Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroomSaved on this device

Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroom

Rochester, NY

Housing in Rochester, NY: Rent, Home Prices & Property Tax

$1,208/mo (1 bd) in Rochester. Median home $190,100. Property tax 2.40%.

Compare vs Chicago Rank metros from RochesterHow we figure this

Rent (1 bd): $1,208; /mo
Buy: $1,516; Mortgage, tax, insurance
Buying costs more: $308; /mo

State tax and rent

To buy

20% down payment$38,020
Mortgage at 6.5%$961
Property tax (2.40% of value)$380/mo · $4,562/yr
Insurance and upkeep$174
Monthly total$1,516

47.2% of renters spend 30% or more of income on rent. Census ACS 2023.

Months to 20% down

$2,532 left each month. About 16 months (1.3 years) to save $38,020.

Asking rent. Census median home price. 30-year fixed, 6.5%, 20% down. Not lending advice.

Moving from Rochester

Rochester → New York · $1,284 less

Compare Rochester