MarketsNew York
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New York skyline

New York NY

Covers New York, Newark and Jersey City.
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 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.
Job growthBLS · MONTHLY
+0.5%
Hiring, past 12 months
VacancyCENSUS · 2024
3.7%2024 COUNT
Share of rentals sitting empty. Yearly Census backdrop, not what sets the condition.
Asking rentZILLOW · MONTHLY
+4.1%
Year over year
Census 2024: +4.9% · US avg +5.2%
Median rentCENSUS · 2024
$1,851/mo
Typical rent, 2024 yearly count
Demand vs supplyCENSUS + BLS
Weak demand
DEMAND
SUPPLY
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
$1,851
RENT
$4,778
OWN
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.