Peekskill, New York Rental Market Trends

Disclaimer:

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 Peekskill, New York rental market.

Peekskill, New York

Average Apartment Rent

$2,536

Y-o-Y Change in Average
Apartment Rent

8%

As of May 2026

Compared to a year ago, Peekskill, New York apartments have recorded a 8% rent increase.

Peekskill, New York Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Peekskill $2,262 $2,271 $2,306 $2,285 $2,347 $2,343 $2,357 $2,327 $2,505
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Peekskill
National
Jul 2023
$2,262
$1,741
Nov 2023
$2,271
$1,732
Mar 2024
$2,306
$1,736
Jul 2024
$2,285
$1,756
Nov 2024
$2,347
$1,749
Mar 2025
$2,343
$1,755
Jul 2025
$2,357
$1,767
Nov 2025
$2,327
$1,753
Mar 2026
$2,505
$1,750

Peekskill, New York Average Apartment Rent

Peekskill, New York Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 30.3%, apartments priced $2,500 - $3,000 represent the bulk of Peekskill, New York rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 2.27%.

Peekskill, New York Housing tenure**

Renter occupied housing units 4,642
Owner occupied housing units 6,242

Renters take up 43% of Peekskill, New York real estate, occupying a total of 4,642 units, while homeowners live in 6,242 properties.

Median number of rooms of renter-occupied housing units**

3.9

Renter median household income**

$51,605

Average household size of renter-occupied housing units**

2.19

Rental vacancy rate**

3%

Peekskill, New York Renter-occupied housing units by no. of bedrooms**

No bedrooms 172
1 bed 1,754
2 beds 1,686
3 beds 788
4 beds 169
5 or more beds 73

There are 1,754 rentals in Peekskill, New York with 1 bed making up the highest share of the market, at 38%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 73 units. Overall, the median number of rooms in Peekskill, New York homes for rent is 3.9.

Peekskill, New York Renter-occupied units by age of householder**

15 - 24 years 275
25 - 34 years 923
35 - 44 years 1,010
45 - 54 years 553
55 - 59 years 652
60 - 64 years 445
65 - 74 years 317
75 - 84 years 292
85 years and over 175

Most condos for rent in Peekskill, New York are occupied by residents in the 35 - 44 years age group (22%), followed by those in the 25 - 34 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 – 4%.

Peekskill, New York Renter-occupied housing units by family type**

Family households 2,318
Non-Family Households 2,324

Peekskill, New York Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 1,126
No related children of the householder under 18 3,516

A total of 2,318 apartments for rent in Peekskill, New York, or 50% of all rentals are family households. Additionally, 24% of rental homes include children under the age of 18 – that’s 1,126 units. All in all, the median size of a renter-occupied household in Peekskill, New York is 2.19.

Peekskill, New York Renter-occupied housing units by educational attainment**

Less than high school graduate 874
High school graduate (including equivalency) 1,178
Some college or associate's degree 1,401
Bachelor's degree or higher 1,189

In terms of education, renters holding bachelor degrees or higher make up 26% of the rental market. In contrast, residents with less than a high school degree reside in 19% of the homes for rent in Peekskill, New York.

Peekskill, New York Renter-occupied units by year structure built**

Built 2010 - 2019 206
Built 2000 - 2009 80
Built 1990 - 1999 537
Built 1980 - 1989 379
Built 1970 - 1979 462
Built 1960 - 1969 699
Built 1950 - 1959 463
Built 1940 - 1949 111
Built 1939 or earlier 1,705

The highest share of Peekskill, New York apartment rentals, namely 37% or 1,705 units, were Built 1939 or earlier, followed by those Built 1960 - 1969 (15%, 699 units), and the ones Built 1990 - 1999 (12%, 537 units).

Peekskill, New York Renter-occupied units by year householder moved in**

Moved in 2021 or later 267
Moved in 2018 to 2020 1,306
Moved in 2010 to 2017 1,482
Moved in 2000 to 2009 1,092
Moved in 1990 to 1999 382
Moved in 1989 or earlier 113

Median year renter moved into unit 2014

Most Peekskill, New York renters (32%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Peekskill, New York condos for rent is 2014.

Peekskill, New York Renter-occupied housing units by vehicles available**

No vehicle available 1,496
1 vehicle available 2,065
2 vehicles available 842
3 or more vehicles available 239

When it comes to transportation options, 44% of Peekskill, New York renters have 1 vehicle available per household, 32% of them have No vehicle available, and 18% have 2 vehicles available.

Peekskill, New York Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 2,979
Car, truck, or van - carpooled 854
Public transportation (excluding taxicab) 321
Walked 525
Taxicab, motorcycle, bicycle, or other means 63
Worked at home 159

Peekskill, New York Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 8,360
Moved within same county 1,481
Moved from different county within same state 223

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 Peekskill, 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

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