don't build this table. You can enter the price you're looking for in the calculator above.

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 Rochester Institute of Technology and for Monroe County.

Property tax

Data not available for this place

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 Monroe County

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

Homes in the high-risk zone
1%
2,341
Of those, with NFIP insurance
26%
County New York U.S.
Homes in the high-risk zone 1% 2% 3.5%
Of those, with NFIP insurance 26% 76% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Rochester Institute of Technology

Typical rent in Rochester Institute of Technology is $1,037 a month: 12% below the county. In Rochester Institute of Technology, 63% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Monroe County, by unit size. To pay the 2-bedroom one ($1,416 a month) without spending more than 30% of your income, you would need to earn $27.23 an hour working full time.

HUD fair market rent for all of Monroe 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 $1,005 $19.33 $40,200
1 bedroom $1,131 $21.75 $45,240
2 bedrooms $1,416 $27.23 $56,640
3 bedrooms $1,706 $32.81 $68,240
4 bedrooms $1,875 $36.06 $75,000

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 Rochester Institute of Technology

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Rochester Institute of Technology is in ZIP code 14623.

For 2 bedrooms it is $1,570: $154 more than the fair market rent for Monroe County ($1,416).

  • 14623 $1,570$1,890

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

Free help

Help to buy or rent in Rochester Institute of Technology

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 7 HUD-approved agencies with an office in Monroe County; 4 say they serve in Spanish.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in Rochester Institute of Technology

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

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

Housing counselors near Rochester Institute of Technology

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

  • Urban League of Rochester DBA the Home Store

    265 N Clinton Ave, Rochester · 6 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    (585) 325-6530

  • Pathstone Corporation- New York

    400 East Avenue, Rochester · 6 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 11 more
    (585) 546-3700

  • NSC (naca Counseling Subsidiary) - Rochester, NY

    550 E Main St, Rochester · 6 miles away · Spanish

    • Mortgage delinquency workshops
    • Budget and financial counseling
    • and 5 more
    (703) 234-6222

Every agency in Monroe County All counseling agencies in New York

Help in Spanish near Rochester Institute of Technology

2 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 Rochester Institute of Technology

In HUD’s record, no housing authority with an office in Monroe County is named for Rochester Institute of Technology or Monroe County.

2 other authorities have an office in Monroe County: see the list Source: HUD

Cities

Other cities in Monroe County

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

Everything about Monroe County Housing in New York

Nearby cities

The cities closest to Rochester Institute of Technology, with the typical home value.

Neighboring counties

If Monroe 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 Rochester Institute of Technology.

All guides
A mother holds her laughing daughter on a grey sofa.

Questions

Housing questions about Rochester Institute of Technology

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

How much does it cost to rent in Rochester Institute of Technology?

Typical rent in Rochester Institute of Technology is $1,037 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Monroe County is $1,416.

What is the FHA loan limit in Rochester Institute of Technology?

Rochester Institute of Technology uses the FHA limit for all of Monroe County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

Where can I find free help to buy or rent in Rochester Institute of Technology?

There are 7 HUD-approved counseling agencies with an office in Monroe 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).