New York, NY Real Estate

According to census data in the year 2000 there were 3,200,912 housing units in New York. This represents a 7% growth from 2,992,169 in 1990.

Of those housing units, 3,200,912 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in New York is about 30.2%. New York's vacancy rate, including seasonal lodging, is about 5.6%. Average household size is 2.59 people.

The majority of houses, apartments or condos in New York were built after 1949.


Housing Size

Housing Units by Size
Studio Type10%
One Bedroom33.10%
Two Bedrooms30.50%
Three Bedrooms19.10%
Four Bedrooms4.70%
Five Bedrooms or more2.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.96
Median year structure was built1948
Median Value of occupied units$211,900
Median Price asked for vacant units$193,400

Rented Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1949
Median Monthly Rent asked for vacant units$659

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage5.80%
Home Equity Loan5.70%
Simple Mortgage56.10%
Debt Free32.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs22.2%