Mortgage payment estimates, closing cost breakdowns, and homebuying data for Kingston, New York.
Median Home Price
$325K
Population
23K
Avg Monthly Rent
$1,420
Property Tax Rate
1.72% *
* Property tax shown is the New York state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Kingston.
Kingston vs New York Median
The median home price in Kingston is $325,000, which is 24% below the New York state median of $430,000.
Mortgage Calculator — Kingston, NY
Pre-filled with Kingston median home price and New York tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $325K home using New York's 1.72% tax rate and $2,100/yr insurance.
5% Down
$2,772/mo
Down: $16,250
Loan: $309K
P&I: $1,952
Tax: $466
Insurance: $175
PMI: $180
10% Down
$2,660/mo
Down: $32,500
Loan: $293K
P&I: $1,849
Tax: $466
Insurance: $175
PMI: $171
20% Down (No PMI)
$2,284/mo
Down: $65,000
Loan: $260K
P&I: $1,643
Tax: $466
Insurance: $175
Income needed (28% rule): $98K/year with 20% down, $114K/year with 10% down.
Rent vs Buy in Kingston
Rent
$1,420/mo
vs
Buy (10% down)
$2,660/mo
Price-to-rent ratio: 19.1 — A ratio between 15-20 means the rent vs buy decision in Kingston depends heavily on your timeline. If you plan to stay 5+ years, buying likely wins. For shorter stays, renting preserves flexibility.
The median home price in Kingston is $325,000, 24% below the New York state median of $430,000. With a population of 23,420, Kingston is a smaller market where home prices tend to be more accessible than in many parts of New York.
Property taxes in New York average 1.72% annually. This higher-than-average tax rate means a $325,000 home in Kingston would carry roughly $466/month in property taxes alone — plan accordingly. Homeowners insurance in New York runs approximately $2,100 per year. This is within the normal range nationally.
Average rent in Kingston is $1,420/month. The price-to-rent ratio in Kingston is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Kingston presents moderate affordability. The $325K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Kingston.