Yonkers, 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 Yonkers, New York rental market.

Yonkers, New York

Average Apartment Rent

$2,662

Y-o-Y Change in Average
Apartment Rent

3%

As of March 2026

Compared to a year ago, Yonkers, New York apartments have recorded a 3% rent increase.

Yonkers, 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
Yonkers $2,577 $2,571 $2,555 $2,585 $2,536 $2,600 $2,732 $2,708 $2,662
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Yonkers
National
Jul 2023
$2,577
$1,735
Nov 2023
$2,571
$1,724
Mar 2024
$2,555
$1,729
Jul 2024
$2,585
$1,750
Nov 2024
$2,536
$1,743
Mar 2025
$2,600
$1,749
Jul 2025
$2,732
$1,763
Nov 2025
$2,708
$1,749
Mar 2026
$2,662
$1,750

Yonkers, New York Average Apartment Rent

Yonkers, 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 33.71%, apartments priced $2,500 - $3,000 represent the bulk of Yonkers, New York rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 2.52%.

Yonkers, New York Housing tenure**

Renter occupied housing units 42,151
Owner occupied housing units 39,319

Renters take up 52% of Yonkers, New York real estate, occupying a total of 42,151 units, while homeowners live in 39,319 properties.

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

3.8

Renter median household income**

$54,780

Average household size of renter-occupied housing units**

2.52

Rental vacancy rate**

3.1%

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

No bedrooms 4,917
1 bed 13,219
2 beds 14,796
3 beds 7,275
4 beds 1,608
5 or more beds 336

There are 14,796 rentals in Yonkers, New York with 2 beds making up the highest share of the market, at 35%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 336 units. Overall, the median number of rooms in Yonkers, New York homes for rent is 3.8.

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

15 - 24 years 1,493
25 - 34 years 8,231
35 - 44 years 8,584
45 - 54 years 8,000
55 - 59 years 3,564
60 - 64 years 3,810
65 - 74 years 4,368
75 - 84 years 2,677
85 years and over 1,424

Most condos for rent in Yonkers, New York are occupied by residents in the 35 - 44 years age group (20%), 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 – 3%.

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

Family households 25,117
Non-Family Households 17,034

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

With related children of the householder under 18 14,491
No related children of the householder under 18 27,660

A total of 25,117 apartments for rent in Yonkers, New York, or 60% of all rentals are family households. Additionally, 34% of rental homes include children under the age of 18 – that’s 14,491 units. All in all, the median size of a renter-occupied household in Yonkers, New York is 2.52.

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

Less than high school graduate 9,318
High school graduate (including equivalency) 11,302
Some college or associate's degree 11,217
Bachelor's degree or higher 10,314

In terms of education, renters holding bachelor degrees or higher make up 24% of the rental market. In contrast, residents with less than a high school degree reside in 22% of the homes for rent in Yonkers, New York.

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

Built 2010 - 2019 2,885
Built 2000 - 2009 2,233
Built 1990 - 1999 1,631
Built 1980 - 1989 2,711
Built 1970 - 1979 5,974
Built 1960 - 1969 6,049
Built 1950 - 1959 5,872
Built 1940 - 1949 4,030
Built 1939 or earlier 10,676

The highest share of Yonkers, New York apartment rentals, namely 25% or 10,676 units, were Built 1939 or earlier, followed by those Built 1960 - 1969 (14%, 6,049 units), and the ones Built 1970 - 1979 (14%, 5,974 units).

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

Moved in 2021 or later 2,302
Moved in 2018 to 2020 8,975
Moved in 2010 to 2017 19,226
Moved in 2000 to 2009 6,667
Moved in 1990 to 1999 2,716
Moved in 1989 or earlier 2,265

Median year renter moved into unit 2014

Most Yonkers, New York renters (46%) moved in 2010 to 2017, while only 5% of them moved in 2021 or later. Overall, the median year renters have occupied their Yonkers, New York condos for rent is 2014.

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

No vehicle available 16,210
1 vehicle available 17,949
2 vehicles available 6,252
3 vehicles available 1,340
4 or more vehicles available 400

When it comes to transportation options, 43% of Yonkers, New York renters have 1 vehicle available per household, 38% of them have No vehicle available, and 15% have 2 vehicles available.

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

Car, truck, or van - drove alone 20,976
Car, truck, or van - carpooled 4,415
Public transportation (excluding taxicab) 13,560
Walked 3,060
Taxicab, motorcycle, bicycle, or other means 1,188
Worked at home 3,839

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

Same house as 1 year ago 90,520
Moved within same county 6,436
Moved from different county within same state 4,911
Moved from different state 1,457
Moved from abroad 849

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 Yonkers, 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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