July 2026 Rent Report

July 2026 Market Data

Summary

July 2026 recorded 25,442 new rental listings in New York City, only 61 fewer than June. Citywide median asking rent reached $4,000 for the first time in 2026, but the $5 monthly increase was effectively flat. Renters saw another month of high summer inventory without broad citywide price relief.

Across 158 neighborhoods with comparable data, the median month-over-month rent change was +0.5%. Larger apartments got more expensive even as the overall market held steady. Both 2BR and 3BR medians rose $145.

The full dataset, 25,442 listings with 34 columns each, is available on the Open Data page.

By Bedroom Count

TypeListingsMedian Rentvs. June
Studio4,116$3,383-$12
1 Bedroom8,900$3,750+$50
2 Bedroom8,094$4,495+$145
3 Bedroom3,410$4,795+$145

Studios were the only major category to get cheaper, and only by $12. One-bedrooms rose $50. The sharper moves came in family-sized inventory, where both 2BR and 3BR medians climbed $145 even as their listing counts increased.

Median Rent Over Time

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July confirmed that the early summer plateau is holding. Volume stayed near 25,500 listings for a second month, while the median edged from $3,995 to $4,000. Since February, the citywide median has risen $350, with most of that increase arriving before June.

Listing Volume by Neighborhood

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Top 20 Neighborhoods by Volume

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

#NeighborhoodListingsMedian RentMoM
1Bushwick1,340$3,795+1%
2Williamsburg1,229$5,100+3%
3East Village830$5,000-1%
4Flatbush726$3,129+1%
5Upper West Side696$4,725+5%
6Hell's Kitchen661$4,806+2%
7Astoria656$3,499+6%
8Crown Heights643$3,800+3%
9Yorkville589$3,995-5%
10Stuyvesant Heights587$3,5940%
11Bedford-Stuyvesant510$3,671-3%
12Lenox Hill497$4,300+1%
13Downtown Brooklyn468$4,566-1%
14Hunters Point445$4,750+3%
15West Village396$6,000-3%
16Kips Bay378$4,570-9%
17Greenpoint375$4,995+2%
18Financial District374$4,864+1%
19Murray Hill370$5,088+2%
20Chelsea349$5,995+1%

Biggest Price Movements

Among neighborhoods with at least 10 listings in both June and July:

Largest drops: Noho (-21%), Hudson Square (-19%), Central Park South (-15%), Stuyvesant Town/PCV (-19%), Carnegie Hill (-13%)

Largest increases: Vinegar Hill (+20%), Kingsbridge Heights (+54%), Fort Lee (+40%), Sutton Place (+17%), Manhattanville (+13%)

Several of July's biggest movements reversed June's direction. Noho, Hudson Square, and Stuyvesant Town/PCV all gave back sharp June gains, while Manhattanville and Sutton Place rebounded from June declines. Bushwick led volume again with 1,340 listings, but Williamsburg narrowed the gap to 111. Among other busy neighborhoods, Astoria rose 6% to a $3,499 median and the Upper West Side rose 5% to $4,725.