At $2,100/mo, rent takes about 48% of the local median household income, well above 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 $2,100 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
30% of the median household income ($52,774) is $1,319 a month. That is less than HUD's Fair Market Rent for a studio ($1,580).
From Zillow's monthly rent index (ZORI) for New Paltz. 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
New Paltz, NY is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 73.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How New Paltz, NY has changed in 5 years
Median household income rose from $51,912 to $52,774 between 2021 and 2024, a 1.7% shift. The population has grown by 12.7% since 2021, moving from about 7,378 residents to roughly 8,314. Renters now make up 79.7% of households, compared with 70.4% five years ago. College-educated residents now make up 73.3% of adults here, versus 69.7% in 2021.
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Can you afford rent in New Paltz on your salary?
At $2,100/mo, how New Paltz rent compares to typical pay (30% rule).
New Paltz rent by bedroom count
Median rent for each apartment size in New Paltz. Click any size for full breakdown.
Tips for renters in New Paltz
Last updated: October 17, 2026
The median rent in New Paltz is $2,100/mo as of October 2026. A studio apartment averages $1,580/mo while a 2-bedroom runs $2,070/mo. One-bedroom apartments average $1,580/mo and 3-bedroom units go for $2,620/mo.
At 48% of local median household income ($52,774/yr), New Paltz ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
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At $2,100/mo, rent takes ~48% of New Paltz's median household income ($52,774/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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