Mortgage Calculator & Closing Costs: Plattsburgh, NY
Mortgage payment estimates, closing cost breakdowns, and homebuying data for Plattsburgh, New York.
Median Home Price
$245K
Population
20K
Avg Monthly Rent
$1,120
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 Plattsburgh.
Plattsburgh vs New York Median
The median home price in Plattsburgh is $245,000, which is 43% below the New York state median of $430,000.
Mortgage Calculator — Plattsburgh, NY
Pre-filled with Plattsburgh median home price and New York tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $245K home using New York's 1.72% tax rate and $2,100/yr insurance.
5% Down
$2,133/mo
Down: $12,250
Loan: $233K
P&I: $1,471
Tax: $351
Insurance: $175
PMI: $136
10% Down
$2,049/mo
Down: $24,500
Loan: $221K
P&I: $1,394
Tax: $351
Insurance: $175
PMI: $129
20% Down (No PMI)
$1,765/mo
Down: $49,000
Loan: $196K
P&I: $1,239
Tax: $351
Insurance: $175
Income needed (28% rule): $76K/year with 20% down, $88K/year with 10% down.
Rent vs Buy in Plattsburgh
Rent
$1,120/mo
vs
Buy (10% down)
$2,049/mo
Price-to-rent ratio: 18.2 — A ratio between 15-20 means the rent vs buy decision in Plattsburgh 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 Plattsburgh is $245,000, 43% below the New York state median of $430,000. With a population of 19,989, Plattsburgh 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 $245,000 home in Plattsburgh would carry roughly $351/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 Plattsburgh is $1,120/month. The price-to-rent ratio in Plattsburgh is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Plattsburgh offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with New York's SONYMA Achieving the Dream program.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Plattsburgh.