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New York NY Apartment Market Read
Covers New York, Newark and Jersey City.
Current market read
Landlord’s market
ConditionTight
The yearly data reads a landlord's market, and the monthly figures, asking rents and jobs are heating up further.
From public data. The situation now, not a forecast.
Renter Google searchabout 60,500 searches in August 2026 · StudiosSee read →
Renter Google Search InterestGoogle · monthly
About 60,500 searches in August 2026, for New York on its own
What renters Google mostStudiosSee all →Attention, not a verdict. Google searches for apartments to rent.
METROSGNL PRO
We watch New York for you.
The day asking rent growth (now +4.1%) or job growth (now +0.2%) moves half a point, you get an email. Plus two years of history and the report.
Track New York, $39/monthCancel anytime. Every market read stays free.
Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Heating
Asking rents are climbing (September 2026).
Job growthBLS · SEPTEMBER 2026, PRELIMINARY
+0.2%
▲ Hiring, past 12 months
Job growth · 12 months
Oct 2025 to Sep 2026, with Pro
VacancyCENSUS · 2024
Share of rentals sitting empty. A yearly count, last taken 2024, not what sets the condition.
Asking rentZILLOW · MONTHLY
$3,516 a month
September 2026, ▲ up 4.1% on September 2025
Data Provided by Zillow Group
Asking rent · 24 months
Oct 2024 to Sep 2026, with Pro
Census 2024: +4.9% · US avg +4.6%
Median rentCENSUS · 2024
$1,851/mo
Typical rent. A yearly count, last taken 2024
Median rent · 8 yearly counts
2017 to 2025, no 2020, with Pro
In the news · New YorkNEWS · DAILY
Latest local coverage, today. softer neutral firmer
NY Dirt: Is third-party litigation financing affecting New York insurance?New York City Apartment Rents Reach Record Highs: ReportOops: Mamdani’s rent freeze is choking NYC’s affordable housingView all 8 New York news →Demand vs supplyCENSUS + BLS
Weak demand
DEMAND
Jobs+0.2%
Migration 2025−8.4/1k
SUPPLY
Permits 2025-26%
Vacancy 20243.7%
Rent vs buyWEEKLY RATE · 2024 RENT
+$3,435/mo
Cheaper to rent than buying
rent $1,851 · own $5,286
$1,851RENT
$5,286OWN
Domestic migrationCENSUS · 2025
−8.4/1k
▼ More people left for other US places than moved in. A yearly count, last taken 2025.
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.