City Report · NY

New Rochelle

Pop. 82,769·43rd most expensive in New York·One of the pricier rental markets in the US

Median rent (all units)

$2,995/mo

Year-over-Year

+4.7%

Month-over-Month

+0.6%

vs US Median

+$1,063

Reported rents

Rising (Monthly)

Be the first to discuss New Rochelle rents ↓

Most AffordableMost Expensive

New Rochelle · $2,995

More expensive than 91% of US cities · National median $1,932/mo

Rent Reality Score

50/100

Fairly priced

OverheatedFairGreat value

Rents are right about where New Rochelle's 10-year trend predicts.

Actual rent

$2,995/mo

Expected by trend

$3,000/mo

The Rent Reality Score compares today's median rent to where New Rochelle's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$2,400

1 BR

$2,500

2 BR

$2,770

3 BR

$3,450

4 BR+

$3,720

Fair Market Rent (HUD)

$2,770/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,995 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

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in New Rochelle usually run 0.9% below trend in January and 1% above it in July, about $57 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in New Rochelle is at its highest level since Zillow's records here began in June 2016.

Past year vs. the rest of New York

Rent in New Rochelle changed +4.7% over the year to September 2026. Across the 82 New York cities Zillow tracks, the typical change was +5.3%.

Rent vs. income since 2019

From 2019 to 2024, rent in New Rochelle rose 20.6% while median household income rose 34.3% ($81,311 to $109,167). Income kept ahead of rent.

Since before the pandemic

Rent in New Rochelle is 31.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($109,167) is $2,729 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,500); a 2-bedroom is $2,770.

Cheaper nearby

Mount Vernon, 3 miles away, rents for 12% less ($2,639/mo), about $4,300 a year in savings.

From Zillow's monthly rent index (ZORI) for New Rochelle. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$35,940/yr

At $2,995/mo median

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (4.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+4.7% YoY, +0.6% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

New Rochelle, NY is roughly split between renters and owners, has a median income above the national average, 51.6% of residents hold a bachelor's degree or higher.

Population

82,769

Median income

$109,167

Median age

42.3

Renters

46.3%

Age distribution

19.5%

21.8%

26.1%

12.8%

19.8%

Under 1819.5%

18–3421.8%

35–5426.1%

55–6412.8%

65+19.8%

Gender

49.1%

50.9%

Male49.1%

Female50.9%

Race & ethnicity

45.3%

18.8%

29.9%

White45.3%

Black18.8%

Hispanic29.9%

Asian5.5%

Education (25+)

19.1%

17.4%

51.6%

No HS diploma12%

HS diploma19.1%

Some college17.4%

Bachelor's+51.6%

Housing tenure

53.7%

46.3%

Owner53.7%

Renter46.3%

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

2021 vs 2026

How New Rochelle, NY has changed in 5 years

Rent

$2,424 → $2,995

up 23.6%

Income

$87,159 → $109,167

up 25.3%

Population

80,685 → 82,769

up 2.6%

Renter share

45.5% → 46.3%

+0.8 pts

Bachelor's+

46.7% → 51.6%

+4.9 pts

Median age

40.8 → 42.3

+1.5 yrs

Rent in New Rochelle, NY has climbed 23.6% since 2021, going from about $2,424 per month to roughly $2,995 today. Median household income grew from $87,159 to $109,167 between 2021 and 2024, a 25.3% shift. Headcount in the area went from 80,685 to 82,769 between 2021 and 2024, a 2.6% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 46.7% to 51.6%. Taken together, the five-year picture in New Rochelle, 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

Discussions about New Rochelle

No discussions yet. Start the conversation.

View New Rochelle rent history (2015–2026) →

Salary vs rent

Can you afford rent in New Rochelle on your salary?

At $2,995/mo, how New Rochelle rent compares to typical pay (30% rule).

Registered Nurse

Avg $107,707/yr · Rent = 33.4% income

stretched

Elementary School Teacher

Avg $76,471/yr · Rent = 47% income

rent-burdened

Police Officer

Avg $88,088/yr · Rent = 40.8% income

rent-burdened

Software Developer

Avg $157,445/yr · Rent = 22.8% income

affordable

Lawyer

Avg $201,176/yr · Rent = 17.9% income

very comfortable

Firefighter

Avg $71,603/yr · Rent = 50.2% income

severely rent-burdened

Truck Driver

Avg $64,649/yr · Rent = 55.6% income

severely rent-burdened

Electrician

Avg $79,686/yr · Rent = 45.1% income

rent-burdened

By apartment size

New Rochelle rent by bedroom count

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

Local insights

Tips for renters in New Rochelle

About renting in New Rochelle, NY

Last updated: October 17, 2026

The median rent in New Rochelle is $2,995/mo as of October 2026. A studio apartment averages $2,400/mo while a 2-bedroom runs $2,770/mo. One-bedroom apartments average $2,500/mo and 3-bedroom units go for $3,450/mo.

At 33% of local median household income ($109,167/yr), New Rochelle ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in New Rochelle?

To keep rent at or below 30% of gross income, you would need to earn at least $120,000/year (about $58/hour full-time) to afford the median rent of $2,995/mo in New Rochelle. The local median household income is $109,167/yr, so the typical household falls short of that bar.

Is rent going up or down in New Rochelle?

Rent in New Rochelle has risen 4.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in June 2016.

When is the cheapest time to rent in New Rochelle?

Asking rents in New Rochelle are usually lowest in January, about 0.9% below their yearly trend, and highest in July, about 1% above it. At today's median that is a gap of roughly $57 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in New Rochelle?

No. From 2019 to 2024, rent in New Rochelle rose 20.6% while median household income rose 34.3%, from $81,311 to $109,167. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which New Rochelle neighborhoods have the lowest rent?

The most affordable ZIP codes in New Rochelle are 10805 ($2,727/mo), and 10801 ($2,996/mo). Citywide, the median rent is $2,995/mo.

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

New Rochelle is in the middle among New York cities for rent, ranking #43 of 121 tracked cities at $2,995/mo. Over the year to September 2026, rent in New Rochelle changed +4.7%, against a typical +5.3% across the 82 New York cities Zillow tracks.