Rochester
New York · Ranked #215 of 373 metros
72Affordable
💡
Housing in Rochester costs 3.63× the median income, below the national average of 4.5×. The median home price is $309K and median rent is $1,271/month. Rochester ranks #215 of 373 metros for affordability.
Median Home Price
🏠$309K
Need $56K income
Median Rent
🔑$1,271
Need $42K income
Housing Shortage
📉8,000
units needed
Building Permits
🔨1,801
annual
Median Income
💰$85K
Pop: 1,090,135
Rent Burden
⚠️30.5%
of renters paying >30%
Price Change (YoY)
📈+7%
Homeownership
🏡75.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Rochester | National |
|---|---|---|
| Price-to-Income Ratio | 3.63x | 6.1x |
| Rent Burden | 30.5% | 31.5% |
| Homeownership Rate | 75.0% | 65.5% |
| YoY Price Change | +7% | +3.5% |
| YoY Rent Change | +5.5% | +2.8% |
| Mortgage Denial Rate | 14.0% | 13.5% |
| Eviction Rate | 4.2% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +79.6%Since 2000: +177.2%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,116/mo
1 Bedroom$1,256/mo
2 Bedroom$1,573/mo
3 Bedroom$1,895/mo
4 Bedroom$2,083/mo
Zillow Market Data
Home Value (ZHVI)
$265K
1yr: +3.2%5yr: +47.4%
Rent (ZORI)
$1,500/mo
1yr: +3.7%5yr: +36.1%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$249K
Active Inventory
486
Days on Market
15
Sold Above List
60.1%
Price Drops
12.8%