What percentage of people rent in New York City, NY?

Name: Renters and owners in New York City, NY, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

67.2% (±0.3 points) of the occupied homes in New York City, NY are rented (2020–2024 American Community Survey).

That is 2,241,032 renting households against 1,093,056 that own their home.

In New York City, the share of households that rent went from 67.3% in 2015–2019 to 67.2% in 2020–2024 (−0.1 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 67.2% (±0.3 points)
Renting households: 2,241,032 (±8,651)
Median renter income: $64,129 (±$611)

Who rents and who owns in New York City

Tenure, estimate (90% margin of error)
	New York City	New York	United States
Renter-occupied share	67.2% (±0.3 points)	45.7% (±0.2 points)	34.8%
Renting households	2,241,032 (±8,651)	3,525,661 (±12,362)	45,017,354
Owning households	1,093,056 (±9,624)	4,196,985 (±19,607)	84,210,142
Average renter household size	2.4 (±0.0)	2.3 (±0.0)	2.3
Average owner household size	2.7 (±0.0)	2.7 (±0.0)	2.6
Median renter household income	$64,129 (±$611)	$57,803 (±$395)	$52,966
Median owner household income	$121,825 (±$1,058)	$114,563 (±$568)	$100,009

In New York City, the renter share is higher than in New York (45.7%).

It is higher than the national figure (34.8%).

Statewide, it ranks 4 of 1,004.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in New York City has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	67.3% (±0.2 points)	67.2% (±0.3 points)	−0.1 percentage points	Not a measurable change
Median gross rent	$1,443 (±$4)	$1,821 (±$7)	+26.2%	Up after inflation
Median household income	$63,998 (±$308)	$80,483 (±$601)	+25.8%	Up after inflation

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.

Households that rent in places near New York City

Nearest places with a published estimate, compared with New York City
Place	Distance	Households that rent	Compared with this place
New York City	—	67.2% (±0.3 points)	—
Hoboken	7.4 mi	66.2% (±2.2 points)	Not measurably different
Jersey City	7.4 mi	72.1% (±1.1 points)	Higher
Weehawken Township	8.4 mi	69.6% (±3.9 points)	Not measurably different
Union City	8.7 mi	80.9% (±2.0 points)	Higher
Bayonne	9.0 mi	63.8% (±2.3 points)	Lower
West New York Town	9.3 mi	77.0% (±2.2 points)	Higher
Guttenberg Town	9.6 mi	60.0% (±5.9 points)	Lower
Inwood	9.9 mi	49.4% (±7.7 points)	Lower

Nearby places with a measurably lower figure: Bayonne, NJ (63.8%), Guttenberg Town, NJ (60.0%), Inwood, NY (49.4%).

Nearby places with a measurably higher figure: Jersey City, NJ (72.1%), Union City, NJ (80.9%), West New York Town, NJ (77.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

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 New York City

How many renters are there in New York City?

New York City has an estimated 2,241,032 (±8,651) renting households, 67.2% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in New York City?

In New York City, the share of households that rent went from 67.3% in 2015–2019 to 67.2% in 2020–2024 (−0.1 percentage points), not a measurable change.

How big are renting households in New York City?

A renting household in New York City has 2.4 people on average, against 2.7 in an owned home.

How much do renters earn in New York City?

The median renting household in New York City, NY has an income of $64,129 (±$611) a year, against $121,825 for households that own their home.

Sources

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) and detailed tables (acs/acs5) for New York city, New York (place:51000, in state:36).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.