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ZIP Code · NY

ZIP 10016

Part of New York, NY
Pop. 52,971·New York County·19th most expensive ZIP in New York
Median rent (all units)
$5,153/mo
Year-over-Year
+12.4%
Month-over-Month
+2.6%
vs US Median
+$3,188
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 10016 · $5,153
More expensive than 99% of US ZIP codes · National median $1,965/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: July 20, 2026

Annual cost
$61,836/yr
At $5,153/mo median
Location
StateNY
CountyNew York County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.4% YoY, +2.6% MoM), not inventory.
Demographics

Who lives here

ZIP 10016 (New York, NY) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 79.8% of residents hold a bachelor's degree or higher.

Population
52,971
Median income
$140,381
Median age
34.7
Renters
74.9%
Age distribution
42.3%
25.5%
15%
Under 188.5%
18–3442.3%
35–5425.5%
55–648.8%
65+15%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
57.4%
12.1%
20.8%
White57.4%
Black4.3%
Hispanic12.1%
Asian20.8%
Other5.3%
Education (25+)
79.8%
No HS diploma3%
HS diploma8.4%
Some college8.8%
Bachelor's+79.8%
Housing tenure
25.1%
74.9%
Owner25.1%
Renter74.9%

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

2021 vs 2026

How ZIP 10016 in New York, NY has changed in 5 years

Rent
$3,185 → $5,153
up 61.8%
Income
$136,431 → $140,381
up 2.9%
Population
56,758 → 52,971
down 6.7%
Renter share
71.9% → 74.9%
+3.0 pts
Bachelor's+
82.5% → 79.8%
-2.7 pts
Median age
32.7 → 34.7
+2.0 yrs

Since 2021, the typical rent in ZIP 10016 in New York, NY has climbed from $3,185 to $5,153, a 61.8% change over five years. Median household income rose from $136,431 to $140,381 between 2021 and 2024, a 2.9% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 6.7% since 2021, moving from about 56,758 residents to roughly 52,971. Renters now make up 74.9% of households, compared with 71.9% five years ago. College-educated residents now make up 79.8% of adults here, versus 82.5% in 2021. Taken together, the five-year picture in ZIP 10016 in New York, NY reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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Local insights

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About renting in ZIP 10016

Last updated: July 20, 2026

ZIP code 10016 covers New York, NY. The median rent here is $5,153/mo as of July 2026. A 1-bedroom rents for a median of $3,990/mo. A 2-bedroom rents for a median of $4,370/mo.

At 44% of local median household income ($140,381/yr), ZIP 10016 ranks as moderate compared to the national benchmark of 30%. Rents have increased 12.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 10016?

As of July 20, 2026, the median monthly rent in ZIP 10016 (New York, NY) is $5,153. This is based on aggregated data from public sources and community submissions.

How does ZIP 10016 rent compare to the US average?

ZIP 10016's median rent of $5,153/mo is $3,188 (162%) above the US national median of $1,965/mo.

How does ZIP 10016 compare to other ZIPs in New York?

ZIP 10016 is one of the pricier ZIP codes in New York, ranking #19 out of 344 ZIPs tracked at $5,153/mo.

How much income do you need to rent in ZIP 10016?

To keep rent at or below 30% of gross income, you would need to earn at least $206,000/year (~$99/hour full-time) to afford the median rent of $5,153/mo in ZIP 10016. The local median household income is $140,381/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 10016?

Rent in ZIP 10016 has increased 12.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 10016 an affordable place to rent?

ZIP 10016 is considered stretched for renters. At $5,153/mo, rent takes approximately 44% of the local median household income ($140,381/yr). The standard benchmark is 30%. ZIP 10016 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 10016 residents rent vs. own?

According to Census data, approximately 74.9% of ZIP 10016 households are renters, while 25.1% are owner-occupied. With a majority renter population, ZIP 10016 has a strong rental market.

How does ZIP 10016 compare to the rest of New York?

ZIP 10016 is pricier than New York as a whole. At $5,153/mo, it's $1,020 above the New York citywide median of $4,133/mo.

When was rent data for ZIP 10016 last updated?

Rent data for ZIP 10016 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
44%
STRETCHED

At $5,153/mo, rent takes ~44% of ZIP 10016's median household income ($140,381/yr). The standard benchmark is 30%.

ZIP 10016 44%Benchmark 30%
State income tax4–10.9%
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Schools nearby

Public schools near ZIP 10016 (New York, NY)

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