Last updated on July 3, 2026

Average rent in
New York, NY

Key takeaways for renters

  • Where New York, NY rent stands today

    New York, NY rent slipped 1.6% year over year, with a current median of $4,500/month. Renters today are paying $88 less per month on average than last year, though month-to-month rent increased by 1.0%.

  • Vs. national rents

    New York runs roughly 2.3× the $1,950/month national median, placing it among the priciest major metros in the country with 10,040 total rentals available.

  • Rent ranges by bedroom

    Studios in New York rent for $3,820/month, 1-bedrooms for $4,563/month, and 2- and 3-bedrooms for $5,495/month. The 4+ bedroom segment is an outlier at $2,190/month, showing a different market dynamic.

  • Neighborhood spotlight

    Ridgewood rents fell 51.6% year over year to $1,450/month across 55 rentals, while Little Italy rose 54.0% to $7,995/month. These extremes contrast with the citywide decline of 1.6%, showing sharp local divergence.

Median rent

Median rent in New York

$4,500/mo

decreased by2%

vs previous year

The average rent in New York is $4,500 per month as of June 2026. This is 131% above the national average rent, or $2,550 more per month.

$10.24

average price per square foot

Total rentals

Available rentals in New York

10,040

for rent on Zumper.com as of June 2026

Rent price distribution

Share of New York rentals at each price point

30%23%15%8%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in New York, NY

Average rent prices in New York have increased by 1% over the last month and have decreased by 2% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in New York, NY

Rent prices in New York vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in New York is $4,750, whereas a house costs $3,500. 1-bedroom apartments in New York run $4,700 on average, while 2-bedroom apartments are $5,495.

Listings

Studio

$3,820

1%

4%

1 bedroom

$4,563

No Change

5%

2 bedroom

$5,495

1%

3%

3 bedroom

$5,495

7%

2%

4 bedroom

$2,190

18%

19%

Studio

Average rent

$3,820

Last 30 days

1%

Last year

4%

1 bedroom

Average rent

$4,563

Last 30 days

No Change

Last year

5%

2 bedroom

Average rent

$5,495

Last 30 days

1%

Last year

3%

3 bedroom

Average rent

$5,495

Last 30 days

7%

Last year

2%

4 bedroom

Average rent

$2,190

Last 30 days

18%

Last year

19%

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.

How does rent in New York, NY compare to other cities?

Compare median rent prices in New York and Bayonne by all bedroom counts and property types.

New York

Median rent price$4,500
increased by131%

higher than the national median

Median rent price$2,300
increased by18%

higher than the national median

Takeaway

The median rent for all rentals in New York, NY is 96% higher than the median rent in Bayonne, NJ.

Discover rentals in New York, NY

535 East 29th Street #2.1 - Photo 1 of 1

11h ago

Flatbush townhouse for rent in New York

House for rent

Available Aug 1

17227 Henley Road - Photo 1 of 1

3d ago

8.8

Very good

17227 Henley Road

17227 Henley Rd, New York, NY 11432

1 bed

1 bath

$700

Apartment for rent

574 Crescent St - Photo 1 of 1

5d+ ago

East New York house for rent in New York

SINGLE_FAMILY - BROOKLYN, NY

574 Crescent St, New York, NY 11208

Studio

0 baths

$900

House for rent

3411 Irwin Ave - Photo 1 of 1

2d ago

Kingsbridge apartment for rent in New York

$1000 Private Bedroom Fully Furnished !

3411 Irwin Ave, New York, NY 10463

1 bed

1 bath

$1,000

Apartment for rent

Available Sep 16

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for New York, NY

Quick answers to common questions about the New York rental market.

How much is rent in New York?

The average rent in New York is $4,500 per month as of June 27, 2026.

Is rent up or down in New York?

Average rent prices in New York have increased by 1% over the last month and have decreased by 2% since last year.

How does New York rent compare to the national average?

Rent in New York is 131% above the national average, which means renters are paying approximately $2,550 more per month.

Which neighborhoods are most affordable in New York?

The most affordable neighborhoods in New York are Bedford Stuyvesant ($1,975/mo), Long Island City ($4,515/mo), and Downtown Brooklyn ($4,590/mo).

What salary do I need to afford rent in New York?

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.

When is the best time of year to rent in New York?

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.

Methodology

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.

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