Property prices for rent in New York (New York)

The rent prices in real estate in New York, in the New York region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$6,796.67
Average price last 6 months
$7.02
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in New York has had a strong fall during the last 6 months. In December, the average price per sq.feet was $8.36. In the following month the price per sq.feet fell considerably to $6.89. The price for the following two months in (February, March) fell 88 % with regard to the previous two months. The price per sq.feet has fallen 93 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $7.17 to $6.7 during April, and May.

Average price

When referring to the price in New York (cities), this has risen considerably in the last 6 months. The average price during our first sample month during December, is $5,768. During January the price went through a considerable rise reaching $6,976. During the following two months (February, March) the average price had a considerable rise of 122 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $7,069 to $6,252 in April and May.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $6,292 they are 26 % more affordable than the average price for New York . The properties with the highest average price have 4 bedrooms, Their price is 82 % more expensive than the average. After that we have properties with 3 bedrooms priced at $11,434.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $6.2 / sq.feet, with an average $6.94 / sq.feet price in New York. The properties with the most expensive average prices have 3 bedrooms. They are 3 % more expensive than the average followed by properties with 2 bedrooms with a price at $7.11 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $6,292 it is 66 % more affordable than the average price in New York. "Condo" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "House". At a price of $9,102 it is 72 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $1.27 / sq.feet followed by "Townhouse" priced at $5.97 / sq.feet. "House" is the most expensive type of property with a $7.28 / sq.feet value followed by "Condo" with an average price of $6.84 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in New York
Number of properties used in region New York
$6,292
$6.94
48,666
292,460
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Parker Towers 1 Bedroom Apartment For Rent At 10420 Queens Blvd, New York, Ny 11375 Rego Park
 12
Parker Towers 1 Bedroom Apartment For Rent At 10420 Queens Blvd, New York, Ny 11375 Rego Park
$3,590
New York, New York - For Rent - Apartment - 782 sq.feet - 1 bedroom - 1 bathroom
Prices advertised are net effective rents, inclusive of any current promotions. Please contact us to find out more information on our current special offers...
Waterside Studio Apartment For Rent At 25 Waterside Plz, New York, Ny 10010 Kips Bay
 12
Waterside Studio Apartment For Rent At 25 Waterside Plz, New York, Ny 10010 Kips Bay
$3,595$3,610
New York, New York - For Rent - Apartment - 424 sq.feet - 1 bathroom
Spectacular water, plaza and city views.A variety of floor plans with room for everyone. Waterside is a waterfront community which sits on a two-acre...
Parker Towers 3 Bedroom Apartment For Rent At 10420 Queens Blvd, New York, Ny 11375 Rego Park
 12
Parker Towers 3 Bedroom Apartment For Rent At 10420 Queens Blvd, New York, Ny 11375 Rego Park
$4,995$5,140
New York, New York - For Rent - Apartment - 1,327 sq.feet - 3 bedrooms - 2 bathrooms
Prices advertised are net effective rents, inclusive of any current promotions. Please contact us to find out more information on our current special offers...
Waterside 2 Bedroom Apartment For Rent At 25 Waterside Plz, New York, Ny 10010 Kips Bay
 12
Waterside 2 Bedroom Apartment For Rent At 25 Waterside Plz, New York, Ny 10010 Kips Bay
$6,560
New York, New York - For Rent - Apartment - 1,013 sq.feet - 2 bedrooms - 2 bathrooms
Spectacular water, plaza and city views.A variety of floor plans with room for everyone. Waterside is a waterfront community which sits on a two-acre...
Parker Towers 2 Bedroom Apartment For Rent At 10420 Queens Blvd, New York, Ny 11375 Rego Park
 12
Parker Towers 2 Bedroom Apartment For Rent At 10420 Queens Blvd, New York, Ny 11375 Rego Park
$4,405
New York, New York - For Rent - Apartment - 940 sq.feet - 2 bedrooms - 1 bathroom
Prices advertised are net effective rents, inclusive of any current promotions. Please contact us to find out more information on our current special offers...