Special Interest
Housing in New York County
Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.
Rent in New York County averages $2,197/month for a 2‑bedroom in 2024, compared to the New York median of $1,621 and the national median of $1,413. Local renters spend approximately 31% of household income on rent, below the national average of 32%.
HUD 2026 50th Percentile Rent Estimates for New York County FMR Area are $2,777 for a studio, $2,916 for 1‑bedroom, $3,196 for 2‑bedroom, $4,002 for 3‑bedroom, and $4,348 for 4‑bedroom.
HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $999 increase for a 2-bedroom in New York County shows a 45% rise over that period.
The U.S. Bureau of Labor Statistics annual unemployment rate for New York County was 4.8% in 2024, compared to New York at 4.3% and the national rate of 4.0%.
