New York, NY

Metro area in New York · Updated Jan 2026

12-Month Forecast ↑ +1.2%

Median Home Value

$703,126

↑ +3.5%

Year-over-year

Median Rent

$3,232/mo

↑ +4.3%

Year-over-year

Rental Yield

5.5%

Good for investors

5-Year Appreciation

+32.4%

Income Needed to Buy

$193,649

20% down, 30% DTI max

Active Listings

38,066

For-sale inventory

Price-to-Rent Ratio

18.1

Neutral market

Price Forecast

1 Month

↑ +0.3%

3 Months

↑ +0.8%

12 Months

↑ +1.2%

5-Year Price Trend

Calculate your mortgage for New York, NY

See monthly payments for a $703,126 home →

Should you rent or buy in New York, NY?

Price-to-rent ratio: 18.1x — It depends on your timeline. Run a full breakeven analysis with New York, NY numbers pre-filled →

Frequently Asked Questions