finance

New York Rents Jump to $3,200-$4,500 Across Boroughs in 2026

In 2026, median asking rents for one-bedroom apartments range from $3,200-$4,500 in Manhattan to $2,200-$2,800 in the Bronx and Bushwick, with the Bronx having the highest severe rent-burden rate.

By The Daily New York · Published July 24, 2026

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This article was written by AI from the linked sources and was not reviewed by a journalist before publishing. The Daily New York is part of The Daily Network and follows our reasonable editorial care.

New York Rents Jump to $3,200-$4,500 Across Boroughs in 2026 — Photo by Bevil, Henry H. / smithsonian_american_history_museum (cc0)

In 2026, median asking rents for a one-bedroom apartment range from $3,200-$4,500 in Manhattan, $2,800-$3,800 in Brooklyn, $2,400-$3,200 in Queens, and roughly $2,200-$2,800 in the Bronx and Bushwick areas of Brooklyn, according to [57].

Using actual paying rents, the Bronx has the lowest median at approximately $1,430 per month, followed by Staten Island ($1,600), Queens ($1,740), Brooklyn ($2,000), and Manhattan ($2,700), as reported in [57].

The Bronx has the highest severe rent-burden rate at 36.7% of households paying more than 50% of income on rent, while Manhattan has the lowest at 25.4%, according to [57].

NYC's overall cost of living index is 169-172.5, meaning it is 69-72.5% higher than the U.S. average, with housing costs 78% above the national average, as stated in [57].

Sources: perplexity-sonar.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.

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