The New York rental market
New York tracks median rent across 125 cities, ranging from Gloversville at $1,025/mo to Hampton Bays at $9,761/mo. The state average of $2,693/mo runs about 37% above the national median of $1,962/mo.
Across New York cities, rents are rising, changing an average of +7.3% over the past year. 99 of 153 tracked cities are priced above the national median, while 54 fall below it. The largest rental markets are New York, Buffalo, Yonkers.
New York rent questions
What is the average rent in New York?
The average median rent across 125 tracked cities in New York is $2,693/mo, about 37% above the national median of $1,962/mo.
Which New York city has the highest rent?
Hampton Bays has the highest median rent in New York at $9,761/mo.
Which New York city has the most affordable rent?
Gloversville is the most affordable tracked city in New York, with a median rent of $1,025/mo.
Are rents rising or falling in New York?
Across New York cities, median rents are rising, changing an average of +7.3% over the past year.
How does New York rent compare to the rest of the country?
99 of 153 tracked New York cities have a median rent above the national median of $1,962/mo, and 54 fall below it.
What are the largest rental markets in New York?
By population, the largest rental markets in New York are New York, Buffalo, Yonkers. Each has its own rent data, trends, and ZIP-level breakdowns on RentDataNow.