Rentometer, Inc. | Data as of 12/05/2025
New York’s rental market offers a diverse array of housing choices, from vibrant city apartments to spacious suburban homes. Whether you’re drawn to the iconic skyline of Manhattan, the historic streets of Albany, the lakeside charm of Buffalo, or the growing tech corridors of Rochester, each region provides distinct lifestyle benefits and easy access to world‑class education, cultural institutions, and transportation hubs. The state’s blend of bustling metropolitan areas and tranquil upstate communities makes it an appealing destination for professionals, families, and students alike.
Apartment rents in New York tend to cluster in recognizable ranges: studio units typically fall in the $2,900s, while one‑bedroom apartments often rent between the $2,700 and $3,100 mark. Two‑bedroom apartments commonly reach the high $3,800s, and three‑bedroom units approach the $5,000‑$5,200 range, with larger four‑plus bedroom units extending into the $7,000s. For those seeking a house, studio‑style homes are generally priced around $2,500‑$2,600, one‑bedroom houses near $1,800, and two‑bedroom homes in the $2,200‑$2,300 range. Larger family homes, including three‑ and four‑plus bedroom houses, commonly command rents in the $3,200‑$5,200 spectrum, reflecting the premium of spacious layouts and private yards.
The state’s rental landscape is shaped by strong demand for modern amenities, proximity to major employers, and vibrant local culture. Neighborhoods such as Brooklyn’s Williamsburg, Queens’ Long Island City, and the Hudson Valley’s charming towns attract renters who prioritize walkability, dining, and green spaces. As remote work continues to influence living preferences, many tenants are exploring more affordable upstate options without sacrificing quality of life, further balancing the market across New York’s varied regions.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $2,918 | $2,795 | $800 - $5,895 | $1,800 - $3,995 |
| Apartment | 1 Bedroom | $3,103 | $2,725 | $600 - $9,995 | $1,655 - $4,075 |
| Apartment | 2 Bedroom | $3,535 | $3,048 | $750 - $10,595 | $1,700 - $4,300 |
| Apartment | 3 Bedroom | $3,829 | $3,400 | $800 - $12,500 | $2,038 - $4,450 |
| Apartment | 4+ Bedroom | $5,054 | $3,950 | $635 - $17,570 | $3,250 - $7,495 |
| House | 1 Bedroom | $2,030 | $1,900 | $1,800 - $2,400 | $1,900 - $2,150 |
| House | 2 Bedroom | $2,658 | $1,950 | $1,000 - $9,500 | $1,400 - $3,000 |
| House | 3 Bedroom | $2,522 | $2,100 | $650 - $6,000 | $1,700 - $3,500 |
| House | 4+ Bedroom | $6,073 | $3,350 | $525 - $40,000 | $2,300 - $7,500 |
In the current period, the average rent in New York was $2,903 for Studio, $3,066 for 1 Bedroom, $3,419 for 2 Bedroom, $3,169 for 3 Bedroom, and $4,858 for 4+ Bedroom.
Data provided by Rentometer, Inc.