States › New York › Pelham Manor

Is Pelham Manor, NY expensive to live in?

CheapRent takes 14 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,98570% higher than U.S. average
💵 Families earn per year (2026)$250,000+about $20,833/month · 187% higher than U.S. average
🔑 House price$1,093,300229% higher than U.S. average

Rent here is among the highest 10% in the country. Household incomes are higher than in 99% of U.S. cities. A typical house costs about 4.4 years of household income. Commutes are long, about 39.4 minutes each way. Most homes (92.2%) are owned, so rentals can be hard to find. It is a highly educated city: 79.6% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $119,400 a year. That is $57 an hour at a full-time job.

Is rent cheaper than other New York cities?

No. Rent here is more expensive than in most of New York. It is number 281 of 343 cities from cheapest to most expensive.

Pelham Manor
$2,985
$1,579
$2,017
$1,480

How much do households earn in Pelham Manor?

Under $25k
1.9%
$25k–50k
4.7%
$50k–100k
12.3%
$100k–150k
12.0%
$150k+
68.0%

Share of households by yearly income. 80.0% of households earn $100,000 or more.

How expensive is Pelham Manor overall?

Everyday prices in New York overall are 8% above the U.S. average (index 107.9, U.S. = 100).

Housing
122
Goods (food, clothes…)
107
Utilities
134
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Pelham Manor, so the New York figure is shown.

Taxes and bills in Pelham Manor

🏛️ Property tax$10,000+a year · 0.91% of home value · U.S. $3,119
⚡ Electric bill$264a month (typical) · U.S. $156

Life in Pelham Manor

Commute to work39.4 minU.S.: 26.4 min
College degree79.6%U.S.: 35.7%
Own their home92.2%U.S.: 65.2%
Below poverty line2.5%U.S.: 12.5%
Unemployment5.2%U.S.: 5.2%

Is it cheaper to rent or buy in Pelham Manor?

Renting is cheaper right now: about $4,601 a month less.

Renting
$2,985
Owning
$7,586

Owning assumes a typical $1,093,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $109,330 for the down payment.

Frequently asked questions

What is the average rent in Pelham Manor, NY?

Renting in Pelham Manor costs a median of about $2,985 a month in 2026, including utilities. The New York median is $2,177.

How much do I need to make to live in Pelham Manor?

To keep rent under 30% of income, you need about $119,400 a year, or $57 an hour at a full-time job.

Is Pelham Manor cheap or expensive?

Pelham Manor is rated Cheap: rent takes 14.3% of the typical household income of $250,000+. It ranks 281st cheapest of 343 New York cities we track.

How much are property taxes in Pelham Manor?

The median homeowner in Pelham Manor pays $10,000+ a year in property taxes, about 0.91% of the median home value.

Is Pelham Manor 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 Pelham Manor?

The median home value in Pelham Manor is $1,093,300, about 4.4 times the typical yearly household income.

5,644 people live in Pelham Manor. Numbers are typical (middle) values.