January 2026 Rent Report

January 2026 Market Data

Summary

January 2026 saw 17,412 new rental listings across New York City, the highest monthly total since August 2025 (24,228). Citywide median asking rent was $3,550, up slightly from $3,500 in December.

Across the 145 neighborhoods with enough data to compare, the median month-over-month rent change was +2%. The largest price swings came from smaller markets: Saint George dropped 53% (likely a data outlier at low volume), while Noho jumped 39%.

The full dataset behind this report, 17,412 individual listings with 34 columns each, is available for free on the Open Data page.

By Bedroom Count

TypeListingsMedian Rent
Studio2,873$3,100
1 Bedroom6,991$3,427
2 Bedroom5,359$3,995
3 Bedroom1,816$4,000

One-bedrooms made up 40% of all listings. The gap between studios ($3,100) and one-bedrooms ($3,427) is $327/month, or about 10.5%. Two- and three-bedrooms clustered closely at $3,995 and $4,000. The per-person cost on a 3BR is significantly lower than a studio.

Median Rent Over Time

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Median rent peaked at $3,800 in August 2025 during the summer rental rush, then declined through the fall as seasonal demand cooled. January's $3,550 marks the first uptick since that peak, likely driven by new inventory rather than a demand shift. More units means more price points pulling the median in different directions.

Listing Volume by Neighborhood

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Top 20 Neighborhoods by Volume

The 20 neighborhoods with the most new listings in January 2026, with month-over-month median rent changes compared to December 2025.

#NeighborhoodListingsMedian RentMoM
1Williamsburg683$4,6000%
2Bushwick655$3,439+1%
3Flatbush528$2,975+3%
4Astoria523$2,9950%
5Hell's Kitchen472$4,4950%
6Crown Heights414$3,5000%
7Upper West Side388$4,564+2%
8East Village378$4,738+8%
9Stuyvesant Heights367$3,150+1%
10Yorkville358$4,138+7%
11Hunters Point355$4,5000%
12Bedford-Stuyvesant313$3,300-3%
13Downtown Brooklyn310$4,759+8%
14Lenox Hill310$3,898-12%
15Greenpoint293$4,726+6%
16Financial District261$4,595-3%
17Murray Hill248$4,4500%
18West Village234$5,295+4%
19Chelsea229$5,195+4%
20Lincoln Square202$5,364+1%

Biggest Price Movements

Among neighborhoods with at least 10 listings in both December and January:

Largest drops: Saint George (-53%), Sheepshead Bay (-16%), Wingate (-15%), Red Hook (-14%), Riverdale (-14%)

Largest increases: Noho (+39%), Secaucus (+27%), Glendale (+25%), Vinegar Hill (+24%), Cliffside Park (+21%)

Most of these are low-volume neighborhoods where a handful of luxury or below-market listings can swing the median. In the top 20 by volume, price movements were more stable, generally between -3% and +8%.