ZIP 10031
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12-month history
Last updated: October 17, 2026
What the numbers show
February. Asking rents in ZIP 10031 usually run 2.1% below trend in February and 2.3% above it in August, about $144 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 10031 is at its highest level since Zillow's records here began in January 2015.
Rent in ZIP 10031 changed +4.8% over the year to September 2026. Across the 251 New York ZIP codes Zillow tracks, the typical change was +5.6%.
From 2019 to 2024, rent in ZIP 10031 rose 17.9% while median household income rose 21.7% ($53,660 to $65,283). Income kept ahead of rent.
Rent in ZIP 10031 is 29.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 4 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($65,283) is $1,632 a month. That is less than HUD's Fair Market Rent for a studio ($2,380).
82nd cheapest of 145 ZIP codes in New York.
ZIP 10037, 1 mile away, rents for 12% less ($2,855/mo), about $4,900 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 10031. 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.
Who lives here
ZIP 10031 (New York, NY) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 41.1% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 10031 in New York, NY has changed in 5 years
The median rent in ZIP 10031 in New York, NY stood at $2,235 in 2021 and currently runs about $3,262, reflecting a 46.0% increase over the period. Local incomes tracked alongside that move, going from a median of $57,180 in 2021 to $65,283 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 1.2% since 2021, moving from about 61,801 residents to roughly 61,058. College-educated residents now make up 41.1% of adults here, versus 38.9% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 10031 in New York, NY market of 2021.
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Tips for renters in ZIP 10031
Last updated: October 17, 2026
ZIP code 10031 covers New York, NY. The median rent here is $3,262/mo as of October 2026. A 1-bedroom rents for a median of $2,500/mo. A 2-bedroom rents for a median of $2,740/mo.
At 60% of local median household income ($65,283/yr), ZIP 10031 ranks as expensive compared to the national benchmark of 30%. Rents have increased 4.8% over the past year.
Frequently asked questions
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How does ZIP 10031 compare to the rest of New York?
At $3,262/mo, rent takes ~60% of ZIP 10031's median household income ($65,283/yr). The standard benchmark is 30%.
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