States › New York › Wappingers Falls

Is Wappingers Falls, NY expensive to live in?

OKRent takes 23 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,34823% lower than U.S. average
💵 Families earn per year (2026)$70,146about $5,846/month · 19% lower than U.S. average
🔑 House price$337,2001% higher than U.S. average

Rent is lower than in 66% of U.S. cities. A typical house costs about 4.8 years of household income. Most households rent (69%), so there are plenty of rental options.

How much money do I need?

To rent here comfortably, you should earn about $53,920 a year. That is $26 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 71 of 343 cities from cheapest to most expensive.

Wappingers Falls
$1,348
Medina
$935
Goshen
$3,809
Webster
$1,921
Washingtonville
$1,491
Lakeview
$3,265
Kaser
$1,480

How much do households earn in Wappingers Falls?

Under $25k
13.5%
$25k–50k
35.6%
$50k–100k
32.8%
$100k–150k
15.9%
$150k+
2.8%

Share of households by yearly income. 18.7% of households earn $100,000 or more.

Rent by apartment size in Wappingers Falls

SizeWappingers FallsU.S. average
Studio$1,299$1,338
1 bedroom$1,472$1,324
2 bedrooms$1,886$1,509
3 bedrooms$2,148$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Wappingers Falls 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 Wappingers Falls, so the New York figure is shown.

Taxes and bills in Wappingers Falls

🏛️ Property tax$4,951a year · 1.47% of home value · U.S. $3,119
⚡ Electric bill$150a month (typical) · U.S. $156

Life in Wappingers Falls

Commute to work23.7 minU.S.: 26.4 min
College degree23.3%U.S.: 35.7%
Own their home31.2%U.S.: 65.2%
Below poverty line3.8%U.S.: 12.5%
Unemployment7.4%U.S.: 5.2%

Is it cheaper to rent or buy in Wappingers Falls?

Renting is cheaper right now: about $992 a month less.

Renting
$1,348
Owning
$2,340

Owning assumes a typical $337,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $33,720 for the down payment.

Frequently asked questions

What is the average rent in Wappingers Falls, NY?

Renting in Wappingers Falls costs a median of about $1,348 a month in 2026, including utilities. The New York median is $2,177.

How much do I need to make to live in Wappingers Falls?

To keep rent under 30% of income, you need about $53,920 a year, or $26 an hour at a full-time job.

Is Wappingers Falls cheap or expensive?

Wappingers Falls is rated OK: rent takes 23.1% of the typical household income of $70,146. It ranks 71st cheapest of 343 New York cities we track.

How much are property taxes in Wappingers Falls?

The median homeowner in Wappingers Falls pays $4,951 a year in property taxes, about 1.47% of the median home value.

Is Wappingers Falls 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 Wappingers Falls?

The median home value in Wappingers Falls is $337,200, about 4.8 times the typical yearly household income.

5,761 people live in Wappingers Falls. Numbers are typical (middle) values.