The median monthly asking rent of single family homes and apartments in Manhattan, New York plummeted in 2020, following the coronavirus (COVID-19) pandemic outbreak. The average rent in Upper East Side fell to ***** U.S. dollars, only to surge in the next two years. In 2024, a residential property in Downtown Manhattan had an average rent of nearly ***** U.S. dollars.

The median rent for one- and two-bedroom apartments in New York City, NY, exceeded ***** U.S. dollars at the beginning of 2025. Rents soared during the COVID-19 pandemic rising by over ** percent in December 2021. Rental growth slowed in the following three years but remained positive. In January 2025, rents increased by *** percent year-on-year.Among the different states in the U.S., New York ranks as one of the most expensive rental markets.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Owners' Equivalent Rent of Residences in New York-Newark-Jersey City, NY-NJ-PA (CBSA) (CUURA101SEHC) from Dec 1982 to Jun 2025 about CT, NJ, New York, rent, PA, NY, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

The median monthly asking rent of single family homes and apartments in Queens, New York peaked at ***** U.S. dollars in June 2023. Due to the coronavirus (COVID-19) crisis, rental rates fell slightly in 2020, only to surge in the next two years and half.

Graph and download economic data for All Employees: Real Estate and Rental and Leasing in New York (SMU36000005553000001A) from 1990 to 2024 about leases, rent, real estate, NY, employment, and USA.

Price to Rent Ratio in the United States increased to 134.20 in the fourth quarter of 2024 from 133.60 in the third quarter of 2024. This dataset includes a chart with historical data for the United States Price to Rent Ratio.

This special topic poll sought the views of New York City residents on rent control and rent stabilization regulations in New York City. Those queried were asked for their opinions on government regulation of the prices that businesses can charge for goods and services and to comment on rent control systems in New York City, including whether these laws should be changed, whether rent controls should be abandoned when a tenant's income rises above a certain level, whether the controls should be abandoned when a tenant moves out of the apartment, and whether renters in the city were paying too much or too little in rent. Those queried were asked what they believed would happen if the rent controls were abolished, including a possible rise in rental costs, and construction of apartment buildings in the city. A series of additional questions addressed the topic of men's and women's bathing suits. Topics covered whether modern bathing suits were too revealing, whether the respondent intended to wear a bathing suit in public during the summer, how the respondent would describe his/her appearance while wearing a bathing suit, and whether women should be allowed to go topless at public beaches. Background information on respondents includes age, race, ethnicity, sex, education, political party, family income, and whether the respondent owned or rented his/her residence.

Graph and download economic data for All Employees: Financial Activities: Real Estate and Rental and Leasing in New York City, NY (SMU36935615553000001) from Jan 1990 to Jun 2025 about leases, New York, rent, real estate, NY, employment, and USA.

After peaking in 2023, the average rent for industrial real estate for warehouse distribution use in New York City Metro declined. In the first quarter of 2024, the average rent was ***** U.S. dollars per square foot. Despite the decrease, this was notably higher than 2017, when it amounted to **** U.S. dollars. New York City Metro is one of the leading markets in the U.S. in terms of industrial and logistic state inventory.

In 2024, New York, NY, was the most expensive rental market for one-bedroom apartments in the United States. The median monthly rental rate of an apartment in New York was 4,280 U.S. dollars, while in San Francisco, CA which ranked second highest, renters paid on average 3,160 U.S. dollars.

Comprehensive data on average rents, vacancy rates, and market trends for New York State apartments in 2025.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Services Less Rent of Shelter in New York-Newark-Jersey City, NY-NJ-PA (CBSA) (CUURA101SASL2RS) from Dec 1982 to Jun 2025 about shelter, CT, NJ, New York, rent, PA, NY, urban, consumer, services, CPI, inflation, price index, indexes, price, and USA.

This statistic presents the prime office rent index for New York from 2006 to 2013 and a forecast thereof until 2019. The index value was equal to 100 in 2006 and the index values in the following years represent the change of prime office rent price. The value of prime office rent index in New York amounted to ***** in 2013 and it was projected to increase to ***** in 2019.

The Department of Finance (DOF) is required by NY State law to value condominiums or cooperatives as if they were residential rental apartment buildings. DOF uses income information from rental properties similar in physical features and location to the condominiums or cooperatives. DOF applies this income data to the condominium or cooperative to determine its value in the same way DOF values rental apartment buildings. This report includes information at a condominium suffix level which represents a subdivision of the condominium since DOF values condominiums at a suffix level. A condominium may have more than one suffix.

