Rents in New York City dip 3.0% in November for an index of no fee apartments, a welcome relief for renters.

New York City, New York, United States, 1st Dec 2023 – Key Points

  • Median NYC rent decreased 3.0% sequentially in November from the prior month
  • $4,594 now the median rent in NYC rent for a no fee apartment 
  • The team expects rents to decline through Winter, with February the cheapest month to rent, a new site offering no fee New York City apartments for rent directly from property managers and landlords, announces rents decreased -3.0% sequentially in November to a median of $4,594. Announces Median Rent in New York City Decreased 3.0% in November

Median New York City Rents for No Fee Apartments

  • November, 2023 $4,594 -3.0%
  • October, 2023 $4,734 +1.5%
  • September, 2023 $4,665 +1.4%
  • August, 2023 $4,600 -6.2% 
  • July, 2023  $4,904  -2.0%
  • June, 2023  $5,005  -0.2% 
  • May, 2023  $5,016  +2.6% 
  • April, 2023 $4,887  +3.0% 
  • March, 2023  $4,745 

Median rents as of month end.  Source:

The data is based on approximately 1,500 apartments available directly from leasing offices across New York City, without a broker or broker fee. is the largest source of direct, no fee apartments available for rent in the five boroughs.

The team expects rents to continue to cool through the winter months, with February typically being the ideal month to sign a 12 month lease. Find more tips about renting in New York City at

About RENT BETTA eliminates broker fees by connecting renters directly with property managers in NYC that let you rent directly from their leasing offices. Users can book a tour and apply for any apartment on the site and will be connected directly with the leasing office, not a broker. 


Email for early access to our original data on the NYC rental market, before similar reports are available from competitors.

Media Contact


Contact Person: Media Team


Email: Send Email

Address: 188 Grand St

Address 2: Unit 302

City: New York City

State: New York

Country: United States

Release Id: 0112238121

The post Announces Median Rent in New York City Decreased 3.0% in November appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Economyessential journalist was involved in the writing and production of this article.