City Report · NY

Coram

Pop. 39,539·38th most expensive in New York·Coram rents are up 12.9% over the past year
Median rent (all units)
$3,224/mo
Year-over-Year
+12.9%
Month-over-Month
-3.0%
vs US Median
+$1,262
Falling (Monthly)
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Most AffordableMost Expensive
Coram · $3,224
More expensive than 93% of US cities · National median $1,962/mo
Rent Reality Score
42/100
Fairly priced
OverheatedFairGreat value

Rents are 4% above what Coram's 10-year trend predicts — running hotter than its own history.

Actual rent
$3,224/mo
Expected by trend
$3,104/mo
The Rent Reality Score compares today's median rent to where Coram's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,080
1 BR
$2,520
2 BR
$2,910
3 BR
$3,770
4 BR+
$4,040
Fair Market Rent (HUD)
$2,910/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,224 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$38,688/yr
At $3,224/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.9% YoY, -3.0% MoM), not inventory.
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Demographics

Who lives here

Coram, NY is majority owner-occupied, has a median income above the national average, 36.1% of residents hold a bachelor's degree or higher.

Population
39,539
Median income
$105,220
Median age
43.5
Renters
30.8%
Age distribution
19.2%
22.6%
25.3%
14.7%
18.1%
Under 1819.2%
18–3422.6%
35–5425.3%
55–6414.7%
65+18.1%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
58.7%
15.2%
18.7%
White58.7%
Black15.2%
Hispanic18.7%
Asian3.7%
Other3.7%
Education (25+)
28%
28.2%
36.1%
No HS diploma7.7%
HS diploma28%
Some college28.2%
Bachelor's+36.1%
Housing tenure
69.2%
30.8%
Owner69.2%
Renter30.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Coram, NY has changed in 5 years

Rent
$2,348 → $3,224
up 37.3%
Income
$86,188 → $105,220
up 22.1%
Population
41,431 → 39,539
down 4.6%
Renter share
29.9% → 30.8%
+0.9 pts
Bachelor's+
33.3% → 36.1%
+2.8 pts
Median age
42.6 → 43.5
+0.9 yrs

The median rent in Coram, NY stood at $2,348 in 2021 and currently runs about $3,224, reflecting a 37.3% increase over the period. Median household income rose from $86,188 to $105,220 between 2021 and 2024, a 22.1% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 4.6% since 2021, moving from about 41,431 residents to roughly 39,539. College-educated residents now make up 36.1% of adults here, versus 33.3% in 2021. Taken together, the five-year picture in Coram, NY reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View Coram rent history (2015–2026) →
Salary vs rent

Can you afford rent in Coram on your salary?

At $3,224/mo, how Coram rent compares to typical pay (30% rule).

By apartment size

Coram rent by bedroom count

Median rent for each apartment size in Coram. Click any size for full breakdown.

Local insights

Tips for renters in Coram

About renting in Coram, NY

Last updated: August 17, 2026

The median rent in Coram is $3,224/mo as of August 2026. A studio apartment averages $2,080/mo while a 2-bedroom runs $2,910/mo. One-bedroom apartments average $2,520/mo and 3-bedroom units go for $3,770/mo.

At 37% of local median household income ($105,220/yr), Coram ranks as moderate compared to the national benchmark of 30%. Rents have increased 12.9% over the past year.

FAQ

Frequently asked questions

Is Coram an affordable city for renters?

Coram is considered moderate for renters. At $3,224/mo, rent takes approximately 37% of the local median household income ($105,220/yr). The standard benchmark is 30%. Coram slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Coram?

To keep rent at or below 30% of gross income, you would need to earn at least $129,000/year (~$62/hour full-time) to afford the median rent of $3,224/mo in Coram. The local median household income is $105,220/yr, meaning the typical Coram household falls short of that threshold.

Is rent going up or down in Coram?

Rent in Coram has increased 12.9% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Coram rent compare to other cities in New York?

Coram is one of the pricier cities in New York for rent, ranking #38 out of 125 tracked cities at $3,224/mo.

Which nearby cities are cheaper to rent in than Coram?

Several nearby cities have lower median rents than Coram ($3,224/mo): Holbrook ($2,845/mo), Port Jefferson Station ($3,119/mo).

What percentage of Coram residents rent vs. own?

According to Census data, approximately 30.8% of Coram households are renters, while 69.2% are owner-occupied. Coram leans toward homeownership, which can mean a smaller rental inventory.

How does Coram rent compare to the national average?

Coram's median rent of $3,224/mo is $1,262 (64%) above the US national median of $1,962/mo. Within New York, it ranks #38 out of 125 tracked cities.
Income Affordability
37%
MODERATE

At $3,224/mo, rent takes ~37% of Coram's median household income ($105,220/yr). The standard benchmark is 30%.

Coram 37%Benchmark 30%
State income tax4–10.9%
Run the Coram affordability calculator →
Lowest-rent ZIP codes in Coram
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Neighborhoods

Estimated from ZIP-level data

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Public schools near Coram, NY

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