New York, NY rental market

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Last updated August 29, 2025

Rental market summary

The average rent for 2 bedroom properties in New York, NY is $4,250.

Average rent

$4,250

Month-over-month change

$0

Year-over-year change

+$351

Available rentals

5,274

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $500 to $122,500.

Rent frequencies
Rent priceNumber of rental properties
$5002
$7001
$8004
$9006
$1,000104
$1,10017
$1,20010
$1,3002
$1,4004
$1,50011
$1,60013
$1,70011
$1,80020
$1,90039
$2,00036
$2,10053
$2,20078
$2,300104
$2,400195
$2,500207
$2,600179
$2,700267
$2,800277
$2,900249
$3,000218
$3,100213
$3,200238
$3,300128
$3,400150
$3,500160
$3,600136
$3,700127
$3,800119
$3,900156
$4,00099
$4,100113
$4,200129
$4,300102
$4,400149
$4,500118
$4,60093
$4,700101
$4,80088
$4,900129
$5,000+2016

Average rent price over time

In the last year, rent has increased by $351 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$3,450$3,500
Feb$3,595$3,390
Mar$3,626$3,300
Apr$3,640$3,400
May$3,750$3,575
Jun$3,800$3,800
Jul$3,827$4,000
Aug$3,941$4,291
Sep$3,913No data
Oct$3,775No data
Nov$3,699No data
Dec$3,595No data

Market temperature

The New York, NY rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in New York, NY is 127% higher than the national average.

New York, NYvs.

$4,250

$1,875

Rent in New York, NY

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Frequently asked questions

1. What is the average rent in New York, NY?

The average rent in New York, NY is $3,750.

2. How much does it cost to rent a house in New York, NY?

Houses in New York, NY rent between $500 - $175,000 with an average rent of $3,750.

3. How has the rent in New York, NY changed in the last year?

In the last year, the rent in New York, NY increased by $150

4. How much has the rent in New York, NY increased/decreased in the last month?

In the last month, the rent in New York, NY decreased by $50

5. How many available rentals are there in New York, NY?

There are currently 17,400 rentals available in New York, NY.

6. How do rent prices in New York, NY compare with the national average?

The average rent in New York, NY is $3,750 — Infinity% higher the national average of $0.