ZIP Code · NY

ZIP 10032

Part of New York, NY
Pop. 55,610·New York County·124th most expensive ZIP in New York
Median rent (all units)
$3,011/mo
Year-over-Year
+6.5%
Month-over-Month
+1.2%
vs US Median
+$1,079
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 10032 · $3,011
More expensive than 91% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,170
1 BR
$2,260
2 BR
$2,510
3 BR
$3,120
4 BR+
$3,370
Research median
$2,510/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

February. Asking rents in ZIP 10032 usually run 1.3% below trend in February and 1.4% above it in August, about $81 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 10032 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 10032 changed +6.5% 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 10032 rose 18.6% while median household income rose 6.2% ($53,525 to $56,829). Rent outpaced income.

Since before the pandemic

Rent in ZIP 10032 is 29.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 7 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($56,829) is $1,421 a month. That is less than HUD's Fair Market Rent for a studio ($2,170).

Rank in New York

65th cheapest of 145 ZIP codes in New York.

Cheaper nearby

ZIP 10452, 1 mile away, rents for 18% less ($2,455/mo), about $6,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 10032. 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
$36,132/yr
At $3,011/mo median
Location
StateNY
CountyNew York County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.5% YoY, +1.2% MoM), not inventory.
Demographics

Who lives here

ZIP 10032 (New York, NY) is majority renter-occupied, has a median income below the national average, 41.2% of residents hold a bachelor's degree or higher.

Population
55,610
Median income
$56,829
Median age
39.5
Renters
91.5%
Age distribution
13.8%
27.8%
27%
19.4%
Under 1813.8%
18–3427.8%
35–5427%
55–6412%
65+19.4%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
19.2%
15%
60.7%
White19.2%
Black15%
Hispanic60.7%
Asian6.2%
Education (25+)
24.8%
16.6%
17.4%
41.2%
No HS diploma24.8%
HS diploma16.6%
Some college17.4%
Bachelor's+41.2%
Housing tenure
91.5%
Owner8.5%
Renter91.5%

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

2021 vs 2026

How ZIP 10032 in New York, NY has changed in 5 years

Rent
$2,156 → $3,011
up 39.7%
Income
$55,059 → $56,829
up 3.2%
Population
60,529 → 55,610
down 8.1%
Renter share
90.4% → 91.5%
+1.1 pts
Bachelor's+
36.1% → 41.2%
+5.1 pts
Median age
37.1 → 39.5
+2.4 yrs

Since 2021, the typical rent in ZIP 10032 in New York, NY has increased from $2,156 to $3,011, a 39.7% change over five years. Local incomes tracked alongside that move, going from a median of $55,059 in 2021 to $56,829 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 8.1% since 2021, moving from about 60,529 residents to roughly 55,610. College-educated residents now make up 41.2% of adults here, versus 36.1% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 10032 in New York, NY market of 2021.

Community

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Local insights

Tips for renters in ZIP 10032

About renting in ZIP 10032

Last updated: October 17, 2026

ZIP code 10032 covers New York, NY. The median rent here is $3,011/mo as of October 2026. A 1-bedroom rents for a median of $2,260/mo. A 2-bedroom rents for a median of $2,510/mo.

At 64% of local median household income ($56,829/yr), ZIP 10032 ranks as expensive compared to the national benchmark of 30%. Rents have increased 6.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 10032?

To keep rent at or below 30% of gross income, you would need to earn at least $120,000/year (about $58/hour full-time) to afford the median rent of $3,011/mo in ZIP 10032. The local median household income is $56,829/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 10032?

Rent in ZIP 10032 has risen 6.5% 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 10032?

Asking rents in ZIP 10032 are usually lowest in February, about 1.3% below their yearly trend, and highest in August, about 1.4% above it. At today's median that is a gap of roughly $81 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 10032?

Yes. From 2019 to 2024, rent in ZIP 10032 rose 18.6% while median household income rose 6.2%, from $53,525 to $56,829. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 10032 compare to other ZIPs in New York?

ZIP 10032 is in the middle among New York ZIP codes for rent, ranking #124 of 334 at $3,011/mo. Over the year to September 2026, rent in ZIP 10032 changed +6.5%, against a typical +5.6% across the 251 New York ZIP codes Zillow tracks.

How does ZIP 10032 compare to the rest of New York?

At $3,011/mo, ZIP 10032 is $1,078 below the New York citywide median of $4,089/mo. It is the 65th cheapest of 145 ZIP codes in New York.
Income Affordability
64%
EXPENSIVE

At $3,011/mo, rent takes ~64% of ZIP 10032's median household income ($56,829/yr). The standard benchmark is 30%.

ZIP 10032 64%Benchmark 30%
State income tax4–10.9%
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Schools nearby

Public schools near ZIP 10032 (New York, NY)

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