How much rent can you afford in Southampton, NY?
Run your salary against Southampton's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Southampton
At a median rent of $42,218/mo, Southampton is expensive when measured against Southampton median household income of $214,032/yr. Rent would consume roughly 237% of pre-tax income, and a salary of about $1,688,720 keeps rent at the recommended 30% threshold.
How Southampton compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Southampton?
On a $214,032 salary (the Southampton median household income), the recommended ceiling is 30% of pre-tax income, or about $5,351/mo. Southampton's median rent is $42,218/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Southampton?
To keep Southampton's $42,218/mo median rent under 30% of income, you'd need about $1,688,720/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Southampton affordable on the median New York income?
Southampton is expensive on a $214,032 income. Rent would take 237% 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".