Ranked from ACS 2023 5-Year
Highest Price-to-Rent Ratios in New York
The counties where a home costs the most years of rent. A high ratio does not mean a place is overpriced. It can also mean rents are held down, or that buyers are paying for land, schools or a view that a renter cannot get at any price. It does mean the arithmetic of buying rests more on what the house is worth later and less on what it saves you each month. Median home value over twelve months of median gross rent, both Census five-year estimates.
New York ranked
| # | County | Price-to-rent | Median home | Median rent |
|---|---|---|---|---|
| 1 | New York County | 43.3 yrs | $1,108,900 | $2,132 |
| 2 | Kings County | 41.6 yrs | $889,700 | $1,784 |
| 3 | Richmond County | 32.5 yrs | $658,500 | $1,689 |
| 4 | Queens County | 30.4 yrs | $699,200 | $1,915 |
| 5 | Bronx County | 30.0 yrs | $517,000 | $1,436 |
| 6 | Westchester County | 28.4 yrs | $638,400 | $1,876 |
| 7 | Rockland County | 25.7 yrs | $564,200 | $1,826 |
| 8 | Nassau County | 25.0 yrs | $658,700 | $2,195 |
| 9 | Hamilton County | 23.4 yrs | $242,000 | $860 |
| 10 | Columbia County | 21.5 yrs | $309,800 | $1,199 |
| 11 | Greene County | 20.8 yrs | $248,300 | $993 |
| 12 | Suffolk County | 20.5 yrs | $539,500 | $2,190 |
| 13 | Putnam County | 20.5 yrs | $448,000 | $1,824 |
| 14 | Dutchess County | 20.2 yrs | $368,100 | $1,522 |
| 15 | Saratoga County | 20.1 yrs | $324,800 | $1,347 |
| 16 | Ulster County | 19.7 yrs | $315,100 | $1,335 |
| 17 | Sullivan County | 19.6 yrs | $234,800 | $999 |
| 18 | Warren County | 18.9 yrs | $247,600 | $1,089 |
| 19 | Orange County | 18.8 yrs | $361,100 | $1,602 |
| 20 | Essex County | 18.7 yrs | $200,000 | $890 |
| 21 | Yates County | 18.5 yrs | $178,000 | $802 |
| 22 | Albany County | 18.5 yrs | $277,400 | $1,252 |
| 23 | Erie County | 17.5 yrs | $217,400 | $1,037 |
| 24 | Delaware County | 17.3 yrs | $176,200 | $848 |
| 25 | Rensselaer County | 17.2 yrs | $244,300 | $1,182 |
| 26 | Niagara County | 17.0 yrs | $177,400 | $870 |
| 27 | Schoharie County | 16.6 yrs | $182,000 | $916 |
| 28 | Madison County | 16.5 yrs | $176,800 | $891 |
| 29 | Wyoming County | 16.5 yrs | $154,700 | $782 |
| 30 | Tompkins County | 16.5 yrs | $271,500 | $1,374 |
| 31 | Schenectady County | 16.0 yrs | $223,100 | $1,159 |
| 32 | Lewis County | 16.0 yrs | $158,000 | $821 |
| 33 | Schuyler County | 15.9 yrs | $163,300 | $858 |
| 34 | Otsego County | 15.6 yrs | $175,900 | $942 |
| 35 | Oneida County | 15.5 yrs | $171,100 | $917 |
| 36 | Livingston County | 15.5 yrs | $169,600 | $912 |
| 37 | Washington County | 15.4 yrs | $185,000 | $1,000 |
| 38 | Cayuga County | 15.3 yrs | $164,200 | $895 |
| 39 | Clinton County | 15.3 yrs | $175,100 | $956 |
| 40 | Ontario County | 15.0 yrs | $202,900 | $1,126 |
| 41 | Fulton County | 14.7 yrs | $156,100 | $883 |
| 42 | Wayne County | 14.7 yrs | $163,400 | $929 |
| 43 | Monroe County | 14.6 yrs | $197,100 | $1,126 |
| 44 | Onondaga County | 14.5 yrs | $185,300 | $1,067 |
| 45 | Genesee County | 14.5 yrs | $157,800 | $909 |
| 46 | Cortland County | 14.5 yrs | $158,100 | $911 |
| 47 | Tioga County | 14.0 yrs | $153,200 | $914 |
| 48 | Herkimer County | 13.9 yrs | $135,000 | $811 |
| 49 | Broome County | 13.2 yrs | $145,100 | $914 |
| 50 | Franklin County | 13.1 yrs | $128,600 | $819 |
| 51 | Chenango County | 13.0 yrs | $128,100 | $819 |
| 52 | Seneca County | 12.9 yrs | $142,700 | $925 |
| 53 | Montgomery County | 12.8 yrs | $141,600 | $921 |
| 54 | St. Lawrence County | 12.5 yrs | $119,800 | $799 |
| 55 | Chautauqua County | 12.5 yrs | $119,300 | $797 |
| 56 | Jefferson County | 12.4 yrs | $181,000 | $1,214 |
| 57 | Oswego County | 12.3 yrs | $139,600 | $943 |
| 58 | Steuben County | 12.2 yrs | $128,600 | $878 |
| 59 | Cattaraugus County | 12.0 yrs | $109,400 | $759 |
| 60 | Orleans County | 12.0 yrs | $126,200 | $877 |
| 61 | Allegany County | 10.8 yrs | $97,900 | $754 |
| 62 | Chemung County | 10.8 yrs | $132,100 | $1,020 |
Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Highest Price-to-Rent Ratios across all 3,133 US counties · Every county in New York