What is the median rent in Lake Carmel, NY?
The median gross rent in Lake Carmel, NY is $1,565 (±$222) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 345 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Lake Carmel, the median gross rent went from $1,808 in 2015–2019 to $1,565 in 2020–2024 (−13.4%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median gross rent
- $1,565 (±$222)
- Rented homes
- 345 (±152)
- $2,000 or more
- 13.9%
- Since 2015–2019
- −13.4%
How much rent costs in Lake Carmel
| Monthly gross rent | Lake Carmel | Putnam County | New York | United States |
|---|---|---|---|---|
| Less than $500 | 11.3% (±16.6 points) | 7.5% | 7.8% | 6.3% |
| $500 to $999 | 0.0% (±11.6 points) | 6.6% | 15.2% | 20.2% |
| $1,000 to $1,499 | 33.3% (±25.6 points) | 19.6% | 22.2% | 28.1% |
| $1,500 to $1,999 | 41.4% (±21.5 points) | 29.6% | 19.8% | 21.1% |
| $2,000 to $2,499 | 2.0% (±3.6 points) | 16.8% | 14.3% | 12.0% |
| $2,500 to $2,999 | 9.0% (±10.8 points) | 7.5% | 7.6% | 5.5% |
| $3,000 or more | 2.9% (±5.3 points) | 12.4% | 13.2% | 6.8% |
The most common range is $1,500 to $1,999, paid by 41.4% of renting households.
13.9% of rented homes in Lake Carmel cost $2,000 or more a month.
Lake Carmel against Putnam County, its state and the nation
| Lake Carmel | Putnam County | New York | United States | |
|---|---|---|---|---|
| Median gross rent | $1,565 (±$222) | $1,775 (±$83) | $1,621 (±$7) | $1,413 |
| Rented homes paying rent | 345 (±152) | 5,116 (±465) | 3,406,652 (±12,095) | 42,849,984 |
In Lake Carmel, median gross rent is not measurably different from Putnam County ($1,775).
It is not measurably different from New York ($1,621).
It is not measurably different from the national figure ($1,413).
In Putnam County, Lake Carmel ranks 4 of 5 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 228 of 349.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Lake Carmel has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,808 (±$157) | $1,565 (±$222) | −13.4% | Down after inflation |
| Households that rent | 10.3% (±3.8 points) | 14.1% (±5.6 points) | +3.8 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±9.8 points) | 0.0% (±10.2 points) | 0.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Lake Carmel
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Lake Carmel | — | $1,565 (±$222) | — |
| Town of Patterson | 4.2 mi | $2,048 (±$217) | Higher |
| Carmel (community) | 4.3 mi | $1,150 (±$235) | Lower |
| Town of Southeast | 5.0 mi | $1,755 (±$142) | Not measurably different |
| Village of Brewster | 5.2 mi | $1,657 (±$139) | Not measurably different |
| Putnam Lake | 5.9 mi | $1,750 (±$1,001) | Not measurably different |
| Town of Carmel | 6.1 mi | $1,683 (±$148) | Not measurably different |
| Ball Pond | 7.1 mi | $1,884 (±$1,033) | Not measurably different |
| Mahopac | 7.6 mi | $1,931 (±$465) | Not measurably different |
Nearby places with a measurably lower figure: Carmel (community), NY ($1,150).
Nearby places with a measurably higher figure: Town of Patterson, NY ($2,048).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Putnam County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Peach Lake | $2,157 (±$839) |
| 2 | Mahopac | $1,931 (±$465) |
| 3 | Putnam Lake | $1,750 (±$1,001) |
| 4 | Lake Carmel | $1,565 (±$222) |
| 5 | Carmel (community) | $1,150 (±$235) |
Lake Carmel is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside the Town of Kent, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lake Carmel
What is the average rent in Lake Carmel, NY?
The Census Bureau publishes the median rather than the average: the median gross rent in Lake Carmel is $1,565 (±$222) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Lake Carmel?
In Lake Carmel, the median gross rent went from $1,808 in 2015–2019 to $1,565 in 2020–2024 (−13.4%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
How many rentals in Lake Carmel cost more than $2,000 a month?
13.9% of rented homes in Lake Carmel have a gross rent of $2,000 or more a month, and 11.3% cost less than $500.
Is rent in Lake Carmel higher than in Putnam County?
In Lake Carmel, median gross rent is not measurably different from Putnam County ($1,775).
It is not measurably different from New York ($1,621).
It is not measurably different from the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Carmel CDP, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Carmel CDP, New York
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Carmel CDP, New York
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Carmel CDP, New York (place:40398, in state:36).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- How long people stay in Lake Carmel
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- Housing data for every place in New York