How much rent can you afford in Rye, NY?
Run your salary against Rye's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Rye
At a median rent of $8,489/mo, Rye is stretched for most renters when measured against Rye median household income of $239,815/yr. Rent would consume roughly 42% of pre-tax income, and a salary of about $339,560 keeps rent at the recommended 30% threshold.
How Rye compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Rye?
On a $239,815 salary (the Rye median household income), the recommended ceiling is 30% of pre-tax income, or about $5,995/mo. Rye's median rent is $8,489/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Rye?
To keep Rye's $8,489/mo median rent under 30% of income, you'd need about $339,560/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Rye affordable on the median New York income?
Rye is stretched for most renters on a $239,815 income. Rent would take 42% of pre-tax pay, outside the recommended 30% threshold.
What's the 30% rent rule?
The 30% rule is a long-standing budgeting guideline that keeps rent at or below 30% of gross (pre-tax) income. It leaves enough room for utilities, transit, savings, and debt service. In high-cost markets, many renters exceed 30%, and the Census Bureau classifies households paying more than 30% of income on rent as "cost-burdened".