Property prices for rent in New York region

The average rent price in the New York region has had a slight fall in recent months. There has been a fall in the rent prices in this region.

$4,456.5
Average price last 6 months
$4.50
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in New York has fallen in the last 6 months. During September, the average price per sq.feet was $4.88. The following month (October) the price rose to $5.53 per sq.feet. The following two months (November, December) went through a fall of 93 % 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 fall of 69 %. This has been obtained by comparing the price of $5.02 for the first four months of the sample with regard to the previous 4 months and the price of $3.46 per sq.feet for the last two months (January, February).

Average price

When referring to the price in New York(region), this has fallen considerably in the last 6 months. September has an average price of $5,308. During Octoberthe price had a slight fall till $4,873. The average price for the following two months (November, December) fell 92 % compared to the previous two. During the last two months the price has had a considerable fall of 74 % with respect to the previous four months going from $4,877 a $3,615.5.

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 6 % cheaper than the average price in New York followed by those with 2 with an average price of $3,951. The most expensive properties have 4 bedrooms. They are 168 % more expensive than the average followed by those properties with 3 bedrooms priced at $4,389.

Based on the average price per sq.feet those properties with 3 bedrooms are the most affordable ones with a price of $2.95 / sq.feet being $3.48 / sq.feet the average for New York. The properties with the highest average price are those with 1 bedroom. These are 20 % more expensive than the average followed by those with 4 bedrooms with a price of $3.57 / sq.feet.

Price per property type

The graph displaying the average rent price according to the property type shows "Commercial" as the most affordable one. With an average cost of $3,496 it is 39 % cheaper than the average in New York. This is followed by "House" with a cost of $3,161. The most expensive property type is "Townhouse" and is 591 % more costly than the average, followed by "Apartment" with a cost of $8,887.

Based upon the average cost per sq.feet the most affordable property type is "Commercial with a an average price of $1.85 / sq.feet, followed by "House" with a price of $3.03 / sq.feet. "Townhouse" with an average price of $8.08 / sq.feet is the most expensive type of property followed by "Apartment" at a price of $7.18 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in region New York
$3,496
$3.48
352,288
** 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
 22
Brand New Home In New York, Ny. 1 Bed, 1 Bath
$950,000
New York, New York - For Sale - Condo - 621 sq.feet - 1 bedroom - 1 bathroom
This new construction, quick delivery home is the 3a plan by toll brothers, and is located in the community of the rockwell at the rockwell #3a, new york, ny-10025...
Brand New Home In New York, Ny. 1 Bed, 1 Bath
 31
Brand New Home In New York, Ny. 1 Bed, 1 Bath
$1,125,000
New York, New York - For Sale - Condo - 743 sq.feet - 1 bedroom - 1 bathroom
This new construction, quick delivery home is the 4f plan by toll brothers, and is located in the community of the rockwell at the rockwell #4f, new york, ny-10025...
Brand New Home In New York, Ny. 2 Bed, 2 Bath
 28
Brand New Home In New York, Ny. 2 Bed, 2 Bath
$1,700,000
New York, New York - For Sale - Condo - 1,132 sq.feet - 2 bedrooms - 2 bathrooms
This new construction, quick delivery home is the 4h plan by toll brothers, and is located in the community of the rockwell at the rockwell #4h, new york, ny-10025...
Brand New Home In New York, Ny. 2 Bed, 2 Bath
 25
Brand New Home In New York, Ny. 2 Bed, 2 Bath
$2,155,000
New York, New York - For Sale - Condo - 1,160 sq.feet - 2 bedrooms - 2 bathrooms
This new construction, quick delivery home is the 10c plan by toll brothers, and is located in the community of the rockwell at the rockwell #10c, new york, ny-10025...
Brand New Home In New York, Ny. 1 Bed, 1 Bath
 24
Brand New Home In New York, Ny. 1 Bed, 1 Bath
$1,160,000
New York, New York - For Sale - Condo - 706 sq.feet - 1 bedroom - 1 bathroom
This new construction, quick delivery home is the 9b plan by toll brothers, and is located in the community of the rockwell at the rockwell #9b, new york, ny-10025...