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City · 9,163 residents · Suffolk County, New York

Springs , New York

In Springs, a typical home is worth $948,500 and typical rent is $3,332 a month. Compared with all of Suffolk County, the typical home value is 64% higher, typical rent is 48% higher, and the share of households that own their home is 7 points lower.

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  • Typical home value

    $948,500

    64% above the county

    124% above New York

    • Springs
    • Suffolk
    • New York

  • Typical rent

    $3,332a month

    48% above the county

    106% above New York

    • Springs
    • Suffolk
    • New York

  • Typical household income

    $144,836a year

    11% above the county

    68% above New York

    • Springs
    • Suffolk
    • New York

  • Households that own their home

    75%

    7 points below the county

    20 points above New York

    • Springs
    • Suffolk
    • New York

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

Springs 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 Springs apart

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

  1. The typical home in Springs is worth $948,500, 64% more than in Suffolk County as a whole ($578,400).

  2. Nearby, in Northwest Harbor, the typical rent is $1,807: 46% less than in Springs ($3,332).

  3. The typical rent in Springs is $3,332 a month, 48% more than in Suffolk County as a whole ($2,255).

  4. Nearby, in Hampton Bays, the typical home value is $735,400: 22% less than in Springs ($948,500).

  5. 75% of households in Springs own their home, against 82% in Suffolk County.

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

The homes here

Housing in Springs

What homes there are in Springs, 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 Springs, 10 in 10 homes are single-family detached houses; in Suffolk County, 8.

Year built

Here half of the homes date from 1981 or later; in Suffolk County, from 1970 or later.

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

$3,561 a month

Suffolk County: $3,320 a month

Without a mortgage

$1,258 a month

Suffolk County: $1,478 a month

Owners with a mortgage

51%

Suffolk County: 62%

Owning costs more in Springs: with a mortgage, the typical cost is $3,561 a month; in Suffolk County, $3,320. Without one, $1,258.

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 Springs gained value more slowly than in Suffolk County: 32% since 2015–2019, against 46%.

Rents in Springs rose faster than in Suffolk County: 42% since 2015–2019, against 29%.

The typical household income in Springs rose 62%: more than home values (+32%) and rent (+42%).

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

MeasureSpringsSuffolk 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 2.532.932.492.53
Drive alone 56%72%49%69%
Carpool Unreliable estimate8%6%9%
Public transit Unreliable estimate5%22%3%
Walk or bike Unreliable estimate2%6%3%
Work from home 26%12%15%15%
Other means Unreliable estimate2%2%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

Fewer people live in each home here: 2.53 on average, against 2.93 in Suffolk County.

Many people here do not commute at all: 26% work from home; in Suffolk County, 12%.

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 Springs?

A typical home costs more than the typical income allows

We start with a typical home in Springs, worth $948,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 65% of the typical household income in Springs, which is $144,836 a year. For that payment to be 28% of income, a household would need to earn about $337,928 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 Springs. 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 $33,198 (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

$7,885

at 7.18% · 30 years

Loan amount
$931,320
Total interest
$1,339,951
Paid off in
November 2056

Includes $16,018 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $3,380 a month

  • Tight

    $3,380 to $4,345 a month

  • Hard

    more than $4,345 a month

    Your payment · 65%

Compared with the typical household income in Springs ($144,836 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$7,885
Principal & interest$6,309
Property tax$609
Home insurance$395
FHA mortgage insurance (MIP)$572

You need at least $33,198 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

Springs and Suffolk County

Springs 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).

Springs's own numbers

Typical home value
$948,500
Typical monthly rent
$3,332
Typical yearly household income
$144,836
Households that own their home
75%
Effective property tax rate
0.77%

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 Springs

A typical home in Springs is worth $948,500: 64% above the county and 124% above New York. With the typical household income in Springs ($144,836 a year), a typical home costs 6.5 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.

  • Springs 6.5 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

Springs 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
  • Springs $948,500
  • Suffolk $578,400
  • New York $423,800
  • United States $332,700
Typical monthly rent
  • Springs $3,332
  • Suffolk $2,255
  • New York $1,621
  • United States $1,413
Typical yearly household income
  • Springs $144,836
  • Suffolk $130,686
  • New York $85,974
  • United States $80,734
See the full table
Springs next to Suffolk County and New York
Measure Springs Suffolk County New York U.S.
Typical home value $948,500 $578,400 $423,800 $332,700
Typical monthly rent $3,332 $2,255 $1,621 $1,413
Typical yearly household income $144,836 $130,686 $85,974 $80,734
Households that own their home 75% 82% 54% 65%
Typical yearly property tax $7,318 $10,001 $6,582 $3,119
Effective property tax rate 0.77% 1.73% 1.55% 0.94%
Renters with high rent for their income 58% 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 Springs

For a typical $948,500 home in Springs, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Springs's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $7,885a month

    Least cash to close
    Down payment
    $33,198
    Cash to close
    $61,653
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $572

  • Conventional, 5% down $7,559a month

    Down payment
    $47,425
    Cash to close
    $75,880
    Rate
    7.18%
    Mortgage insurance
    PMI · $451

  • Conventional, 20% down, no PMI $6,144a month

    Down payment
    $189,700
    Cash to close
    $218,155
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $7,021a month

    Down payment
    $142,275
    Cash to close
    $170,730
    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 Springs and for Suffolk County.

Property tax

Effective rate in Springs

0.77%of the home’s value each year

$7,318 a year for the typical owner in Springs.

  • Springs 0.77%
  • 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 Springs

Typical rent in Springs is $3,332 a month: 48% above the county. In Springs, 58% 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 Springs

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Springs is in ZIP code 11937.

For 2 bedrooms it is $3,450: $761 more than the fair market rent for Suffolk County ($2,689).

  • 11937 $3,450$4,440

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

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 young woman and a young man point to a line in their notes beside a laptop in a library.

HUD counseling is free or low-cost

Assistance programs in Springs

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

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

Housing counselors near Springs

The HUD-approved agencies closest to the center of Springs, 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 · 12 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 · 48 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 · 48 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 Springs

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 Springs

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

All guides
A smiling girl holds up a small mushroom she found on a forest outing.

Questions

Housing questions about Springs

Short answers with the numbers for Springs 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 Springs?

The typical home value in Springs is $948,500, 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 Springs?

Typical rent in Springs is $3,332 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 Springs?

Springs 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 Springs?

The typical homeowner in Springs pays $7,318 a year, according to the U.S. Census Bureau. That is 0.77% of the home’s value; in Suffolk County, the rate is 1.73%.

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

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).