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ZIP Code · NY

ZIP 10040

Part of New York, NY
Pop. 40,096·New York County·148th most expensive ZIP in New York
Median rent (all units)
$2,849/mo
Year-over-Year
+12.7%
Month-over-Month
+3.1%
vs US Median
+$919
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 10040 · $2,849
More expensive than 88% of US ZIP codes · National median $1,930/mo
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Medians by bedroom

Rent by unit size

Studio
$2,350
1 BR
$2,470
2 BR
$2,710
3 BR
$3,390
4 BR+
$3,690
Research median
$2,710/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: May 18, 2026

Annual cost
$34,188/yr
At $2,849/mo median
Location
StateNY
CountyNew York County
Demographics

Who lives here

ZIP 10040 (New York, NY) is majority renter-occupied, has a median income below the national average, 39% of residents hold a bachelor's degree or higher.

Population
40,096
Median income
$65,516
Median age
42.3
Renters
84.1%
Age distribution
15.5%
21.9%
29.9%
13.2%
19.4%
Under 1815.5%
18–3421.9%
35–5429.9%
55–6413.2%
65+19.4%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
26.6%
68.2%
White26.6%
Black6.9%
Hispanic68.2%
Asian1.7%
Education (25+)
21%
20.9%
19.2%
39%
No HS diploma21%
HS diploma20.9%
Some college19.2%
Bachelor's+39%
Housing tenure
15.9%
84.1%
Owner15.9%
Renter84.1%

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

2021 vs 2026

How ZIP 10040 in New York, NY has changed in 5 years

Rent
$2,145 → $2,849
up 32.8%
Income
$54,700 → $65,516
up 19.8%
Population
45,771 → 40,096
down 12.4%
Renter share
87.1% → 84.1%
-3.0 pts
Bachelor's+
37.2% → 39%
+1.8 pts
Median age
39.6 → 42.3
+2.7 yrs

Rent in ZIP 10040 in New York, NY has increased 32.8% since 2021, going from about $2,145 per month to roughly $2,849 today. On the earnings side, the typical household in ZIP 10040 in New York, NY now reports about $65,516, up from $54,700 in 2021. Rent outpaced income growth by roughly 13.0 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 45,771 to 40,096 between 2021 and 2024, a 12.4% change. About 84.1% of households rent today, against 87.1% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 10040 in New York, NY reflects that arc in its own way.

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About renting in ZIP 10040

Last updated: May 18, 2026

ZIP code 10040 covers New York, NY. The median rent here is $2,849/mo as of May 2026. A 1-bedroom rents for a median of $2,470/mo. A 2-bedroom rents for a median of $2,710/mo.

At 52% of local median household income ($65,516/yr), ZIP 10040 ranks as expensive compared to the national benchmark of 30%. Rents have increased 12.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 10040?

As of May 18, 2026, the median monthly rent in ZIP 10040 (New York, NY) is $2,849. This is based on aggregated data from public sources and community submissions.

How does ZIP 10040 rent compare to the US average?

ZIP 10040's median rent of $2,849/mo is $919 (48%) above the US national median of $1,930/mo.

How does ZIP 10040 compare to other ZIPs in New York?

ZIP 10040 falls in the middle range for New York, ranking #148 out of 348 ZIPs at $2,849/mo.

How much income do you need to rent in ZIP 10040?

To keep rent at or below 30% of gross income, you would need to earn at least $114,000/year (~$55/hour full-time) to afford the median rent of $2,849/mo in ZIP 10040. The local median household income is $65,516/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 10040?

Rent in ZIP 10040 has increased 12.7% over the past year as of May 18, 2026, putting upward pressure on renter budgets.

Is ZIP 10040 an affordable place to rent?

ZIP 10040 is considered expensive for renters. At $2,849/mo, rent takes approximately 52% of the local median household income ($65,516/yr). The standard benchmark is 30%. ZIP 10040 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 10040 residents rent vs. own?

According to Census data, approximately 84.1% of ZIP 10040 households are renters, while 15.9% are owner-occupied. With a majority renter population, ZIP 10040 has a strong rental market.

How does ZIP 10040 compare to the rest of New York?

ZIP 10040 is more affordable than New York overall. At $2,849/mo, it's $1,078 below the New York citywide median of $3,927/mo.

When was rent data for ZIP 10040 last updated?

Rent data for ZIP 10040 reflects May 18, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Affordability
52%
EXPENSIVE

At $2,849/mo, rent takes ~52% of ZIP 10040's median household income ($65,516/yr). The standard benchmark is 30%.

ZIP 10040 52%Benchmark 30%
State income tax4–10.9%
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