What is the median home price in New York?

The median home value in New York is $420,200 — 19% above the US median of $351,822 (Census ACS 2023). New York ranks #12 of 51 for home prices.

What is the average rent in New York?

The median gross rent in New York is $1,561 per month — 20% above the US median of $1,300.

For housing, New York ranks #12 of 51 by home price and #13 by rent (1 = most expensive). Use our cost-of-living tools to compare total living costs.

Housing · Census ACS 2023

Median home price

$420,200

#12 of 51 · 19% above US median

Median rent

$1,561/mo

#13 of 51 · 20% above US median

What is the median home price in New York?: The median home value in New York is $420,200 — 19% above the US median of $351,822 (Census ACS 2023). New York ranks #12 of 51 for home prices.
What is the average rent in New York?: The median gross rent in New York is $1,561 per month — 20% above the US median of $1,300.
Is New York expensive to live in?: For housing, New York ranks #12 of 51 by home price and #13 by rent (1 = most expensive). Use our cost-of-living tools to compare total living costs.

Data source: U.S. Census Bureau — American Community Survey (ACS) 1-Year Estimates. See all states ranked or our methodology.

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