New York, NY rental market

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Last updated August 23, 2025

Rental market summary

The average rent for apartments in New York, NY is $3,863.

Average rent

$3,863

Month-over-month change

-$68

Year-over-year change

+$310

Available rentals

17,288

Source: Zillow Rentals data

Rental price range

The price range for apartments is $500 to $175,000.

Rent frequencies
Rent priceNumber of rental properties
$5001
$6001
$7002
$80014
$90079
$1,000451
$1,100115
$1,20098
$1,30089
$1,400119
$1,500108
$1,600173
$1,700221
$1,800247
$1,900251
$2,000226
$2,100310
$2,200318
$2,300346
$2,400482
$2,500552
$2,600534
$2,700641
$2,800599
$2,900689
$3,000578
$3,100665
$3,200731
$3,300578
$3,400849
$3,500806
$3,600665
$3,700649
$3,800538
$3,900589
$4,000365
$4,100428
$4,200467
$4,300360
$4,400482
$4,500421
$4,600306
$4,700366
$4,800287
$4,900408
$5,000+4708

Average rent price over time

In the last year, rent has increased by $310 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$3,038$3,759
Feb$3,444$3,723
Mar$3,531$3,746
Apr$3,758$3,843
May$3,813$3,833
Jun$3,605$3,673
Jul$3,621$3,877
Aug$3,558$3,440
Sep$3,620No data
Oct$3,675No data
Nov$3,641No data
Dec$3,727No 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 152% higher than the national average.

New York, NYvs.

$3,863

$1,532

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 $3,777.

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 $3,777.

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 $177

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 $18

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

There are currently 17,800 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 $3,777 — Infinity% higher the national average of $0.