Property prices for rent in New York region

The average rent price in the New York region has had an strong rise in recent months. There has been a strong rise in the rent prices in this region.

$3,146.83
Average price last 6 months
$16.01
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in New York has risen considerably in the last 6 months. During August, the average price per sq.feet was $10.58. The following month (September) the price had a considerable fall reaching $4.2 per sq.feet. In the following two months (October, November) the rent price per sq.feet has increased notably to a 166 %. In the last two months, the price per sq.feet has had a significant rise of 289 %. This has been obtained by comparing the price of $9.82 for the first four months of the sample with regard to the previous 4 months and the price of $28.39 per sq.feet for the last two months (December, January).

Average price

When referring to the price in New York(region), this has risen in the last 6 months. The average rent price in August is $2,940. In September the price rose to $3,235. In the following two months the average price practically remained the same compared to the previous two going from $3,087.5 to $3,023. During the last two months the price has gone up 109 % compared to the previous average values going from $3,055.25 a $3,330 in December y January.

Average price per bedrooms

The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 14 % cheaper than the average price in New York followed by those with 2 with an average price of $3,612. The most expensive properties have 4 bedrooms. They are 105 % more expensive than the average followed by those properties with 3 bedrooms priced at $3,847.

Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $10.52 / sq.feet being $43.68 / sq.feet the average for New York. The properties with the lowest average price are those with 1 bedroom. These are 8 % more affordable than the average followed by those with 3 bedrooms with a price of $26.66 / sq.feet.

Price per property type

The graph displaying the average rent price according to the property type shows "Office" as the most affordable one. With an average cost of $3,447 it is 39 % cheaper than the average in New York. This is followed by "Condo" with a cost of $2,680. The most expensive property type is "Apartment" and is 34 % more costly than the average, followed by "Commercial" with a cost of $3,923.

Based upon the average cost per sq.feet the most affordable property type is "Office with a an average price of $2 / sq.feet, followed by "Commercial" with a price of $2.39 / sq.feet. "Townhouse" with an average price of $133.91 / sq.feet is the most expensive type of property followed by "House" at a price of $55.53 / sq.feet.

Charts data
Average price January
Average price per sq.feet January
Number of properties used in region New York
$3,447
$43.68
154,230
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Brand New Home In New York, Ny. 3 Bed, 3 Bath
 29
Brand New Home In New York, Ny. 3 Bed, 3 Bath
$4,425,000
New York, New York - For Sale - Condo - 1,972 sq.feet - 3 bedrooms - 4 bathrooms
This new construction, quick delivery home is the n14a plan by toll brothers, and is located in the community of the 77 charlton at 77 charlton #n14a, new york, ny-10013...
Brand New Home In New York, Ny. 3 Bed, 2 Bath
 38
Brand New Home In New York, Ny. 3 Bed, 2 Bath
$5,190,000
New York, New York - For Sale - Condo - 2,097 sq.feet - 3 bedrooms - 3 bathrooms
This new construction, quick delivery home is the ph5 plan by toll brothers, and is located in the community of the 91 leonard at 91 leonard #ph5, new york, ny-10013...
Brand New Home In New York, Ny. 5 Bed, 5 Bath
 39
Brand New Home In New York, Ny. 5 Bed, 5 Bath
$10,995,000
New York, New York - For Sale - Condo - 3,798 sq.feet - 5 bedrooms - 6 bathrooms
This new construction, quick delivery home is the n1304 plan by toll brothers, and is located in the community of the 121 east 22nd at 121 east 22nd #n1304, new york...
Brand New Home In New York, Ny. 4 Bed, 4 Bath
 45
Brand New Home In New York, Ny. 4 Bed, 4 Bath
$8,990,000
New York, New York - For Sale - Condo - 3,080 sq.feet - 4 bedrooms - 5 bathrooms
This new construction, quick delivery home is the ph2 plan by toll brothers, and is located in the community of the 91 leonard at 91 leonard #ph2, new york, ny-10013...
Brand New Home In New York, Ny. 1 Bed, 1 Bath
 41
Brand New Home In New York, Ny. 1 Bed, 1 Bath
$1,825,000
New York, New York - For Sale - Condo - 780 sq.feet - 1 bedroom - 1 bathroom
This new construction, quick delivery home is the n1004 plan by toll brothers, and is located in the community of the 121 east 22nd at 121 east 22nd #n1004, new york...