ZIP Code · NY

ZIP 10003

Part of New York, NY
Pop. 53,560·New York County·15th most expensive ZIP in New York
Median rent (all units)
$5,229/mo
Year-over-Year
+7.2%
Month-over-Month
+0.5%
vs US Median
+$3,297
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 10003 · $5,229
More expensive than 99% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$3,800
1 BR
$3,990
2 BR
$4,370
3 BR
$5,470
4 BR+
$5,950
Research median
$4,370/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 10003 usually run 2.1% below trend in January and 1.9% above it in August, about $209 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 10003 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of New York

Rent in ZIP 10003 changed +7.2% over the year to September 2026. Across the 251 New York ZIP codes Zillow tracks, the typical change was +5.6%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 10003 rose 24.7% while median household income rose 30.6% ($118,161 to $154,262). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 10003 is 42.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 25 months in a row, and rose in 12 of the last 12 months.

What a typical income covers

30% of the median household income ($154,262) is $3,857 a month. That covers HUD's Fair Market Rent for up to a studio ($3,800); a 1-bedroom is $3,990.

Rank in New York

135th cheapest of 145 ZIP codes in New York.

Cheaper nearby

ZIP 10017, 2 miles away, rents for 14% less ($4,489/mo), about $8,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 10003. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$62,748/yr
At $5,229/mo median
Location
StateNY
CountyNew York County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.2% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 10003 (New York, NY) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 84.3% of residents hold a bachelor's degree or higher.

Population
53,560
Median income
$154,262
Median age
31
Renters
62.9%
Age distribution
50%
20.5%
14.5%
Under 187.2%
18–3450%
35–5420.5%
55–647.8%
65+14.5%
Gender
48.7%
51.3%
Male48.7%
Female51.3%
Race & ethnicity
65.6%
16.6%
White65.6%
Black5.3%
Hispanic10.2%
Asian16.6%
Other2.3%
Education (25+)
84.3%
No HS diploma2.8%
HS diploma4.7%
Some college8.2%
Bachelor's+84.3%
Housing tenure
37.1%
62.9%
Owner37.1%
Renter62.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 10003 in New York, NY has changed in 5 years

Rent
$3,087 → $5,229
up 69.4%
Income
$137,533 → $154,262
up 12.2%
Population
54,447 → 53,560
down 1.6%
Renter share
63.3% → 62.9%
-0.4 pts
Bachelor's+
82.4% → 84.3%
+1.9 pts
Median age
32 → 31
-1.0 yrs

Since 2021, the typical rent in ZIP 10003 in New York, NY has increased from $3,087 to $5,229, a 69.4% change over five years. Local incomes tracked alongside that move, going from a median of $137,533 in 2021 to $154,262 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 1.6% since 2021, moving from about 54,447 residents to roughly 53,560. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 10003 in New York, NY market of 2021.

Community

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Local insights

Tips for renters in ZIP 10003

About renting in ZIP 10003

Last updated: October 17, 2026

ZIP code 10003 covers New York, NY. The median rent here is $5,229/mo as of October 2026. A 1-bedroom rents for a median of $3,990/mo. A 2-bedroom rents for a median of $4,370/mo.

At 41% of local median household income ($154,262/yr), ZIP 10003 ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 10003?

To keep rent at or below 30% of gross income, you would need to earn at least $209,000/year (about $100/hour full-time) to afford the median rent of $5,229/mo in ZIP 10003. The local median household income is $154,262/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 10003?

Rent in ZIP 10003 has risen 7.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in ZIP 10003?

Asking rents in ZIP 10003 are usually lowest in January, about 2.1% below their yearly trend, and highest in August, about 1.9% above it. At today's median that is a gap of roughly $209 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 10003?

No. From 2019 to 2024, rent in ZIP 10003 rose 24.7% while median household income rose 30.6%, from $118,161 to $154,262. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 10003 compare to other ZIPs in New York?

ZIP 10003 is one of the pricier among New York ZIP codes for rent, ranking #15 of 334 at $5,229/mo. Over the year to September 2026, rent in ZIP 10003 changed +7.2%, against a typical +5.6% across the 251 New York ZIP codes Zillow tracks.

How does ZIP 10003 compare to the rest of New York?

At $5,229/mo, ZIP 10003 is $1,140 above the New York citywide median of $4,089/mo. It is the 135th cheapest of 145 ZIP codes in New York.
Income Affordability
41%
STRETCHED

At $5,229/mo, rent takes ~41% of ZIP 10003's median household income ($154,262/yr). The standard benchmark is 30%.

ZIP 10003 41%Benchmark 30%
State income tax4–10.9%
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Public schools near ZIP 10003 (New York, NY)

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