This data set contains the reports from 2012-2018.

Dividends, Interest and Rent in New York was 347333.90000 Thous. of $ in January of 2025, according to the United States Federal Reserve. Historically, Dividends, Interest and Rent in New York reached a record high of 347333.90000 in January of 2025 and a record low of 3222.20000 in April of 1948. Trading Economics provides the current actual value, an historical data chart and related indicators for Dividends, Interest and Rent in New York - last updated from the United States Federal Reserve on July of 2025.

In 2024, a two-bedroom apartment in New York HMFA cost about ***** U.S. dollars in fair monthly rent, making it the most expensive metropolitan area in New York. Nassau-Suffolk HMFA ranked second most expensive with monthly rent of over ***** U.S. dollars for a two-bedroom apartment. On the other hand, Utica-Rome MSA and Yates County HMFA were the least costly, requiring renters to spend at least *** and 1066 U.S. dollars, respectively in monthly rent for a two-bedroom apartment. These rents were higher than the monthly rent required for a two bedroom apartment in Florida in 2024.

New York-Northern New Jersey-Long Island, NY-NJ-CT-PA (CMSA) - Consumer Price Index for All Urban Consumers: Rent of Primary Residence in New York-Newark-Jersey City, NY-NJ-PA (CBSA) was 481.44500 Index 1982-84=100 in March of 2025, according to the United States Federal Reserve. Historically, New York-Northern New Jersey-Long Island, NY-NJ-CT-PA (CMSA) - Consumer Price Index for All Urban Consumers: Rent of Primary Residence in New York-Newark-Jersey City, NY-NJ-PA (CBSA) reached a record high of 481.44500 in March of 2025 and a record low of 18.90000 in December of 1915. Trading Economics provides the current actual value, an historical data chart and related indicators for New York-Northern New Jersey-Long Island, NY-NJ-CT-PA (CMSA) - Consumer Price Index for All Urban Consumers: Rent of Primary Residence in New York-Newark-Jersey City, NY-NJ-PA (CBSA) - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for Real Gross Domestic Product: Real Estate and Rental and Leasing (53) in New York (NYRERENTLEARQGSP) from Q1 2005 to Q1 2025 about leases, finance, insurance, rent, real estate, GSP, private industries, NY, private, real, industry, GDP, and USA.

The online apartment rental services industry is experiencing significant growth because of the booming apartment supply, with over half a million new rental units completed in 2024. Major cities like New York, Dallas and Austin are leading the way in this surge, causing an influx of new, predominantly high-end rental units. As a result, there is increased competition among property managers and a need for more effective digital marketing strategies to reach potential renters. This accelerated growth is predominantly benefiting online rental services, which have seen a climb in listings that, in turn, drive more traffic as renters seek opportunities and deals in markets with slowing rent growth. Overall, industry-wide revenue has climbed at a CAGR of 7.7% to $928.1 million through the end of 2025, including an 8.6% gain in 2025 alone, when profit is expected to reach 23.8%. Leading organizations, such as Zillow and Redfin, are taking advantage of this trend by forming partnerships to expand their listing networks and reach. The consolidation of these digital platforms means renters can access a broader range of apartment listings, streamlining their search process and increasing market transparency. Meanwhile, property marketers are presented with simplified operations and increased marketing leads because of enhanced exposure across major rental platforms. However, smaller markets and affordable housing are not receiving the same benefits, signaling a need for more targeted digital marketing and search tools. The online apartment rental services industry is set to face a shift from oversupply to scarcity by the end of 2030. As apartment construction slows because of high borrowing costs, tighter lending standards and rising project costs, there will be a greater demand for platforms that can help landlords maximize occupancy and optimize rents in a tightening market. To meet this demand, innovations in technology, such as predictive analytics, dynamic pricing and personalized renter experiences, will become a necessity. Amid these changes, the industry is also likely to see a gain in demand for single-family rentals, creating new opportunities for digital platforms to expand their offerings and capture a larger market share. Industry revenue will strengthen at a CAGR of 9.0% to $1.4 billion in 2030.

The Unit Income Rent data table includes the number of bedrooms disaggregated by maximum allowable household income and initial legal and actual rents for each building in a Local Law 44 Housing Development Project. This information is reported pursuant to Local Law 44 of 2012, and is part of the Housing Projects Receiving City Financial Assistance (Local Law 44) collection of data tables.