Housing affordability · NY · 2024

Suffolk Housing Affordability

Moderate — Getting pricey

54th most affordable of 62 New York counties · price-to-income ratio

Median Home Value
$578,400
↑36% vs NY · ↑217% vs US
Price-to-Income Ratio
4.4×
↓10% vs NY · ↑47% vs US
Median Monthly Rent
$2,255
↑39% vs NY · ↑159% vs US
Renter Cost Burden
54%
↑10% vs NY · ↑44% vs US
Analysis · NY

Suffolk at a glance

Suffolk shows a counter-intuitive pattern: home prices relative to income (4.4×) are below the New York state median, yet a higher-than-average share of renters face cost burden — typically reflecting a concentration of lower-income households in the local rental market.

At Suffolk's median household income of $130,686, a renter paying the median monthly rent of $2,255 would commit 21% of gross annual income to housing — below the 30% threshold widely used to define cost burden.

For owner-occupied households, 24% spend more than 30% of their income on housing costs — the standard definition of owner cost burden.

Suffolk FAQ

What is the median home price in Suffolk?

The median home value in Suffolk, NY is $578,400 (2024 ACS 5-year estimate). This is 36% above the New York state median of $423,800.

Is Suffolk an affordable place to buy a home?

Suffolk is rated Moderate on the USInsights affordability scale. The price-to-income ratio is 4.4×, meaning the median home costs roughly 4.4 years of median household income ($130,686). 3.5×–5.0× indicates moderate pressure.

What is the average rent in Suffolk?

The median gross rent in Suffolk is $2,255 per month (2024 ACS 5-year estimate). 54% of renters spend more than 30% of their income on housing. The New York state median is $1,621.

Explore Suffolk on the map

See census-tract detail, compare neighbouring counties, and filter by metric across all of New York.

Open on the map
Source: US Census Bureau ACS 5-Year Estimates 2024 (2020–2024 survey period). Price-to-income ratio = median home value ÷ median household income. Full New York methodology →