Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $37,400 a year. That is $18 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 8 of 343 cities from cheapest to most expensive.
How much do households earn in Medina?
Share of households by yearly income. 13.8% of households earn $100,000 or more.
Rent by apartment size in Medina
| Size | Medina | U.S. average |
|---|---|---|
| 1 bedroom | $685 | $1,324 |
| 2 bedrooms | $956 | $1,509 |
| 3 bedrooms | $1,100 | $1,698 |
| 4 bedrooms | $1,528 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Medina 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 Medina, so the New York figure is shown.
Taxes and bills in Medina
Life in Medina
Is it cheaper to rent or buy in Medina?
Buying is cheaper month to month: about $191 a month less than renting.
Owning assumes a typical $107,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $10,720 for the down payment.
Frequently asked questions
What is the average rent in Medina, NY?
Renting in Medina costs a median of about $935 a month in 2026, including utilities. The New York median is $2,177.
How much do I need to make to live in Medina?
To keep rent under 30% of income, you need about $37,400 a year, or $18 an hour at a full-time job.
Is Medina cheap or expensive?
Medina is rated Cheap: rent takes 17.6% of the typical household income of $63,881. It ranks 8th cheapest of 343 New York cities we track.
How much are property taxes in Medina?
The median homeowner in Medina pays $3,928 a year in property taxes, about 3.66% of the median home value.
Is Medina 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 Medina?
The median home value in Medina is $107,200, about 1.7 times the typical yearly household income.
5,770 people live in Medina. Numbers are typical (middle) values.