The Overlook at Untermyer Gardens in Yonkers

Living here

Cost of living in Yonkers

Housing is more expensive than the US average. Rents, home prices, taxes and how far a paycheck goes.

Median rent

$1,730/mo

28% above US

Median home value

$478,000

58% above US

Median household income

$81,816

4% above US

Rent as share of income

25%

US 21%

Home price to income

5.8×

US 3.9×

Sales tax

8.875%

Rent by number of bedrooms

Studio$2,593a month
1 bedroom$2,729a month
2 bedrooms$2,971a month
3 bedrooms$3,760a month
4 bedrooms$4,121a month

HUD 2027 fair market rents for New York, NY HUD Metro FMR Area (gross rent including utilities, near the 40th percentile of local rents). Source: HUD USER.

How Yonkers compares

Median monthly rent
Median home value

Taxes

Compare with nearby cities

Life in Yonkers

Yonkers NY Plashbourne Estate
YonkersNY PlashbourneEstateMagicpiano · CC BY-SA 4.0
L.L.Bean Yonkers NY
L.L.Bean Yonkers NY January 2013Anthony22 · CC BY-SA 3.0
Yonkers NY Leffingwell Batcheller House
YonkersNY LeffingwellBatchellerHouseMagicpiano · CC BY-SA 4.0

Questions

Is Yonkers expensive to live in?

Housing in Yonkers is more expensive than the national average: median rent is $1,730 (28% above US) and the median home value is $478,000 (58% above US).

How much is rent in Yonkers?

The median gross rent is $1,730 a month. HUD’s 2027 fair market rents for the area are studio $2,593, 1 bedroom $2,729, 2 bedrooms $2,971, 3 bedrooms $3,760, 4 bedrooms $4,121.

How much of their income do renters spend in Yonkers?

At the median, a year’s rent ($20,760) equals about 25% of the median household income ($81,816); nationally it’s about 21%.

What are taxes like in Yonkers?

Sales tax is 8.875% and property taxes run about 1.97% of home value a year.

Sources: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates; HUD fair market rents; NYS Dept. of Taxation and Finance, Publication 718 (2/25), Sales and Use Tax Rates by Jurisdiction, effective March 1, 2025.

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