ZIP Code · NY

ZIP 10005

Part of New York, NY
Pop. 9,439·New York County·31st most expensive ZIP in New York
Median rent (all units)
$4,739/mo
Year-over-Year
+7.2%
Month-over-Month
+0.5%
vs US Median
+$2,807
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 10005 · $4,739
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
$3,250
1 BR
$3,400
2 BR
$3,760
3 BR
$4,680
4 BR+
$5,050
Research median
$3,760/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

December. Asking rents in ZIP 10005 usually run 1.5% below trend in December and 1.5% above it in August, about $142 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 10005 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 10005 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 10005 rose 22.6% while median household income rose 0.3% ($189,702 to $190,233). Rent outpaced income.

Since before the pandemic

Rent in ZIP 10005 is 33% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 14 months in a row, and rose in 12 of the last 12 months.

What a typical income covers

30% of the median household income ($190,233) is $4,756 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($4,680); a 4-bedroom is $5,050.

Rank in New York

119th cheapest of 145 ZIP codes in New York.

Cheaper nearby

ZIP 07302, 2 miles away, rents for 18% less ($3,888/mo), about $10,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 10005. 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
$56,868/yr
At $4,739/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 10005 (New York, NY) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 85.9% of residents hold a bachelor's degree or higher.

Population
9,439
Median income
$190,233
Median age
31.4
Renters
82.4%
Age distribution
49.2%
29.4%
Under 1811.2%
18–3449.2%
35–5429.4%
55–646.9%
65+3.4%
Gender
52.3%
47.7%
Male52.3%
Female47.7%
Race & ethnicity
64.9%
13.7%
White64.9%
Black4.6%
Hispanic10.6%
Asian13.7%
Other6.2%
Education (25+)
85.9%
No HS diploma1.9%
HS diploma5.8%
Some college6.4%
Bachelor's+85.9%
Housing tenure
17.6%
82.4%
Owner17.6%
Renter82.4%

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

2021 vs 2026

How ZIP 10005 in New York, NY has changed in 5 years

Rent
$3,087 → $4,739
up 53.5%
Income
$197,188 → $190,233
down 3.5%
Population
8,637 → 9,439
up 9.3%
Renter share
83.4% → 82.4%
-1.0 pts
Bachelor's+
92.7% → 85.9%
-6.8 pts
Median age
30.3 → 31.4
+1.1 yrs

Five years ago, renters in ZIP 10005 in New York, NY paid around $3,087 a month. That figure now sits near $4,739, up 53.5% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $197,188 in 2021 to $190,233 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 10005 in New York, NY adding about 802 residents over the five-year window, up 9.3% on net. Bachelor's-degree-or-higher attainment moved from 92.7% to 85.9% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 10005 in New York, NY market of 2021.

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Local insights

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About renting in ZIP 10005

Last updated: October 17, 2026

ZIP code 10005 covers New York, NY. The median rent here is $4,739/mo as of October 2026. A 1-bedroom rents for a median of $3,400/mo. A 2-bedroom rents for a median of $3,760/mo.

At 30% of local median household income ($190,233/yr), ZIP 10005 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 10005?

To keep rent at or below 30% of gross income, you would need to earn at least $190,000/year (about $91/hour full-time) to afford the median rent of $4,739/mo in ZIP 10005. The local median household income is $190,233/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 10005?

Rent in ZIP 10005 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 10005?

Asking rents in ZIP 10005 are usually lowest in December, about 1.5% below their yearly trend, and highest in August, about 1.5% above it. At today's median that is a gap of roughly $142 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 10005?

Yes. From 2019 to 2024, rent in ZIP 10005 rose 22.6% while median household income rose 0.3%, from $189,702 to $190,233. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 10005 compare to other ZIPs in New York?

ZIP 10005 is one of the pricier among New York ZIP codes for rent, ranking #31 of 334 at $4,739/mo. Over the year to September 2026, rent in ZIP 10005 changed +7.2%, against a typical +5.6% across the 251 New York ZIP codes Zillow tracks.

How does ZIP 10005 compare to the rest of New York?

At $4,739/mo, ZIP 10005 is $650 above the New York citywide median of $4,089/mo. It is the 119th cheapest of 145 ZIP codes in New York.
Income Affordability
30%
MODERATE

At $4,739/mo, rent takes ~30% of ZIP 10005's median household income ($190,233/yr). The standard benchmark is 30%.

ZIP 10005 30%Benchmark 30%
State income tax4–10.9%
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Schools nearby

Public schools near ZIP 10005 (New York, NY)

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