New Paltz, 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 New Paltz, New York rental market.
New Paltz, New York
Average Apartment Rent
$1,963
Y-o-Y Change in Average
Apartment Rent
-0.5%
As of May 2026
Compared to a year ago, New Paltz, New York apartments have recorded a -0.5% rent decrease.
New Paltz, New York Average apartment rent trend
New Paltz, New York Average Apartment Rent
New Paltz, New York Apartment rent ranges
At 54.2%, apartments priced $1,500 - $2,000 represent the bulk of New Paltz, New York rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 5.19%.
New Paltz, New York Housing tenure**
Renters take up 71% of New Paltz, New York real estate, occupying a total of 1,575 units, while homeowners live in 646 properties.
Median number of rooms of renter-occupied housing units**
3.6
Renter median household income**
$35,125
Average household size of renter-occupied housing units**
2.17
Rental vacancy rate**
2%
New Paltz, New York Renter-occupied housing units by no. of bedrooms**
There are 642 rentals in New Paltz, New York with 2 beds making up the highest share of the market, at 41%. Units with 4 beds, on the other hand, hold the lowest percentage (4%), amounting to 59 units. Overall, the median number of rooms in New Paltz, New York homes for rent is 3.6.
New Paltz, New York Renter-occupied units by age of householder**
Most condos for rent in New Paltz, New York are occupied by residents in the 15 - 24 years age group (43%), followed by those in the 25 - 34 years age group (19%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 3%.
New Paltz, New York Renter-occupied housing units by family type**
New Paltz, New York Renter-occupied housing units by the presence of own children**
A total of 390 apartments for rent in New Paltz, New York, or 25% of all rentals are family households. Additionally, 9% of rental homes include children under the age of 18 – that’s 138 units. All in all, the median size of a renter-occupied household in New Paltz, New York is 2.17.
New Paltz, New York Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 54% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in New Paltz, New York.
New Paltz, New York Renter-occupied units by year structure built**
The highest share of New Paltz, New York apartment rentals, namely 22% or 352 units, were Built 1939 or earlier, followed by those Built 2000 - 2009 (15%, 235 units), and the ones Built 1960 - 1969 (12%, 195 units).
New Paltz, New York Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most New Paltz, New York renters (40%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their New Paltz, New York condos for rent is 2018.
New Paltz, New York Renter-occupied housing units by vehicles available**
When it comes to transportation options, 42% of New Paltz, New York renters have 1 vehicle available per household, 24% of them have No vehicle available, and 21% have 2 vehicles available.
New Paltz, New York Means of transportation to work of householders living in renter-occupied housing units**
New Paltz, 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 New Paltz, 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
