According to the most recent data from Zillow, the average rent in New York for December 2020 is $3,200. With an averge apartment size of 1,600 sqft, the average price per square foot in New York is $2.
Compared to the national average of $1,650, New York rent costs 93.9% 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:
As you would expect, the median price for rent in New York increases as the number of bedrooms in the unit increases. Studios rent the cheapest in New York clocking in at $2,500, while a four bedroom rental will set you back $0 per month.
We think the best deal comes in the form of a two bedroom for $2,300 per month, however.
Read on to find out more or for more on New York check out:
New York has experienced a $200 change in rent over the past month going from $3,000 to $3,200. That change comes out to 6.7%.
For reference, the US national average rent changed $0 in the past month or 0.0%.
Here's a look at the month over month change for each month since 2010 for New York:
Over the past year, the average rent in New York changed $50 from $3,150 to $3,200. A change of $50 means that rents changed 1.6% in a year.
That compares to the US national change of $5 in the past year or 0.3%.
Here's a look at the year over year change by month since 2011 for New York: