City Analysis/Comparison

Utica vs Yonkers

Side-by-side rent vs buy analysis comparing these two markets

Overall Comparison

Utica has an edge

Utica shows stronger fundamentals for buying with a 4-year break-even point.

Utica, NY
BUY

69% confidence

Median Home PriceBETTER

$225,469.56

Median RentBETTER

$1,472.17/mo

Price-to-Rent RatioBETTER

12.8

Property Tax RateTIE

1.72%

Price Change (1Y)BETTER

+7.2%

Price Change (5Y)BETTER

+36.1%

Break-Even YearsBETTER

4 years

10-Year Wealth DifferenceBETTER

+$49,393

Yonkers, NY
RENT

100% confidence

Median Home Price

$824,578.55

Median Rent

$3,016.38/mo

Price-to-Rent Ratio

22.8

Property Tax RateTIE

1.72%

Price Change (1Y)

+3.7%

Price Change (5Y)

+18.3%

Break-Even Years

N/A

10-Year Wealth Difference

$528,335

Key Differences

Home Prices

Utica's median home price of $225,469.56 is lower than Yonkers's $824,578.55 by 73%.

Monthly Rent

Renting in Utica costs $1,472.17/mo compared to $3,016.38/mo in Yonkers—a difference of $1,544.21/mo.

Buy vs Rent Verdict

Utica favors buying, while Yonkers favors renting.

Break-Even Timeline

Break-even analysis varies based on market conditions in each city.

Run Your Own Numbers

This comparison uses median values. Your income, savings, and goals matter. Use our Buy vs Rent calculator to get a personalized analysis.

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