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City Report · NY

Rye

Pop. 16,428·3rd most expensive in New York·One of the pricier rental markets in the US
Median rent (all units)
$8,489/mo
Year-over-Year
Stable
Month-over-Month
+12.6%
vs US Median
+$6,524
Rising (Monthly)
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Most AffordableMost Expensive
Rye · $8,489
More expensive than 100% of US cities · National median $1,965/mo
Affordability
42% of income
STRETCHED
0%30% benchmark60%+

At $8,489/mo, rent takes about 42% of the local median household income, well above the 30% benchmark.

Income to afford
$340,000/yr
Local median income
$239,815/yr
Based on the 30%-of-income rule using Rye's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$3,610
1 BR
$3,770
2 BR
$4,170
3 BR
$5,200
4 BR+
$5,610
Research median
$4,170/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
$101,868/yr
At $8,489/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, +12.6% MoM), not inventory.
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Demographics

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.

Population
16,428
Median income
$239,815
Median age
42.5
Renters
29.6%
Age distribution
28.9%
12.3%
30.2%
12.4%
16.1%
Under 1828.9%
18–3412.3%
35–5430.2%
55–6412.4%
65+16.1%
Gender
50.3%
49.7%
Male50.3%
Female49.7%
Race & ethnicity
77.6%
White77.6%
Black2.1%
Hispanic7%
Asian6.8%
Other6.6%
Education (25+)
80.5%
No HS diploma3.6%
HS diploma7.3%
Some college8.6%
Bachelor's+80.5%
Housing tenure
70.4%
29.6%
Owner70.4%
Renter29.6%

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

2021 vs 2026

How Rye, NY has changed in 5 years

Income
$207,930 → $239,815
up 15.3%
Population
16,459 → 16,428
down 0.2%
Renter share
28.1% → 29.6%
+1.5 pts
Bachelor's+
80.1% → 80.5%
+0.4 pts

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.

Community

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

Can you afford rent in Rye on your salary?

At $8,489/mo, how Rye rent compares to typical pay (30% rule).

By apartment size

Rye rent by bedroom count

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

Local insights

Tips for renters in Rye

About renting in Rye, NY

Last updated: July 20, 2026

The median rent in Rye is $8,489/mo as of July 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 42% 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.

FAQ

Frequently asked questions

Is Rye an affordable city for renters?

Rye is considered stretched for renters. At $8,489/mo, rent takes approximately 42% of the local median household income ($239,815/yr). The standard benchmark is 30%. Rye significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Rye?

To keep rent at or below 30% of gross income, you would need to earn at least $340,000/year (~$163/hour full-time) to afford the median rent of $8,489/mo in Rye. The local median household income is $239,815/yr, meaning the typical Rye household falls short of that threshold.

Is rent going up or down in Rye?

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

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

Rye is one of the pricier cities in New York for rent, ranking #3 out of 126 tracked cities at $8,489/mo.

Which nearby cities are cheaper to rent in than Rye?

Several nearby cities have lower median rents than Rye ($8,489/mo): Port Chester ($2,909/mo), Purchase ($3,903/mo), Mamaroneck ($4,144/mo).

What percentage of Rye residents rent vs. own?

According to Census data, approximately 29.6% of Rye households are renters, while 70.4% are owner-occupied. Rye leans toward homeownership, which can mean a smaller rental inventory.

How does Rye rent compare to the national average?

Rye's median rent of $8,489/mo is $6,524 (332%) above the US national median of $1,965/mo. Within New York, it ranks #3 out of 126 tracked cities.
Income Affordability
42%
STRETCHED

At $8,489/mo, rent takes ~42% of Rye's median household income ($239,815/yr). The standard benchmark is 30%.

Rye 42%Benchmark 30%
State income tax4–10.9%
Run the Rye affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Rye, NY

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