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RE Intelligence

Rental numbers for New York County, NY

The typical home here runs -$4,514 a month at 7.78% with 25% down. 0 of 43 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.1%.

Gross yield
4.7%
typical home, Zillow
Median ZIP yield
5.1%
43 ZIPs with full data
Cash flow
-$4,514/mo
at 7.78%, 25% down
Typical price
$1,223,000
Zillow ZHVI, Aug 2026
Typical rent
$4,818/mo
Zillow ZORI, Aug 2026

ZIP codes in New York County

43 with published figures

10280New York$789,000$5,2718.0%4.7%-$1,156+4.9%
10031New York$534,000$3,2007.2%4.1%-$1,049+4.8%
10017New York$763,000$4,5347.1%3.6%-$1,802+5.7%
10040New York$491,000$2,8136.9%3.8%-$1,108+5.5%
10016New York$924,000$5,2256.8%3.6%-$2,215+5.4%
10032New York$554,000$3,1266.8%3.6%-$1,318+4.9%
10034New York$459,000$2,5826.8%3.5%-$1,135+2.1%
10033New York$607,000$3,2046.3%3.4%-$1,566+6.3%
10039New York$635,000$3,2756.2%3.1%-$1,755+6.3%
10037New York$575,000$2,8566.0%2.9%-$1,699n/a
10002New York$963,000$4,7565.9%3.2%-$2,603+7.8%
10036New York$969,000$4,7525.9%2.9%-$2,903+4.0%
10027New York$801,000$3,9185.9%3.1%-$2,239+3.3%
10009New York$1,050,000$5,0315.8%2.4%-$3,548+7.1%
10006New York$1,047,000$4,9955.7%2.9%-$3,126+7.7%
10029New York$754,000$3,5625.7%2.7%-$2,387+5.8%
10035New York$703,000$3,3155.7%3.0%-$2,006+6.8%
10044New York$917,000$4,3255.7%3.2%-$2,497+3.2%
10022New York$1,140,000$5,0925.4%2.6%-$3,681+5.9%
10005New York$1,101,000$4,7245.1%2.6%-$3,561+6.9%
10030New York$705,000$3,0285.1%2.5%-$2,340+6.3%
10026New York$859,000$3,6785.1%2.8%-$2,640+4.4%
10025New York$1,118,000$4,7485.1%2.4%-$3,829+5.0%
10010New York$1,296,000$5,3985.0%2.2%-$4,570+5.4%
10004New York$1,214,000$5,0004.9%2.5%-$4,048+7.0%
10019New York$1,200,000$4,8754.9%2.2%-$4,242+4.6%
10018New York$1,308,000$5,1554.7%2.0%-$4,856+2.8%
10003New York$1,410,000$5,2674.5%1.9%-$5,394+7.6%
10011New York$1,629,000$5,8984.3%1.8%-$6,307+5.1%
10128New York$1,216,000$4,2304.2%1.8%-$4,753+6.3%
10023New York$1,427,000$4,9394.2%1.7%-$5,617+5.0%
10282New York$2,178,000$7,5134.1%2.0%-$8,074+8.6%
10014New York$1,863,000$6,1694.0%1.6%-$7,586+8.2%
10001New York$1,734,000$5,7064.0%0.9%-$8,026+4.7%
10075New York$1,204,000$3,9634.0%1.3%-$5,218+6.6%
10069New York$1,914,000$6,1173.8%1.7%-$7,543+3.9%
10065New York$1,671,000$4,8333.5%1.2%-$7,332+7.7%
10024New York$1,571,000$4,5023.4%1.3%-$6,794+7.0%
10007New York$3,102,000$8,7613.4%1.4%-$13,115+3.7%
10021New York$1,477,000$4,1723.4%1.1%-$6,619+7.8%
10028New York$1,439,000$4,0193.4%1.1%-$6,372+6.5%
10012New York$2,794,000$5,2742.3%0.3%-$14,407+8.0%
10013New York$3,616,000$6,5002.2%0.3%-$18,503+7.8%

Trends

Five years to August 2026

Price, 12 months
+3.0%
Rent, 12 months
+5.8%
Rent minus price growth
+2.7 pts
Property tax
0.92%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
8010012014016020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$1,370,843$3,406
Aug 2022$1,459,948$4,036
Aug 2023$1,210,143$4,140
Aug 2024$1,167,422$4,266
Aug 2025$1,186,890$4,556
Aug 2026$1,223,135$4,818

HUD Fair Market Rent

FY2027, New York, NY HUD Metro FMR Area

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$2,593$2,729$2,971$3,760$4,121

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
4.0
3,112 units, last 12 months
National percentile
42th
among US counties

Tools

Test a listing in New York County against today's rate.

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Part of the New York, NY metro.

Questions

Is New York County good for rental property?
The typical home here runs -$4,514 a month at 7.78% with 25% down. 0 of 43 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.1%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in New York County?
About 0.92% of value, from Census ACS median taxes paid over median home value. On a $1,223,000 home that is about $11,216 a year.
What is Fair Market Rent in New York County?
HUD's FY2027 Fair Market Rent here is $2,729 for a 1-bedroom, $2,971 for a 2-bedroom and $3,760 for a 3-bedroom. Typical cash flow at today's rate is -$4,514 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.