New York, NY rental market
Last updated August 29, 2025
Rental market summary
The average rent for 3 bedroom properties in New York, NY is $3,700.
$3,700
-$77
-$77
3,279
Source: Zillow Rentals data
Rental price range
The price range for 3 bedroom properties is $500 to $140,000.
| Rent price | Number of rental properties |
|---|---|
| $500 | 2 |
| $600 | 1 |
| $700 | 1 |
| $800 | 1 |
| $900 | 40 |
| $1,000 | 296 |
| $1,100 | 56 |
| $1,200 | 31 |
| $1,300 | 16 |
| $1,400 | 21 |
| $1,500 | 11 |
| $1,600 | 19 |
| $1,700 | 19 |
| $1,800 | 23 |
| $1,900 | 18 |
| $2,000 | 23 |
| $2,100 | 9 |
| $2,200 | 11 |
| $2,300 | 7 |
| $2,400 | 13 |
| $2,500 | 29 |
| $2,600 | 30 |
| $2,700 | 68 |
| $2,800 | 75 |
| $2,900 | 137 |
| $3,000 | 150 |
| $3,100 | 140 |
| $3,200 | 193 |
| $3,300 | 169 |
| $3,400 | 336 |
| $3,500 | 302 |
| $3,600 | 225 |
| $3,700 | 219 |
| $3,800 | 128 |
| $3,900 | 107 |
| $4,000 | 60 |
| $4,100 | 55 |
| $4,200 | 47 |
| $4,300 | 38 |
| $4,400 | 70 |
| $4,500 | 66 |
| $4,600 | 33 |
| $4,700 | 41 |
| $4,800 | 27 |
| $4,900 | 45 |
| $5,000+ | 975 |
Average rent price over time
In the last year, rent has decreased by $77 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $3,300 | $3,500 |
| Feb | $3,495 | $3,500 |
| Mar | $3,500 | $3,500 |
| Apr | $3,550 | $3,500 |
| May | $3,643 | $3,550 |
| Jun | $3,777 | $3,600 |
| Jul | $3,800 | $3,700 |
| Aug | $3,895 | $3,745 |
| Sep | $3,777 | No data |
| Oct | $3,700 | No data |
| Nov | $3,606 | No data |
| Dec | $3,500 | No 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in New York, NY is 68% higher than the national average.
$3,700
$2,200
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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.