salaryRent is lower than in 79% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 19 minutes. Most homes (76.3%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $46,120 a year. That is $22 an hour at a full-time job.
Is rent cheaper than other New York cities?
Yes. Rent here is cheaper than in most of New York. It is number 33 of 343 cities from cheapest to most expensive.
How much do households earn in Depew?
Share of households by yearly income. 24.9% of households earn $100,000 or more.
Rent by apartment size in Depew
| Size | Depew | U.S. average |
|---|---|---|
| 1 bedroom | $1,005 | $1,324 |
| 2 bedrooms | $1,177 | $1,509 |
| 3 bedrooms | $1,413 | $1,698 |
| 4 bedrooms | $1,997 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Depew overall?
Everyday prices in New York overall are 8% above the U.S. average (index 107.9, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Depew, so the New York figure is shown.
Taxes and bills in Depew
Life in Depew
Is it cheaper to rent or buy in Depew?
Renting is cheaper right now: about $210 a month less.
Owning assumes a typical $196,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $19,650 for the down payment.
Frequently asked questions
What is the average rent in Depew, NY?
Renting in Depew costs a median of about $1,153 a month in 2026, including utilities. The New York median is $2,177.
How much do I need to make to live in Depew?
To keep rent under 30% of income, you need about $46,120 a year, or $22 an hour at a full-time job.
Is Depew cheap or expensive?
Depew is rated Cheap: rent takes 17.4% of the typical household income of $79,330. It ranks 33rd cheapest of 343 New York cities we track.
How much are property taxes in Depew?
The median homeowner in Depew pays $5,458 a year in property taxes, about 2.78% of the median home value.
Is Depew more expensive than the national average?
Overall prices in New York are 8% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Depew?
The median home value in Depew is $196,500, about 2.5 times the typical yearly household income.
15,000 people live in Depew. Numbers are typical (middle) values.