At $6,117/mo, rent takes about 31% of the local median household income, slightly 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 $6,117 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 ($239,815) is $5,995 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($5,610).
From Zillow's monthly rent index (ZORI) for Rye. 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
Rye, NY is majority owner-occupied, has a large share of families with children, has a median income above the national average, 80.5% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Rye, NY has changed in 5 years
Median household income climbed from $207,930 to $239,815 between 2021 and 2024, a 15.3% shift. The renter share has risen from 28.1% to 29.6%, with owner-occupied housing accounting for the remainder.
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Can you afford rent in Rye on your salary?
At $6,117/mo, how Rye rent compares to typical pay (30% rule).
Rye rent by bedroom count
Median rent for each apartment size in Rye. Click any size for full breakdown.
Tips for renters in Rye
Last updated: October 17, 2026
The median rent in Rye is $6,117/mo as of October 2026. A studio apartment averages $3,610/mo while a 2-bedroom runs $4,170/mo. One-bedroom apartments average $3,770/mo and 3-bedroom units go for $5,200/mo.
At 31% of local median household income ($239,815/yr), Rye 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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Is rent going up or down in Rye?
How does Rye rent compare to other cities in New York?
Which nearby cities are cheaper to rent in than Rye?
At $6,117/mo, rent takes ~31% of Rye's median household income ($239,815/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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