Bedroom count
Property type
Last updated on May 19, 2026
Last updated on May 19, 2026
Bedroom count
Property type
New York, NY rent is essentially flat year over year, with a current median of $4,500/month. Month-to-month rent is unchanged, maintaining a stable rental market compared to last year.
New York rents run roughly 2.3× the $1,949/month national median, placing it among the priciest major metros. The market offers 9,936 total rentals, showing a large and diverse inventory.
Studios in New York rent for about $3,850/month, 1-bedrooms around $4,600/month, and 2-bedrooms near $5,400/month. The 4+ bedroom segment is an outlier at $2,190/month, which differs from the other bedroom tiers.
Ridgewood rents fell 48.0% year over year to $1,560/month across 67 rentals, a notable cooldown compared to the broadly flat citywide trend. This neighborhood's decline stands out amid generally stable rents in New York.
Median rent in New York
$4,500/mo
vs previous year
The average rent in New York is $4,500 per month as of May 2026. This is 131% above the national average rent, or $2,551 more per month.
average price per square foot
Available rentals in New York
9,936
for rent on Zumper.com as of May 2026
Share of New York rentals at each price point
Average rent prices in New York have remained the same over the last month and have decreased by 2% 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 $3,569. 1-bedroom apartments in New York run $4,750 on average, while 2-bedroom apartments are $5,495.
Listings | ||||
|---|---|---|---|---|
Studio | $3,850 | 1% | 2% | |
1 bedroom | $4,600 | 1% | 3% | |
2 bedroom | $5,400 | 1% | 2% | |
3 bedroom | $5,100 | 2% | 4% | |
4 bedroom | $2,190 | 7% | 24% |
Listings | ||
|---|---|---|
Bedford Stuyvesant | $1,850 | |
Chelsea | $6,083 | |
East Village | $6,050 | |
Financial District | $4,559 | |
Hell's Kitchen | $4,925 | |
Long Island City | $4,385 | |
Midtown East | $5,942 | |
Upper East Side | $5,100 | |
Upper West Side | $5,036 | |
Williamsburg | $4,225 |
Listings | ||||
|---|---|---|---|---|
Apartments | $4,795 | 1% | No Change | |
Condos | $4,690 | 2% | No Change | |
Houses | $3,569 | 3% | No Change | |
Rooms | $1,630 | No Change | No Change |
Studio
Average rent
$3,850
Last 30 days
1%
Last year
2%
1 bedroom
Average rent
$4,600
Last 30 days
1%
Last year
3%
2 bedroom
Average rent
$5,400
Last 30 days
1%
Last year
2%
3 bedroom
Average rent
$5,100
Last 30 days
2%
Last year
4%
4 bedroom
Average rent
$2,190
Last 30 days
7%
Last year
24%
Financial District
Average rent
$4,559
East Village
Average rent
$6,050
Upper West Side
Average rent
$5,036
Hell's Kitchen
Average rent
$4,925
Chelsea
Average rent
$6,083
Upper East Side
Average rent
$5,100
Midtown East
Average rent
$5,942
Williamsburg
Average rent
$4,225
Bedford Stuyvesant
Average rent
$1,850
Long Island City
Average rent
$4,385
Apartments
Average rent
$4,795
Last 30 days
1%
Condos
Average rent
$4,690
Last 30 days
2%
Houses
Average rent
$3,569
Last 30 days
3%
Rooms
Average rent
$1,630
Last 30 days
No Change
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 105% 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 $4,500 per month as of May 16, 2026.
Average rent prices in New York have remained the same over the last month and have decreased by 2% since last year.
Rent in New York is 131% above the national average, which means renters are paying approximately $2,551 more per month.
The most affordable neighborhoods in New York are Bedford Stuyvesant ($1,850/mo), Williamsburg ($4,225/mo), and Long Island City ($4,385/mo).
To comfortably afford rent in New York, you'd need to earn approximately $180,000/year, based on spending no more than 30% of your income on rent.
New York's 2025 rental market shows one-bedroom apartments averaging around $4,600 per month, while two-bedroom units command around $5,500 per month. These figures represent the current pricing across the nation's largest rental market, with two-bedroom apartments experiencing the steepest annual increases.
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 $2,512 last month.

The Most Expensive
The Least Expensive

The Largest Decline (Y/Y%)
The Largest Decline (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.