housing costs · New York
Housing costs in New York County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $2,197 | ± $25 | evidence → |
| 2019–2023 | $2,132 | ± $24 | evidence → |
| 2018–2022 | $2,024 | ± $24 | evidence → |
| 2017–2021 | $1,869 | ± $21 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,090,500 | ± $28,044 | evidence → |
| 2019–2023 | $1,108,900 | ± $26,350 | evidence → |
| 2018–2022 | $1,104,000 | ± $29,914 | evidence → |
| 2017–2021 | $1,008,500 | ± $27,973 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 29.1 % | ± 0.4 % | evidence → |
| 2019–2023 | 28.4 % | ± 0.3 % | evidence → |
| 2018–2022 | 28.4 % | ± 0.4 % | evidence → |
| 2017–2021 | 27.9 % | ± 0.3 % | evidence → |
In context
Median rent in New York County is $2,197, above the New York median of $986 across 62 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.
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