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New York NY
Covers New York, Newark and Jersey City.
Current market read
Landlord’s market
ConditionTight
The yearly data reads a landlord's market, and the recent monthly signals are tightening further.
From public data. The situation now, not a forecast.
Renter Google searchabout 60,500 searches in July 2026 · StudiosSee read →
Renter Google Search InterestGoogle · monthly
About 60,500 searches in July 2026, for New York on its own
What renters Google mostStudiosSee all →Attention, not a verdict. Google searches for apartments to rent.
Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Heating
Tightening lately, asking rents are climbing, as of Aug 2026.
VacancyCENSUS · 2024
Share of rentals sitting empty. Yearly Census backdrop, not what sets the condition.
Asking rentZILLOW · MONTHLY
+4.1%
▲ Year over year
SEP ’24AUG ’26
Census 2024: +4.9% · US avg +5.2%
Median rentCENSUS · 2024
$1,851/mo
Typical rent, 2024 yearly count
In the news · New YorkNEWS · DAILY
Latest local coverage, yesterday.● softer● neutral● firmer
Nothing is stopping office-to-resi conversions in NYC“There’s just not enough”: Declining inventory drives up competition for NYC homesMayor Mamdani's uphill climb on housing, childcare goalsView all 8 New York news →Demand vs supplyCENSUS + BLS
Weak demand
DEMAND
Jobs+0.5%
Migration 2025-8.36/1k
SUPPLY
Permits 2025-25.9%
Vacancy 20243.7%
Rent vs buyFREDDIE MAC · WEEKLY
+$2,927/mo
Cheaper to rent than buying
rent $1,851 · own $4,778
$1,851RENT
$4,778OWN
Net migrationCENSUS · 2025
−8.36/1k
▼ Net outflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.