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New York NY

Current market read
Landlord’s market
ConditionTight
RentersLandlords
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 Search InterestGOOGLE · MONTHLY
Rank
1of 43 metros
No change this month
See the full picture with Pro · $39/month

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 Jun 2026.
Job growthBLS · MONTHLY
+0.7%
▲ Hiring, past 12 months
JUL ’25JUN ’26
See the 12-month trend with Pro
VacancyCENSUS · 2024
3.8%TIGHT
Share of rentals sitting empty
Asking rentZILLOW ZORI · MONTHLY
+4.5%
▲ Year over year
Older annual rent growth, Census
NEW YORK
+4.9%
US AVG
+4.7%
Median rentCENSUS · 2024
$1,851/mo
Typical rent, 2024 yearly count
20162024
See the multi-year trend with Pro
In the news · New YorkNEWS · DAILY
NYC’s top construction permits: Heartfelt Townhouse Builders plans 685-unit housing complex in JamaicaTODAYHow 485x is distorting development and raising rents1D AGOFor-profit affordable housing operators see trouble, survey says1D AGOView all 8 with Pro · $39/month →
Demand vs supplyCENSUS + BLS
Weak demand
DEMAND
SUPPLY
DEMAND
Jobs+0.7%
Migration-7.37/1k
SUPPLY
Permits-25.9%
Vacancy3.8%
Rent vs buyFREDDIE MAC · WEEKLY
+$2,771/mo
Cheaper to rent than buying
$1,851
RENT
$4,622
OWN
Net migrationCENSUS · 2024
−7.37/1k
▼ Net outflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.