salaryRent here is among the highest 10% in the country. Household incomes are higher than in 97% of U.S. cities. A typical house costs about 4.6 years of household income. Commutes are long, about 37.6 minutes each way. It is a highly educated city: 71.6% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $140,040 a year. That is $67 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 325 of 343 cities from cheapest to most expensive.
How much do households earn in Pelham?
Share of households by yearly income. 66.7% of households earn $100,000 or more.
Rent by apartment size in Pelham
| Size | Pelham | U.S. average |
|---|---|---|
| 1 bedroom | $2,071 | $1,324 |
| 2 bedrooms | $2,582 | $1,509 |
| 3 bedrooms | $3,500+ | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Pelham 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 Pelham, so the New York figure is shown.
Taxes and bills in Pelham
Life in Pelham
Is it cheaper to rent or buy in Pelham?
Renting is cheaper right now: about $2,853 a month less.
Owning assumes a typical $915,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $91,580 for the down payment.
Frequently asked questions
What is the average rent in Pelham, NY?
Renting in Pelham costs a median of about $3,500+ a month in 2026, including utilities. The New York median is $2,177.
How much do I need to make to live in Pelham?
To keep rent under 30% of income, you need about $140,040 a year, or $67 an hour at a full-time job.
Is Pelham cheap or expensive?
Pelham is rated OK: rent takes 21.1% of the typical household income of $198,848. It ranks 325th cheapest of 343 New York cities we track.
How much are property taxes in Pelham?
The median homeowner in Pelham pays $10,000+ a year in property taxes, about 1.09% of the median home value.
Is Pelham 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?
The median home value in Pelham is $915,800, about 4.6 times the typical yearly household income.
7,305 people live in Pelham. Numbers are typical (middle) values.