Live Market Data · RentCast
New York Rental Market
Current rents by bedroom · top metro breakdowns · YoY trend
Mar 29, 2026
1 Bedroom
$1,900
2 Bedrooms
$2,375
3 Bedrooms
$2,625
YoY Trend
+7.7%
Days on Market
44d
Brooklyn
11226
1BR$2,999
2BR$3,600
3BR$3,850
YoY
+6.2%
DOM
41.77d
Listings
549
Buffalo N
14215
1BR$800
2BR$1,150
3BR$1,400
YoY
+9.1%
DOM
46.92d
Listings
26
New York Eviction Process
Complete timeline for removing a non-paying or violating tenant in New York
ESTIMATED TOTAL TIMELINE
Average total: 120 days from notice to possession. US average is ~50 days.
Security Deposit Rules
New York security deposit laws, limits, and return requirements
💰
Maximum Deposit
1 month
Per current statutes
📅
Return Deadline
14–45 days
After tenant vacates
📋
Itemization Required
Yes
Written itemization of deductions
📈
Interest Required
Yes (check locally)
Required in some high-reg states
Rights & Responsibilities
What both parties are entitled to under New York law
✅ Landlord Rights
→Can recover 3x for willful overcharge claims
⚖️ Tenant Rights
→HSTPA 2019 protections
→Good cause eviction (NYC)
→Right to counsel (NYC)
→SCRIE/DRIE freeze programs
Required Disclosures
Items you must disclose to tenants in New York before or at lease signing
📄 Lead paint
📄 Bedbug history
📄 Mold
📄 Flood zone
📄 Notice of rights
Rent Control Status
New York rent increase and rent control laws
⚠️
New York Has Rent Control
Rent control laws apply in New York City, Albany, Yonkers, Kingston, Newburgh. Late fees are capped at 5% after 5-day grace (NYC).
⚠️ Consult a local attorney before raising rents in affected jurisdictions.
New York Landlord FAQs
Common questions answered — also powers Google rich results
How long does eviction take in New York?+
The average eviction timeline in New York is 120 days from notice to possession. The pay-or-quit notice period is 14 days. Filing fee is $45–$210.
What is the security deposit limit in New York?+
In New York, the security deposit maximum is 1 month. Landlords must return the deposit with an itemized statement of deductions.
Does New York have rent control?+
Yes. Rent control applies in New York City, Albany, Yonkers, Kingston, Newburgh. Consult a local attorney before raising rents in those jurisdictions.
How much entry notice is required in New York?+
Landlords in New York must provide at least 24 hours written notice before entering a rental unit.
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