Average Rent in New York, NY
5 apartment buildings, 71 units. Daily asking prices with rent history for every building.
Avg Rent
$4,130/mo
median $3,995
market average
Cheapest
$1,050/mo
Platinum Properties
Properties
5
tracked daily
Units
71
available now
New York, NY Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 5 properties in New York, NY.
Average rent trend
All bedroom types, citywide. Choose a window above to scope the view.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
New York, NY Rent Prices
All 5 properties ranked by lowest available rent.
Platinum Properties
100 Wall St 2nd Floor, New York, NY 10005, USA
Pear NYC
1100 Bedford Ave, Brooklyn, NY 11216, USA
Brooklyn Group
247 Boerum St, Brooklyn, NY 11206, USA
Luxury Apartments LIC
42-12 28th St, Queens, NY 11101, USA
Loftey
5 W 37th St 12th floor, New York, NY 10018, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Platinum Properties 100 Wall St 2nd Floor, New York, NY 10005, USA | $1,050 | $1,798 | $1.39 | 4.4 (67) | 8 |
| 2 | Pear NYC 1100 Bedford Ave, Brooklyn, NY 11216, USA | $2,695 | $3,505 | -- | 5 (606) | 9 |
| 3 | Brooklyn Group 247 Boerum St, Brooklyn, NY 11206, USA | $2,800 | $4,480 | -- | 3.6 (217) | 51 |
| 4 | Luxury Apartments LIC 42-12 28th St, Queens, NY 11101, USA | $3,870 as of Aug 5 | $3,870 | $4.84 | 5 (218) | 1 |
| 5 | Loftey 5 W 37th St 12th floor, New York, NY 10018, USA | $6,000 | $6,267 | $8.14 | 4.7 (198) | 3 |
Rent & Price History by Building
Platinum Properties
4.4 (67)100 Wall St 2nd Floor, New York, NY 10005, USA
Pear NYC
5 (606)1100 Bedford Ave, Brooklyn, NY 11216, USA
Brooklyn Group
3.6 (217)247 Boerum St, Brooklyn, NY 11206, USA
Luxury Apartments LIC
5 (218)42-12 28th St, Queens, NY 11101, USA
Loftey
4.7 (198)5 W 37th St 12th floor, New York, NY 10018, USA
By Area
New York, NY neighborhoods
Tracked buildings across 5 named neighborhoods. Pick one to see its apartments.
New York, NY Average Rent Prices 2026
The average rent in New York, NY is $4,130 per month, based on 71 units across 5 apartment communities. Prices range from $1,050 at Platinum Properties to $7,225 at Brooklyn Group.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| 1 Bed | $4,298/mo | $1,050/mo | 25 |
| 2 Bed | $3,989/mo | $1,195/mo | 29 |
| 3 Bed | $4,185/mo | $2,800/mo | 11 |
| 4 Bed | $4,008/mo | $3,300/mo | 6 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in New York, NY, and what they pay
Tracked one-bedroom rent in New York, NY averages $4,298/mo, with two-bedroom units averaging $3,989/mo. At the local median household income of $79,713, that works out to 62% of gross income, a severely rent-burdened market by HUD standards.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in New York, NY at $1,779/mo. The current tracked market average runs 132% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in New York, NY while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in New York, NY?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$165,000/year
Based on the 30 percent rule, using our tracked average rent of $4,130/mo.
Comfortable income
$198,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,050/mo), you need to earn at least $42,000/year.
Median household income in New York, NY is $79,713 , about 60% below the comfortable-living threshold.
Cost of living in New York, NY
Overall prices in New York, NY runs above the national average by about 13% (BEA Regional Price Parity index 112.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by New York, NY's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $4,130 |
| Utilities | $644 |
| Groceries | $585 |
| Transportation | $1,534 |
| Healthcare | $748 |
| Other goods and services | $1,197 |
| Estimated total | $8,838/mo |
Population
8,516,202
Median household income
$79,713
Census median rent
$1,779/mo
Rent as % of income
31.0%
Median age
38.0
Mean commute
41 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in New York
How New York, NY rent compares to other markets in the state.
| City | Avg Rent | vs New York, NY | 30-Day Change | Properties |
|---|---|---|---|---|
| Albany, NY | $1,902 | -54% | -32.9% | 108 |
| Brooklyn, NY | $5,035 | +22% | +4.1% | 18 |
| Utica, NY | $1,748 | -58% | -73.5% | 12 |
| White Plains, NY | $3,648 | -12% | +10.3% | 10 |
| New Rochelle, NY | $3,126 | -24% | +3.2% | 9 |
| Schenectady, NY | $1,897 | -54% | -2.6% | 9 |
Frequently asked questions
What is the average rent in New York, NY?
The average rent in New York, NY is $4,130 per month, based on 71 units across 5 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the median rent in New York, NY?
The median asking rent in New York, NY is $3,995 per month, computed from 71 live listed units and refreshed daily. The average is $4,130/mo; the median resists skew from luxury listings.
What is the cheapest apartment rent in New York, NY?
The lowest available rent in New York, NY starts at $1,050 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in New York, NY?
1-bedroom apartments in New York, NY average $4,298/mo. The lowest listed 1-bedroom starts at $1,050/mo across 25 units tracked.
How much is a 2-bedroom apartment in New York, NY?
2-bedroom apartments in New York, NY average $3,989/mo. Units start from $1,195/mo across 29 units currently listed.
Rent Trends in New York, NY
Track how apartment prices are changing over time.
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