At $3,629/mo, rent takes about 26% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,629 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Dobbs Ferry changed +15.5% over the year to September 2026. Across the 82 New York cities Zillow tracks, the typical change was +5.3%.
Rent has risen 2 months in a row, and rose in 11 of the last 12 months.
30% of the median household income ($165,417) is $4,135 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($3,370); a 3-bedroom is $4,200.
Yonkers, 5 miles away, rents for 24% less ($2,765/mo), about $10,400 a year in savings.
From Zillow's monthly rent index (ZORI) for Dobbs Ferry. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Dobbs Ferry, NY is majority owner-occupied, has a median income above the national average, 69.7% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Dobbs Ferry, NY has changed in 5 years
Local incomes tracked alongside that move, going from a median of $136,204 in 2021 to $165,417 more recently. About 36.1% of households rent today, against 40.2% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 61.7% to 69.7%.
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Can you afford rent in Dobbs Ferry on your salary?
At $3,629/mo, how Dobbs Ferry rent compares to typical pay (30% rule).
Dobbs Ferry rent by bedroom count
Median rent for each apartment size in Dobbs Ferry. Click any size for full breakdown.
Tips for renters in Dobbs Ferry
Last updated: October 17, 2026
The median rent in Dobbs Ferry is $3,629/mo as of October 2026. A studio apartment averages $2,920/mo while a 2-bedroom runs $3,370/mo. One-bedroom apartments average $3,040/mo and 3-bedroom units go for $4,200/mo.
At 26% of local median household income ($165,417/yr), Dobbs Ferry ranks as affordable compared to the national benchmark of 30%. Rents have increased 15.5% over the past year.
Frequently asked questions
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Is rent going up or down in Dobbs Ferry?
How does Dobbs Ferry rent compare to other cities in New York?
Which nearby cities are cheaper to rent in than Dobbs Ferry?
At $3,629/mo, rent takes ~26% of Dobbs Ferry's median household income ($165,417/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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