Rochester

New York · Ranked #6 of 102 metros

72Affordable

Median Home Price

🏠

$195K

Need $56K income

Median Rent

🔑

$1K

Need $42K income

Housing Shortage

📉

8,000

units needed

Building Permits

🔨

3,000

annual

Median Income

💰

$59K

Pop: 1,090,135

Rent Burden

⚠️

30.5%

of renters paying >30%

Price Change (YoY)

📈

+7%

Homeownership

🏡

64.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricRochesterNational
Price-to-Income Ratio3.3x6.1x
Rent Burden30.5%31.5%
Homeownership Rate64.0%65.5%
YoY Price Change+7%+3.5%
YoY Rent Change+5.5%+2.8%
Mortgage Denial Rate14.0%13.5%
Eviction Rate4.2%3.6%