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.

$3,266.17
Average price last 6 months
$35.89
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 March, the average price per sq.feet was $27.39. The following month (April) the price rose to $30.16 per sq.feet. The following two months (May, June) went through a considerable fall of 72 % in the rent price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant rise of 235 %. This has been obtained by comparing the price of $24.75 for the first four months of the sample with regard to the previous 4 months and the price of $58.17 per sq.feet for the last two months (July, August).

Average price

When referring to the price in New York(region), this has risen in the last 6 months. The average rent price in March is $3,125. In April the price rose to $3,306. The average price for the following two months (May, June) rose from $3,215.5 to $3,427.5. During the last two months the average price has not gone through any changes and has gone from $3,321.5 to $3,155.5 during July and August.

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 12 % cheaper than the average price in New York followed by those with 2 with an average price of $3,268. The most expensive properties have 4 bedrooms. They are 98 % more expensive than the average followed by those properties with 3 bedrooms priced at $3,622.

Based on the average price per sq.feet those properties with 3 bedrooms are the most affordable ones with a price of $33.74 / sq.feet being $46.19 / sq.feet the average for New York. The properties with the highest average price are those with 1 bedroom. These are 44 % more expensive than the average followed by those with 4 bedrooms with a price of $56.7 / sq.feet.

Price per property type

The graph displaying the average rent price according to the property type shows "" as the most affordable one. With an average cost of $3,081 it is 32 % cheaper than the average in New York. This is followed by "Apartment" with a cost of $2,896. The most expensive property type is "Townhouse" and is 29 % more costly than the average, followed by "Condo" with a cost of $3,199.

Based upon the average cost per sq.feet the most affordable property type is "Apartment with a an average price of $3.66 / sq.feet, followed by "Condo" with a price of $43.92 / sq.feet. "House" with an average price of $90.1 / sq.feet is the most expensive type of property followed by "Townhouse" at a price of $90 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in region New York
$3,081
$46.19
119,106
** 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. 1 Bed, 1 Bath
 73
Brand New Home In New York, Ny. 1 Bed, 1 Bath
$1,725,000
New York, New York - For Sale - Condo - 846 sq.feet - 1 bedroom - 1 bathroom
This new construction, quick delivery home is the 12b plan by toll brothers, and is located in the community of the 91 leonard at 91 leonard #12b, new york, ny-10013...
Brand New Home In New York, Ny. 2 Bed, 2 Bath
 73
Brand New Home In New York, Ny. 2 Bed, 2 Bath
$2,620,000
New York, New York - For Sale - Condo - 1,674 sq.feet - 2 bedrooms - 3 bathrooms
This new construction, quick delivery home is the 4g plan by toll brothers, and is located in the community of the 91 leonard at 91 leonard #4g, new york, ny-10013...
Brand New Home In New York, Ny. 3 Bed, 3 Bath
 51
Brand New Home In New York, Ny. 3 Bed, 3 Bath
$6,675,000
New York, New York - For Sale - Condo - 2,422 sq.feet - 3 bedrooms - 4 bathrooms
This new construction, quick delivery home is the s1101 plan by toll brothers, and is located in the community of the 121 east 22nd at 121 east 22nd #s1101, new york...
Brand New Home In New York, Ny. 3 Bed, 3 Bath
 81
Brand New Home In New York, Ny. 3 Bed, 3 Bath
$7,990,000
New York, New York - For Sale - Condo - 2,679 sq.feet - 3 bedrooms - 4 bathrooms
This new construction, quick delivery home is the ph3 plan by toll brothers, and is located in the community of the 91 leonard at 91 leonard #ph3, new york, ny-10013...
Brand New Home In New York, Ny. 3 Bed, 3 Bath
 82
Brand New Home In New York, Ny. 3 Bed, 3 Bath
$4,010,000
New York, New York - For Sale - Condo - 1,936 sq.feet - 3 bedrooms - 4 bathrooms
This new construction, quick delivery home is the 12c plan by toll brothers, and is located in the community of the 91 leonard at 91 leonard #12c, new york, ny-10013...