Greater Newburgh, New York Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Greater Newburgh, New York rental market.
Greater Newburgh, New York
Average Apartment Rent
$2,470
Y-o-Y Change in Average
Apartment Rent
-0.4%
As of May 2026
Compared to a year ago, Greater Newburgh, New York apartments have recorded a -0.4% rent decrease.
Greater Newburgh, New York Average apartment rent trend
Greater Newburgh, New York Average Apartment Rent
Greater Newburgh, New York Apartment rent ranges
At 46.72%, apartments priced $2,500 - $3,000 represent the bulk of Greater Newburgh, New York rentals, while condos priced Over $3,000 hold the lowest share of the market – 6.95%.
Greater Newburgh, New York Housing tenure**
Renters take up 66% of Greater Newburgh, New York real estate, occupying a total of 6,975 units, while homeowners live in 3,530 properties.
Median number of rooms of renter-occupied housing units**
3.7
Renter median household income**
$34,522
Average household size of renter-occupied housing units**
2.58
Rental vacancy rate**
3.4%
Greater Newburgh, New York Renter-occupied housing units by no. of bedrooms**
There are 2,136 rentals in Greater Newburgh, New York with 1 bed making up the highest share of the market, at 31%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 71 units. Overall, the median number of rooms in Greater Newburgh, New York homes for rent is 3.7.
Greater Newburgh, New York Renter-occupied units by age of householder**
Most condos for rent in Greater Newburgh, New York are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 45 - 54 years age group (20%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Greater Newburgh, New York Renter-occupied housing units by family type**
Greater Newburgh, New York Renter-occupied housing units by the presence of own children**
A total of 3,984 apartments for rent in Greater Newburgh, New York, or 57% of all rentals are family households. Additionally, 38% of rental homes include children under the age of 18 – that’s 2,656 units. All in all, the median size of a renter-occupied household in Greater Newburgh, New York is 2.58.
Greater Newburgh, New York Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 17% of the rental market. In contrast, residents with less than a high school degree reside in 17% of the homes for rent in Greater Newburgh, New York.
Greater Newburgh, New York Renter-occupied units by year structure built**
The highest share of Greater Newburgh, New York apartment rentals, namely 51% or 3,564 units, were Built 1939 or earlier, followed by those Built 1970 - 1979 (11%, 768 units), and the ones Built 1950 - 1959 (10%, 679 units).
Greater Newburgh, New York Renter-occupied units by year householder moved in**
Median year renter moved into unit 2015
Most Greater Newburgh, New York renters (54%) moved in 2010 to 2017, while only 3% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Greater Newburgh, New York condos for rent is 2015.
Greater Newburgh, New York Renter-occupied housing units by vehicles available**
When it comes to transportation options, 47% of Greater Newburgh, New York renters have 1 vehicle available per household, 32% of them have No vehicle available, and 17% have 2 vehicles available.
Greater Newburgh, New York Means of transportation to work of householders living in renter-occupied housing units**
Greater Newburgh, New York Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Greater Newburgh, New York apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
