Bronx County, New York Housing Market

In Bronx County, New York, the median home value is $529,500, with a median monthly rent of $1,458. This places Bronx County at #116 nationally out of 3134 counties by median home value, and #9 within New York.

Median Home Value $529,500
Median Rent $1,458/mo
Owner Occupancy 20.1%
Price/Rent Ratio 30.3

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Bronx County rose +6.6% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

276,841
jobs (private sector)
  • Avg weekly wage: $1,257
  • Establishments: 19,246
  • BLS QCEW, 2025
🏗️

Housing Supply

6,032
new units authorized (2025)
  • Single-family: 4
  • Multi-family: 6,028
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

-18356
net migration (filers, 2021-2022)
  • Inflow: 561,438 (avg $48,281)
  • Outflow: 579,794 (avg $48,913)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Bronx County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 10471 306.4 +34.87% 2025
2 10463 437.1 +23.40% 2025
3 10550 267.7 +5.79% 2025
4 10470 326.6 +15.67% 2025
5 10464 270.8 +4.46% 2025
6 10462 319.3 — 2025
7 10467 379.7 — 2025
8 10473 389.6 +7.52% 2025
9 10803 273.0 +4.95% 2025
10 10466 332.5 +4.38% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Bronx County Compares

MetricBronx CountyNew York AverageU.S. Average
Median Home Value $529,500 $281,200 $227,706
Median Gross Rent $1,458 $1,168 $968
Owner Occupancy Rate 20.1% 69.3% 73.3%
Price/Rent Ratio 30.3 18.4 18.7

Market Analysis

The median home value in Bronx County is 88.3% above the New York state average and 132.5% above the U.S. national average. The median rent of $1,458/month is 24.8% above the state average.

With a price-to-rent ratio of 30.3, Bronx County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Bronx County has an owner-occupancy rate of 20.1%, compared to 69.3% in New York and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Skamania County Washington $529,500 $1,068
Union County New Jersey $529,200 $1,730
Prince William County Virginia $530,100 $2,067
San Joaquin County California $530,700 $1,734
Garfield County Colorado $527,800 $1,637

Other Counties in New York

CountyMedian Home ValueMedian RentOwner Occ.
Suffolk County $578,400 $2,255 82.2%
Putnam County $471,300 $1,775 83.8%
Rockland County $596,900 $1,901 67.9%
Dutchess County $400,600 $1,582 69.2%
Westchester County $663,200 $1,951 61.8%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).