Bedroom count
Property type
Last updated on November 4, 2026
Last updated on November 4, 2026
Bedroom count
Property type
New York, NY rent rose 5.8% year over year, with a current median of $4,690/month. Renters today are paying $255 more per month on average than last year, with rent matching the city's peak level from October 2026.
New York, NY rents are 146.8% more expensive than the $1,900/month national median. This places New York among higher-cost metros for renters.
Studios in New York rent for about $3,889/month, 1-bedrooms at $4,750/month, 2-bedrooms at $5,500/month, and 3-bedrooms at $5,800/month. The 4+ bedroom segment rents at $3,996/month, which is lower than some smaller units.
The 4+ bedroom segment in New York, NY saw rents decline 30.5% year over year, diverging from the citywide rise. This contrasts with the overall market trend of increasing rents.
Median rent in New York
$4,690/mo
vs previous year
The average rent in New York is $4,690 per month as of October 2026. This is 147% above the national average rent, or $2,790 more per month.
average price per square foot
Available rentals in New York
9,793
for rent on Zumper.com as of October 2026
Share of New York rentals at each price point
Average rent prices in New York have increased by 1% over the last month and have increased by 6% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in New York vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in New York is $4,795, whereas a house costs $4,500. 1-bedroom apartments in New York run $4,800 on average, while 2-bedroom apartments are $5,495.
Listings | ||||
|---|---|---|---|---|
Studio | $3,889 | 1% | 3% | |
1 bedroom | $4,750 | 2% | 12% | |
2 bedroom | $5,500 | 1% | 10% | |
3 bedroom | $5,800 | No Change | 2% | |
4 bedroom | $3,996 | 6% | 31% |
Listings | ||
|---|---|---|
Chelsea | $6,277 | |
Downtown Brooklyn | $4,634 | |
East Harlem | $3,200 | |
East Village | $6,496 | |
Financial District | $4,600 | |
Hell's Kitchen | $5,125 | |
Long Island City | $4,512 | |
Midtown East | $6,175 | |
Upper East Side | $5,415 | |
Upper West Side | $5,495 |
Listings | ||||
|---|---|---|---|---|
Apartments | $4,795 | 1% | 7% | |
Condos | $5,000 | No Change | 11% | |
Houses | $4,500 | 5% | 45% | |
Rooms | $1,700 | No Change | 13% |
Studio
Average rent
$3,889
Last 30 days
1%
Last year
3%
1 bedroom
Average rent
$4,750
Last 30 days
2%
Last year
12%
2 bedroom
Average rent
$5,500
Last 30 days
1%
Last year
10%
3 bedroom
Average rent
$5,800
Last year
2%
4 bedroom
Average rent
$3,996
Last 30 days
6%
Last year
31%
Financial District
Average rent
$4,600
East Village
Average rent
$6,496
Upper West Side
Average rent
$5,495
Chelsea
Average rent
$6,277
Hell's Kitchen
Average rent
$5,125
Upper East Side
Average rent
$5,415
Midtown East
Average rent
$6,175
Long Island City
Average rent
$4,512
Downtown Brooklyn
Average rent
$4,634
East Harlem
Average rent
$3,200
Apartments
Average rent
$4,795
Last 30 days
1%
Last year
7%
Condos
Average rent
$5,000
Last year
11%
Houses
Average rent
$4,500
Last 30 days
5%
Last year
45%
Rooms
Average rent
$1,700
Last year
13%
The table above reflects average rent prices in New York, NY, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
Compare median rent prices in New York and Bayonne by all bedroom counts and property types.
New York
higher than the national median
higher than the national median
Takeaway
The median rent for all rentals in New York, NY is 108% higher than the median rent in Bayonne, NJ.
Explore rent trends in neighboring markets
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Quick answers to common questions about the New York rental market.
The average rent in New York is $4,690 per month as of October 31, 2026.
Average rent prices in New York have increased by 1% over the last month and have increased by 6% since last year.
Rent in New York is 147% above the national average, which means renters are paying approximately $2,790 more per month.
The most affordable neighborhoods in New York are East Harlem ($3,200/mo), Long Island City ($4,512/mo), and Financial District ($4,600/mo).
To comfortably afford rent in New York, you'd need to earn approximately $188,000/year, based on spending no more than 30% of your income on rent.
January offers the best rental deals in New York, with rents running about 10% lower than September's peak prices. December is also favorable with the lowest competition between renters, while July sees the highest demand.
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).
For additional insights into rental trends, including month-over-month changes and historical comparisons, see Zumper's Monthly Metro Report.
The Zumper New York Metro Area Report analyzed active listings last month across metro cities to show the most and least expensive cities and cities with the fastest growing rents. The New York one bedroom median rent was $2,652 last month.

The Most Expensive
The Least Expensive

The Fastest Growing (Y/Y%)
The Fastest Growing (M/M%)

About
The Zumper New York Metro Area Report analyzed active listings that hit the market last month. Listings are aggregated by city to calculate median asking rents.
Crystal Chen is a seasoned real estate and housing market expert with more than a decade of experience analyzing rental trends, housing affordability, and urban living. At Zumper, she leads data storytelling as well as press and media relations, where she translates complex housing research into easily digestible insights for renters, industry professionals, and journalists. Her reports can be seen cited in national outlets like The New York Times, The Wall Street Journal, and CNBC. She is passionate about helping renters navigate today’s evolving housing landscape with clarity and confidence. Living in New York City herself, she knows firsthand the chaos and challenges of navigating a competitive rental market.