Rental Market Trends in New York, NY

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The average rent in New York, NY, as of August 2025, is approximately $1271 per month for all property types. Rent prices can vary depending on the neighborhood and the type of rental property. Rent prices are influenced by factors like neighborhood popularity, proximity to amenities, and the overall housing market trends in the city.

Market summary

Data is based on rental rates on sulekha.com. Last updated in August 2025.

Average Rental Price Over Time

How much has the average rent changed in New York, NY?

The average rent for all property types is $1271,which is 0% increase compared to the previous year.

2023
2024

Occupied Housing Units in New York, NY

Property

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New York, NYvs

$1271

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Neighborhood Rent Trends in New York, NY

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Neighborhoods	Average rent
Broad Channel, NY	$1450
Bergen Beach, NY	$1425
Canarsie, NY	$1425
Blissville, NY	$1285
Brownsville, NY	$1120
Bulls Head, NY	$975
Auburndale, NY	$870
Bowne Park, NY	$840
Bay Terrace, NY	$833
City Island, NY	$825
Castleton Corners, NY	$822
Annadale, NY	$800

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FAQs

Answers to Your Rental Questions

We've got answers to your most common questions about rentals, from property listings to pricing trends and everything in between.

What is the average rent in New York, NY?

The average rent in New York, NY is around $1271 per month. However, this can vary depending on the neighborhood, the size of the rental unit, and the property's condition. For example, rents are typically higher in desirable areas close to amenities and popular destinations. Larger apartments or homes with multiple bedrooms or modern amenities can also be more expensive. Keep these factors in mind when searching for a rental in New York, NY.
How many rentals are available in New York, NY?

Currently, there are 18 rental properties available in New York, NY. This includes a variety of options such as apartments, condos, town homes, single-family homes, single rooms, shared rooms and pg accommodations catering to different budgets and preferences. So, if you're looking for a place to rent in New York, NY, you have plenty of choices to explore!
What are the best neighborhoods to rent in New York, NY?
If you're looking for budget-friendly neighborhoods in New York, NY, consider these options:
- Broad Channel: Average rent is $1450 per month.
- Bergen Beach: Average rent is $1425 per month.
- Canarsie: Average rent is $1425 per month.
- Blissville: Average rent is $1180 per month.
- Hamilton Heights: Average rent is $1129 per month.
- Lindenwood: Average rent is $1081 per month.
These neighborhoods offer rental rates lower than the city's overall average, making them attractive options for renters.
What are the most affordable neighborhoods in New York, NY?
The most expensive neighborhoods in New York, NY are:
- West Harlem: Average rent is $1077 per month.
- Mariners Park: Average rent is $975 per month.
- Greenwood Heights: Average rent is $997 per month.
- Randall Manor: Average rent is $600 per month.
- Lindenwood: Average rent is $1081 per month.
- Mariners Harbor: Average rent is $893 per month.
How much has the average rent changed in New York, NY?

Over the past year, the average rent in New York, NY have increased by approximately 0%, which translates to $105 per month. This change reflects shifting market trends and evolving housing demand in the area, impacting renters' costs and affordability.
How much has the rent in New York, NY increased or decreased in the last month?

The Average rent price in New York, NY for August 2025 is $1271, which is $82 less than in July.