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City Report · NY

Larchmont

Pop. 6,567·4th most expensive in New York·One of the pricier rental markets in the US
Median rent (all units)
$7,202/mo
Year-over-Year
Stable
Month-over-Month
+12.9%
vs US Median
+$5,237
Rising (Monthly)
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Most AffordableMost Expensive
Larchmont · $7,202
More expensive than 100% of US cities · National median $1,965/mo
Affordability
52% of income
EXPENSIVE
0%30% benchmark60%+

At $7,202/mo, rent takes about 52% of the local median household income, well above the 30% benchmark.

Income to afford
$288,000/yr
Local median income
$167,536/yr
Based on the 30%-of-income rule using Larchmont's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$2,750
1 BR
$2,870
2 BR
$3,180
3 BR
$3,960
4 BR+
$4,280
Research median
$3,180/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$86,424/yr
At $7,202/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +12.9% MoM), not inventory.
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Demographics

Who lives here

Larchmont, NY is majority owner-occupied, has a large share of families with children, has a median income above the national average, 84% of residents hold a bachelor's degree or higher.

Population
6,567
Median income
$167,536
Median age
38.7
Renters
27.4%
Age distribution
26.1%
16.6%
30.3%
13.4%
13.6%
Under 1826.1%
18–3416.6%
35–5430.3%
55–6413.4%
65+13.6%
Gender
50.7%
49.3%
Male50.7%
Female49.3%
Race & ethnicity
88.5%
White88.5%
Black1.4%
Hispanic6.7%
Other3.4%
Education (25+)
84%
HS diploma7.8%
Some college8%
Bachelor's+84%
Housing tenure
72.6%
27.4%
Owner72.6%
Renter27.4%

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

2021 vs 2026

How Larchmont, NY has changed in 5 years

Income
$214,186 → $167,536
down 21.8%
Population
6,532 → 6,567
up 0.5%
Renter share
24.7% → 27.4%
+2.7 pts
Bachelor's+
82.4% → 84%
+1.6 pts
Median age
34.8 → 38.7
+3.9 yrs

Local incomes tracked alongside that move, going from a median of $214,186 in 2021 to $167,536 more recently. The renter share has risen from 24.7% to 27.4%, with owner-occupied housing accounting for the remainder.

Community

Discussions about Larchmont

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

Can you afford rent in Larchmont on your salary?

At $7,202/mo, how Larchmont rent compares to typical pay (30% rule).

By apartment size

Larchmont rent by bedroom count

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

Local insights

Tips for renters in Larchmont

About renting in Larchmont, NY

Last updated: July 20, 2026

The median rent in Larchmont is $7,202/mo as of July 2026. A studio apartment averages $2,750/mo while a 2-bedroom runs $3,180/mo. One-bedroom apartments average $2,870/mo and 3-bedroom units go for $3,960/mo.

At 52% of local median household income ($167,536/yr), Larchmont ranks as expensive compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Larchmont an affordable city for renters?

Larchmont is considered expensive for renters. At $7,202/mo, rent takes approximately 52% of the local median household income ($167,536/yr). The standard benchmark is 30%. Larchmont significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Larchmont?

To keep rent at or below 30% of gross income, you would need to earn at least $288,000/year (~$138/hour full-time) to afford the median rent of $7,202/mo in Larchmont. The local median household income is $167,536/yr, meaning the typical Larchmont household falls short of that threshold.

Is rent going up or down in Larchmont?

Rent in Larchmont has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

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

Larchmont is one of the pricier cities in New York for rent, ranking #4 out of 126 tracked cities at $7,202/mo.

Which nearby cities are cheaper to rent in than Larchmont?

Several nearby cities have lower median rents than Larchmont ($7,202/mo): Eastchester ($2,683/mo), New Rochelle ($2,974/mo), Mamaroneck ($4,144/mo).

What percentage of Larchmont residents rent vs. own?

According to Census data, approximately 27.4% of Larchmont households are renters, while 72.6% are owner-occupied. Larchmont leans toward homeownership, which can mean a smaller rental inventory.

How does Larchmont rent compare to the national average?

Larchmont's median rent of $7,202/mo is $5,237 (267%) above the US national median of $1,965/mo. Within New York, it ranks #4 out of 126 tracked cities.
Income Affordability
52%
EXPENSIVE

At $7,202/mo, rent takes ~52% of Larchmont's median household income ($167,536/yr). The standard benchmark is 30%.

Larchmont 52%Benchmark 30%
State income tax4–10.9%
Run the Larchmont affordability calculator →
Lowest-rent ZIP codes in Larchmont
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Larchmont, NY

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