Ranked from ACS 2023 5-Year
Counties Where Owning Costs Less Than Renting in New York
Counties where the full monthly cost of owning the median home comes in below median rent, even after tax, insurance, utilities and maintenance. These are the places where buying is cheapest relative to the local rental market.
Where does yours land?
Every county in America is somewhere on this scale, including the one you live in.
New York ranked
| # | County | Monthly saved by owning | Median rent | Monthly to own |
|---|---|---|---|---|
| 1 | Chemung County | $-341 | $1,020 | $1,361 |
| 2 | Allegany County | $-351 | $754 | $1,105 |
| 3 | Jefferson County | $-419 | $1,214 | $1,633 |
| 4 | Cattaraugus County | $-425 | $759 | $1,184 |
| 5 | St. Lawrence County | $-433 | $799 | $1,232 |
| 6 | Chautauqua County | $-441 | $797 | $1,238 |
| 7 | Franklin County | $-443 | $819 | $1,262 |
| 8 | Steuben County | $-453 | $878 | $1,331 |
| 9 | Orleans County | $-483 | $877 | $1,360 |
| 10 | Oswego County | $-488 | $943 | $1,431 |
| 11 | Chenango County | $-494 | $819 | $1,313 |
| 12 | Seneca County | $-498 | $925 | $1,423 |
| 13 | Montgomery County | $-525 | $921 | $1,446 |
| 14 | Herkimer County | $-546 | $811 | $1,357 |
| 15 | Broome County | $-571 | $914 | $1,485 |
| 16 | Tioga County | $-616 | $914 | $1,530 |
| 17 | Fulton County | $-631 | $883 | $1,514 |
| 18 | Lewis County | $-651 | $821 | $1,472 |
| 19 | Otsego County | $-664 | $942 | $1,606 |
| 20 | Genesee County | $-668 | $909 | $1,577 |
| 21 | Cortland County | $-687 | $911 | $1,598 |
| 22 | Schuyler County | $-688 | $858 | $1,546 |
| 23 | Clinton County | $-690 | $956 | $1,646 |
| 24 | Wayne County | $-702 | $929 | $1,631 |
| 25 | Cayuga County | $-706 | $895 | $1,601 |
| 26 | Oneida County | $-719 | $917 | $1,636 |
| 27 | Wyoming County | $-742 | $782 | $1,524 |
| 28 | Washington County | $-742 | $1,000 | $1,742 |
| 29 | Onondaga County | $-757 | $1,067 | $1,824 |
| 30 | Livingston County | $-759 | $912 | $1,671 |
| 31 | Delaware County | $-772 | $848 | $1,620 |
| 32 | Ontario County | $-781 | $1,126 | $1,907 |
| 33 | Madison County | $-816 | $891 | $1,707 |
| 34 | Schoharie County | $-817 | $916 | $1,733 |
| 35 | Monroe County | $-830 | $1,126 | $1,956 |
| 36 | Niagara County | $-840 | $870 | $1,710 |
| 37 | Yates County | $-859 | $802 | $1,661 |
| 38 | Essex County | $-886 | $890 | $1,776 |
| 39 | Schenectady County | $-963 | $1,159 | $2,122 |
| 40 | Erie County | $-968 | $1,037 | $2,005 |
| 41 | Warren County | $-1,048 | $1,089 | $2,137 |
| 42 | Rensselaer County | $-1,065 | $1,182 | $2,247 |
| 43 | Hamilton County | $-1,123 | $860 | $1,983 |
| 44 | Tompkins County | $-1,131 | $1,374 | $2,505 |
| 45 | Sullivan County | $-1,164 | $999 | $2,163 |
| 46 | Greene County | $-1,176 | $993 | $2,169 |
| 47 | Albany County | $-1,198 | $1,252 | $2,450 |
| 48 | Saratoga County | $-1,371 | $1,347 | $2,718 |
| 49 | Columbia County | $-1,420 | $1,199 | $2,619 |
| 50 | Ulster County | $-1,428 | $1,335 | $2,763 |
| 51 | Orange County | $-1,650 | $1,602 | $3,252 |
| 52 | Dutchess County | $-1,672 | $1,522 | $3,194 |
| 53 | Putnam County | $-2,112 | $1,824 | $3,936 |
| 54 | Suffolk County | $-2,331 | $2,190 | $4,521 |
| 55 | Bronx County | $-2,550 | $1,436 | $3,986 |
| 56 | Rockland County | $-2,853 | $1,826 | $4,679 |
| 57 | Nassau County | $-3,087 | $2,195 | $5,282 |
| 58 | Richmond County | $-3,265 | $1,689 | $4,954 |
| 59 | Westchester County | $-3,277 | $1,876 | $5,153 |
| 60 | Queens County | $-3,304 | $1,915 | $5,219 |
| 61 | Kings County | $-4,652 | $1,784 | $6,436 |
| 62 | New York County | $-6,028 | $2,132 | $8,160 |
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
Counties Where Owning Costs Less Than Renting across all 3,133 US counties · Every county in New York