Markets & EconomyRentals

Seasonal impact of rent in New York City

RentHop crunched numbers to determine relative seasonal rent fluctuations in America's biggest cities
  • July and September are the most expensive months to rent in NYC.
  • The highest months compared with the lowest months equates to more than a 4 percent difference in price.

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When faced with the decision to rent a new place, city dwellers have to make the choice of which season makes most sense for them. While piling personal items into a U-Haul during a January snowstorm doesn't sound like the most stress-free experience, sometimes it means paying significantly less each month. RentHop recently crunched the data to determine the relative seasonal rent differences for each month out of the year. And even in the warmest of climates, the holiday season tends to be the perfect time of year for renters to find a great deal. July and September are the most expensive months of the year to rent in New York City, and rents quickly fall headed into November and until May. The summer months are pretty extreme in relative seasonality. But if a renter was to find a place in January compared with July, they would pay more than 4 percent less. Email Kimberly Manning...