What's the average rent in New York, NY?

Rental Market Trends in New York, NY

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

$3,895

HOUSES

$3,400

TOWNHOUSES

$3,100
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 typeAverage 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.

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.
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