What is the average rent in New York?
The average rent in New York for August 2026 is $2,018, according to the most recent data from ApartmentList - July 31, 2026. The average rent of a 2-bedroom apartment in New York is $2,031. The average rent of a 1-bedroom apartment in New York is $1,920.
Compared to the national average of $1,388, New York rent costs 45.4% more. Read our analysis of rents by state to see how New York ranks.
Here's a look at how average rents have changed over time:
How Does New York Rent Compare To The Rest Of The Country?
| Statistic | NY | USA | % Difference |
|---|---|---|---|
| Average Rent | $2,018 | $1,388 | 45.4% |
| M-o-M Change | $7 | $3 | 133.3% |
| Y-o-Y Change | $52 | -$15 | -446.7% |
| M-o-M % Change | 0.3% | 0.2% | - |
| Y-o-Y % Change | 2.6% | -1.1% | - |
Median Rent By Bedrooms In New York
As you would expect, the median price for rent in New York increases as the number of bedrooms in the unit increases. 1-Bedroom rent is the cheapest in New York clocking in at $1,920, while a 2-bedroom rental will set you back $2,031 per month.
If you don't mind having roommates, the best option on a per room basis is a 2-bedroom rental for $1,015/room/month.
Read on to find out more or for more on New York check out:
- Best Places To Live In New York
- Cheapest Places To Live In New York
- Most Dangerous Places In New York
Month Over Month New York Rent Statistics
New York has experienced a $7 change in rent over the past month going from $2,011 to $2,018. That change comes out to 0.3%.
For reference, the US national average rent changed $3 in the past month or 0.2%.
Here's a look at the month over month change for each month since 2017 for New York:
Year Over Year New York Rent Statistics
Over the past year, the average rent in New York changed $52 from $1,966 to $2,018. A change of $52 means that rents changed 2.6% in a year.
That compares to the US national change of -$15 in the past year or -1.1%.
Here's a look at the year over year change by month since 2017 for New York:
The 10 Places With The Highest Rent In New York
Population: 17,856
Median Rent: $3,303
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Population: 6,428
Median Rent: $2,937
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Population: 22,699
Median Rent: $2,864
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Population: 6,627
Median Rent: $2,423
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Population: 17,223
Median Rent: $2,402
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Population: 5,634
Median Rent: $2,378
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Population: 28,319
Median Rent: $2,287
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Population: 16,004
Median Rent: $2,286
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Population: 5,359
Median Rent: $2,100
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Population: 5,085
Median Rent: $2,090
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