Data / Median gross rent (monthly) / New York

Median gross rent (monthly) in New York

Median gross rent (monthly) in New York was $1,621 in 2024, according to the U.S. Census Bureau. That is up 2.9% from 2023. That is the 10th highest of 51 states in 2024.

2024, USD1,621
Change on 2023+2.9%
Rank10th of 51US states ranked
Series high1,6212024
Series low1,3902021

Median gross rent (monthly) in New York, 2021 to 2024

CSVChart (SVG)

1,3501,4001,4501,5001,5501,6001,65020212022202320242021: 1,390 USD2022: 1,507 USD2023: 1,576 USD2024: 1,621 USD
USD. Source: U.S. Census Bureau. Retrieved 2026-10-09, published 2026-01-29.
All 4 values
PeriodUSD
20241,621
20231,576
20221,507
20211,390

Compared with United States

Place2024
New York1,621
United States1,413

Rankings

Definition

Monthly gross rent of renter-occupied housing units paying cash rent, at the middle of the distribution, in US dollars of the last year of the period. Gross rent is the contract rent plus the estimated cost of utilities and fuels paid by the renter. United States: American Community Survey five-year estimate, where the period shown is the last year of the five-year span.

A median, not an average, of what all renters pay, including long-standing leases, so it is lower than asking rents for new listings. Medians outside the published range are coded 99 (under 100) or 3,501 (3,500 or more) and marked as estimated.

How to cite

U.S. Census Bureau. American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25064.dat. Retrieved 2026-10-09.

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Questions

What is the median gross rent (monthly) in New York?

Median gross rent (monthly) in New York was $1,621 in 2024, according to the U.S. Census Bureau. That is up 2.9% from 2023. That is the 10th highest of 51 states in 2024.

Where does this figure come from?

U.S. Census Bureau. American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent. Retrieved by Invokely on 2026-10-09.

What was the highest median gross rent (monthly) in New York?

$1,621 in 2024, the highest value since 2021 in this series.

More statistics for New York

All statistics for New York