New York, NY Rent History

134 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-09)
$4,089
1-year change
+5.3%
$207/mo
5-year change
+36.9%
$1,102/mo
10-year change
+46.9%
$1,305/mo

Monthly rent trend

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Year-by-year rent in New York

YearMedian rentYoY changevs 2015
2015$2,704/mo—0.0%
2016$2,765/mo+2.3%+2.3%
2017$2,804/mo+1.4%+3.7%
2018$2,838/mo+1.2%+5.0%
2019$2,919/mo+2.9%+8.0%
2020$3,024/mo+3.6%+11.8%
2021$2,676/mo-11.5%-1.0%
2022$3,296/mo+23.2%+21.9%
2023$3,496/mo+6.1%+29.3%
2024$3,633/mo+3.9%+34.4%
2025$3,790/mo+4.3%+40.2%
2026$3,981/mo+5.0%+47.2%

Frequently asked questions

How much has rent in New York changed since 2015?

Median rent in New York, NY was $2,658 in 2015-01 and is $4,089 as of 2026-09 — a change of $1,431 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 +36.9% ($1,102 per month). The current median is $4,089.

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

Over the past 10 years, median rent in New York, NY has changed +46.9% ($1,305 per month). It is now $4,089.

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

Year over year, median rent in New York, NY has increased +5.3% ($207/mo). Current median: $4,089.

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.