What's the average rent in New York, NY?
Rental Market Trends in New York, NY
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SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in New York, NY is $3,650 per month, which is 89% higher than the national average rent of $1,930 per month.
AVERAGE RENT
$3,650
1.1%$40 increase month-over-month
4.3%$150 increase year-over-year
AVAILABLE RENTALS
16,454
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, townhomes are the most affordable rental option in New York, NY at $3,100 per month, while apartments are the most expensive at $3,895 per month. Houses average $3,400 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $3,695 |
| 2 Bedrooms | $3,700 |
| 3 Bedrooms | $3,600 |
| 4 Bedrooms | $4,000 |
| All | $3,650 |
As of May 2026, the average rent for a 1 bedroom rental in New York, NY is $3,695 per month, followed by $3,700 for a 2 bedroom rental, $3,600 for a 3 bedroom rental, and $4,000 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,000 |
| 2 Bedrooms | $2,700 |
| 3 Bedrooms | $3,424 |
| 4 Bedrooms | $4,077 |
| All | $3,100 |
As of May 2026, the average rent for a 1 bedroom townhome in New York, NY is $2,000 per month, followed by $2,700 for a 2 bedroom townhome, $3,424 for a 3 bedroom townhome, and $4,077 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $3,750 |
| 2 Bedrooms | $3,800 |
| 3 Bedrooms | $3,600 |
| 4 Bedrooms | $3,900 |
| All | $3,695 |
As of May 2026, the average rent for a 1 bedroom apartment in New York, NY is $3,750 per month, followed by $3,800 for a 2 bedroom apartment, $3,600 for a 3 bedroom apartment, and $3,900 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,800 |
| 2 Bedrooms | $2,700 |
| 3 Bedrooms | $3,550 |
| 4 Bedrooms | $4,300 |
| All | $3,400 |
As of May 2026, the average rent for a 1 bedroom house in New York, NY is $1,800 per month, followed by $2,700 for a 2 bedroom house, $3,550 for a 3 bedroom house, and $4,300 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +3% compared to the previous year, which is a +$106 increase.
This year (2026)
Last year (2025)
Rent distribution
26% of rentals have rent of $3,000-$3,799/month
Rental price range
The price range for rentals is $700 to $165,000.