Affordable & Income-Based Housing in New Rochelle

Affordability

New Rochelle has a median asking rent of $1,917 per month and a median household income of $109,167 per year, with 46% of residents renting their homes, according to Census ACS 5-Year data (2024). The 8 HUD-assisted and LIHTC properties tracked by Lease Lantern represent an important source of below-market housing in a city where market-rate rents can be a significant burden for lower-income households.

Safety

According to FBI Crime Data Explorer, the New Rochelle Police Department reported a violent crime rate of 160 per 100,000 residents in 2024. Crime rates are not directly comparable across cities due to differences in how jurisdictions define and report offenses.

Getting Around New Rochelle

According to Walk Score, the area around assisted properties in New Rochelle rates 97 (Walker's Paradise), a Transit Score of 60 (Good Transit), and a Bike Score of 56. These scores reflect walkability, transit access, and bikeability near the listed properties.

Schools

According to NCES Common Core of Data, 10 public schools serve New Rochelle across 1 district, including 7 elementary, 2 middle, and 1 high school. Ratings vary by school, so renters should check the assigned schools for a specific address before applying.

Cost of Living in New Rochelle, NY

The median gross rent in New Rochelle is $1,917 per month and the median household income is $109,167 per year, according to Census ACS 5-Year estimates. Affordable and income-based housing in the city can offer significant savings compared to those market-rate figures.

• Median monthly rent: $1,917 (Census ACS 5-Year)
• Median household income: $109,167 per year (Census ACS 5-Year)
• Renter households: 46% of all households (Census ACS 5-Year)

Lease Lantern tracks 8 income-restricted properties with 871 total units in New Rochelle. Rents at these properties are based on household income and program limits, not the open market.

Environment & Flood Risk

All 8 affordable housing properties in New Rochelle have been mapped for flood risk. None of them fall in a high-risk flood zone, which is a reassuring finding for renters concerned about flood exposure.