How much house can I afford on $300,000 in New York?
About $990,000 with 20% down ($801,000 with an FHA loan), using New York's 1.42% property tax rate.
That is $465,383 more than the typical New York home ($524,942), so a $300,000 salary can buy a typical home here. The payment of $7,000 covers $5,330 principal and interest, $1,175 property tax and $495 insurance.
Counties in New York you can afford on $300,000
61 of 62 counties have a typical home value at or below $990,000. The 25 priciest of them:
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Kings County | $962,988 | +5.3% | 0.71% |
| Westchester County | $877,732 | +7.8% | 1.51% |
| Nassau County | $851,504 | +5.8% | 1.46% |
| Rockland County | $758,178 | +5.2% | 1.68% |
| Queens County | $745,223 | +4.8% | 0.87% |
| Suffolk County | $729,701 | +4.0% | 1.73% |
| Richmond County | $724,119 | +5.2% | 0.92% |
| Putnam County | $575,184 | +5.5% | 2.12% |
| Dutchess County | $504,887 | +5.7% | 1.89% |
| Bronx County | $503,721 | +5.8% | 1.03% |
| Columbia County | $489,917 | +5.6% | 1.4% |
| Saratoga County | $468,194 | +5.5% | 1.4% |
| Orange County | $467,501 | +3.5% | 2.19% |
| Ulster County | $451,636 | +3.6% | 1.77% |
| Warren County | $380,651 | +5.7% | 1.47% |
| Albany County | $372,401 | +4.1% | 1.77% |
| Greene County | $368,122 | +3.7% | 1.49% |
| Tompkins County | $350,432 | +3.5% | 2.24% |
| Rensselaer County | $327,950 | +5.8% | 2.05% |
| Yates County | $325,604 | +5.1% | 1.88% |
| Sullivan County | $323,717 | +4.8% | 2% |
| Ontario County | $323,653 | +5.8% | 2.05% |
| Schenectady County | $312,933 | +5.2% | 2.36% |
| Erie County | $295,625 | +3.4% | 1.98% |
| Essex County | $292,915 | +6.8% | 1.47% |
Affordable metro areas
Assumes a 30-year fixed loan at 7.11%, property tax of 1.42% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Other salaries in New York
Frequently asked questions
How much house can I afford on $300,000 in New York?
About $990,000 with 20% down at 7.11%, keeping the payment (with New York's 1.42% property tax and insurance) under $7,000 a month.
Is $300,000 enough to buy a house in New York?
Yes: the typical New York home is worth $524,942 (Zillow, September 2026) and $300,000 supports about $990,000. 61 of 62 counties are within budget.