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City Report · NY

Purchase

·12th most expensive in New York·One of the pricier rental markets in the US
Median rent (all units)
$3,939/mo
Year-over-Year
+1.3%
Month-over-Month
-0.6%
vs US Median
+$2,007
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Purchase · $3,939
More expensive than 97% of US cities · National median $1,932/mo
Affordability
66% of income
EXPENSIVE
0%30% benchmark60%+

At $3,939/mo, rent takes about 66% of the US median household income, well above the 30% benchmark.

Income to afford
$158,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Purchase's median rent and household income. See the full affordability breakdown →
Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of New York

Rent in Purchase changed +1.3% over the year to September 2026. Across the 82 New York cities Zillow tracks, the typical change was +5.3%.

Recent direction

Rent rose in 7 of the last 12 months.

Cheaper nearby

White Plains, 3 miles away, rents for 16% less ($3,301/mo), about $7,700 a year in savings.

From Zillow's monthly rent index (ZORI) for Purchase.

Annual cost
$47,268/yr
At $3,939/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+1.3% YoY, -0.6% MoM), not inventory.
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Community

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

Can you afford rent in Purchase on your salary?

At $3,939/mo, how Purchase rent compares to typical pay (30% rule).

Local insights

Tips for renters in Purchase

About renting in Purchase, NY

Last updated: October 17, 2026

The median rent in Purchase is $3,939/mo as of October 2026.

At 66% of estimated US median household income ($72,000/yr), Purchase ranks as expensive compared to the national benchmark of 30%. Rents have increased 1.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Purchase?

To keep rent at or below 30% of gross income, you would need to earn at least $158,000/year (about $76/hour full-time) to afford the median rent of $3,939/mo in Purchase.

Is rent going up or down in Purchase?

Rent in Purchase has risen 1.3% over the past year.

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

Purchase is one of the pricier among New York cities for rent, ranking #12 of 121 tracked cities at $3,939/mo. Over the year to September 2026, rent in Purchase changed +1.3%, against a typical +5.3% across the 82 New York cities Zillow tracks.

Which nearby cities are cheaper to rent in than Purchase?

Nearby cities with lower median rent than Purchase ($3,939/mo) include Port Chester ($3,130/mo), White Plains ($3,301/mo), and Harrison ($3,455/mo).
Income Affordability
66%
EXPENSIVE

At $3,939/mo, rent takes ~66% of US median household income ($72,000/yr). The standard benchmark is 30%.

Purchase 66%Benchmark 30%
State income tax4–10.9%
Run the Purchase affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Purchase, NY

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