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Home›Real Estate›Residential›NYC Median Apartment Rents Reach Record High

NYC Median Apartment Rents Reach Record High

The median asking rent for New York City apartments reached a record $3,785 in the third quarter of 2026, up $162, or 4.5%, from a year ago, while buying a median-priced home cost $6,952 more per month than renting. With mortgage rates above 7%, the estimated monthly cost of that home would rise to about ... The post NYC Median Apartment Rents Reach Record High appeared first on Connect CRE .

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