Greater Warwick, 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 Greater Warwick, New York rental market.

Greater Warwick, New York

Average Apartment Rent

$2,627

Y-o-Y Change in Average
Apartment Rent

3.9%

As of March 2026

Compared to a year ago, Greater Warwick, New York apartments have recorded a 3.9% rent increase.

Greater Warwick, 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
Warwick $2,413 $2,440 $2,451 $2,477 $2,500 $2,529 $2,602 $2,614 $2,627
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Warwick
National
Jul 2023
$2,413
$1,735
Nov 2023
$2,440
$1,724
Mar 2024
$2,451
$1,729
Jul 2024
$2,477
$1,750
Nov 2024
$2,500
$1,743
Mar 2025
$2,529
$1,749
Jul 2025
$2,602
$1,763
Nov 2025
$2,614
$1,749
Mar 2026
$2,627
$1,750

Greater Warwick, New York Average Apartment Rent

Greater Warwick, 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 26.02%, apartments priced Over $3,000 represent the bulk of Greater Warwick, New York rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.63%.

Greater Warwick, New York Housing tenure**

Renter occupied housing units 1,273
Owner occupied housing units 1,848

Renters take up 41% of Greater Warwick, New York real estate, occupying a total of 1,273 units, while homeowners live in 1,848 properties.

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

3.4

Renter median household income**

$33,339

Average household size of renter-occupied housing units**

1.58

Rental vacancy rate**

6%

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

No bedrooms 28
1 bed 910
2 beds 196
3 beds 89
4 beds 38
5 or more beds 12

There are 910 rentals in Greater Warwick, New York with 1 bed making up the highest share of the market, at 71%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 12 units. Overall, the median number of rooms in Greater Warwick, New York homes for rent is 3.4.

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

15 - 24 years 39
25 - 34 years 200
35 - 44 years 81
45 - 54 years 154
55 - 59 years 90
60 - 64 years 127
65 - 74 years 321
75 - 84 years 215
85 years and over 46

Most condos for rent in Greater Warwick, New York are occupied by residents in the 65 - 74 years age group (25%), followed by those in the 75 - 84 years age group (17%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 3%.

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

Family households 306
Non-Family Households 967

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

With related children of the householder under 18 138
No related children of the householder under 18 1,135

A total of 306 apartments for rent in Greater Warwick, New York, or 24% of all rentals are family households. Additionally, 11% 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 Greater Warwick, New York is 1.58.

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

Less than high school graduate 102
High school graduate (including equivalency) 413
Some college or associate's degree 401
Bachelor's degree or higher 357

In terms of education, renters holding bachelor degrees or higher make up 28% of the rental market. In contrast, residents with less than a high school degree reside in 8% of the homes for rent in Greater Warwick, New York.

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

Built 2010 - 2019 246
Built 2000 - 2009 167
Built 1990 - 1999 111
Built 1980 - 1989 197
Built 1970 - 1979 204
Built 1960 - 1969 19
Built 1950 - 1959 36
Built 1939 or earlier 293

The highest share of Greater Warwick, New York apartment rentals, namely 23% or 293 units, were Built 1939 or earlier, followed by those Built 2010 - 2019 (19%, 246 units), and the ones Built 1970 - 1979 (16%, 204 units).

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

Moved in 2021 or later 62
Moved in 2018 to 2020 337
Moved in 2010 to 2017 771
Moved in 2000 to 2009 103

Median year renter moved into unit 2016

Most Greater Warwick, New York renters (61%) moved in 2010 to 2017, while only 5% of them moved in 2021 or later. Overall, the median year renters have occupied their Greater Warwick, New York condos for rent is 2016.

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

No vehicle available 151
1 vehicle available 919
2 vehicles available 136
3 or more vehicles available 67

When it comes to transportation options, 72% of Greater Warwick, New York renters have 1 vehicle available per household, 12% of them have No vehicle available, and 11% have 2 vehicles available.

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

Car, truck, or van - drove alone 521
Car, truck, or van - carpooled 68
Public transportation (excluding taxicab) 63
Walked 91
Worked at home 139

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

Same house as 1 year ago 1,534
Moved within same county 357
Moved from different county within same state 46
Moved from different state 66

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 Warwick, 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

Check out rentals available in Greater Warwick, New York