New York, NY Rent History

132 months of data, 20152026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-07)
$4,170
1-year change
+16.0%
$574/mo
5-year change
+48.6%
$1,364/mo
10-year change
+51.8%
$1,423/mo

Monthly rent trend

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Year-by-year rent in New York

YearMedian rentYoY changevs 2015
2015$2,678/mo0.0%
2016$2,738/mo+2.2%+2.2%
2017$2,776/mo+1.4%+3.7%
2018$2,809/mo+1.2%+4.9%
2019$2,888/mo+2.8%+7.8%
2020$2,992/mo+3.6%+11.7%
2021$2,647/mo-11.5%-1.2%
2022$3,260/mo+23.2%+21.7%
2023$3,456/mo+6.0%+29.1%
2024$3,588/mo+3.8%+34.0%
2025$3,544/mo-1.2%+32.3%
2026$3,927/mo+10.8%+46.6%

Frequently asked questions

How much has rent in New York changed since 2015?

Median rent in New York, NY was $2,633 in 2015-01 and is $4,170 as of 2026-07 — a change of $1,537 per month over 11 years.

How much has New York rent increased in the last 5 years?

Over the past 5 years, median rent in New York, NY has changed +48.6% ($1,364 per month). The current median is $4,170.

What has rent in New York done over the past decade?

Over the past 10 years, median rent in New York, NY has changed +51.8% ($1,423 per month). It is now $4,170.

Is rent in New York going up or down year over year?

Year over year, median rent in New York, NY has increased +16.0% ($574/mo). Current median: $4,170.

See full rent data for New York, NY
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.