Home prices
The price of the median home in New Rochelle is $575,300. This is approximately $212,380 (26%) lower compared to its nearby areas.It is approximately $357,800 (164%) higher in comparison to the country as a whole, and is about $30,700 (5%) lower in comparison to the city of New York.
Rents
The median rent in New Rochelle is $1,534 per month. Compared to other places in this area this is about $412 (21%) lower.It is approximately $472 (44%) higher in comparison to the rest of the nation, and compared to the city of New York is about $91 (6%) higher.
Nearby places
Pelham
Pelham is New Rochelle's neighbor to the southwest. Its real estate prices are a bit more expensive. The median home in Pelham costs $691,800, which is $116,500 (16%) higher than New Rochelle. Its rents are somewhat more expensive. The median monthly rent in Pelham is $1,817, which works out to $283 (15%) higher than New Rochelle.
Eastchester
Eastchester is New Rochelle's neighbor to the northwest. Housing prices there are similar. The median home value in Eastchester is $595,200, which is $19,900 (3%) higher than New Rochelle. Its rents are a bit more expensive. In Eastchester the median monthly rent is $1,889, which is $355 (18%) higher than New Rochelle.
Mount Vernon
Mount Vernon is New Rochelle's neighbor to the southwest. The real estate prices there are a lot less expensive. The median home value in Mount Vernon is $362,200, which is $213,100 (58%) lower than New Rochelle. Rents there are a little less expensive. In Mount Vernon the median monthly rent is $1,363, which comes out to $171 (12%) lower than New Rochelle.
Larchmont
Larchmont is approximately 1 mile east of New Rochelle. Housing prices there are substantially more expensive. Larchmont's median home price is $1,148,900, which works out to $573,600 (49%) higher than New Rochelle. Its rents are a bit more expensive. Larchmont's median monthly rent is $1,886, which works out to $352 (18%) higher than New Rochelle.
Bronxville
Bronxville is about 2 miles west of New Rochelle. The real estate prices there are a lot more expensive. The median home cost in Bronxville is $1,140,300, which comes out to $565,000 (49%) higher than New Rochelle. Rents there are a lot more expensive. Bronxville's median monthly rent is $2,773, which works out to $1,239 (44%) higher than New Rochelle.