How many apartments are available in 12553 on Rentable.co?
Rentable.co has 5 apartments available for rent in 12553.
What is the average rent for an apartment in 12553?
The average rent for an apartment in 12553 is around $2,950 per month.
What is the average rent for a two-bedroom apartment in 12553?
The average rent for a two-bedroom apartment in 12553 is around $2,200 per month.
Find an Apartment in 12553
Looking for apartments for rent near 12553 in Newburgh, NY? Rentable has a variety of rental units available in this area. Currently, there are 7 units available for rent in the 12553 zip code. The average rent for these apartments is $2,950.
If you're looking for a budget-friendly option, there is a 2-bedroom floor plan available starting at $2,200. This could be a great choice for individuals or couples looking for an affordable apartment in the 12553 area.
In addition to the available apartments, the 12553 zip code offers several nearby points of interest and amenities. From beautiful parks to convenient community amenities, there's something for everyone. Take advantage of the nearby parks for outdoor activities and enjoy the vibrant community lifestyle.
Ready to find your next dream apartment in the 12553 area? Explore Rentable's offerings of apartments near 12553 in Newburgh, NY and find the perfect fit for your needs. Don't miss out on this opportunity to find your ideal rental in the highly-desirable 12553 zip code.
Newburgh: May Rent Report
Welcome to the May 2024 Newburgh Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
May 2024 key findings and figures for the Newburgh rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Newburgh and surrounding areas and provide comparisons to the entire metro area, nearby cities and
some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of
Newburgh average rent prices in the chart below.
Monthly Rent Report
$2,500
$1,880
$1,250
$630
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR2 BR
Newburgh Rent Prices Decrease From April to May
Newburgh rent prices decreased over the last month. From April to May, the city experienced a -2.14% decrease for the price of a one-bedroom apartment. The rent price for a Newburgh one-bedroom apartments currently stands at $2,010.0.
When we take a look at the two-bedroom comparison from April to May, Newburgh experienced a -10.21% decrease for the price of a two-bedroom apartment. The rent price for a Newburgh two-bedroom apartments currently stands at $1,847.0.
May Prices: Newburgh vs. Surrounding Areas
Rent Prices in Newburgh and Surrounding Areas
Rent prices have decreased in Newburgh over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Newburgh suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Newburgh suburbs
Rents did not decrease in any of the Newburgh suburbs.
May 2024 Pricing Trends: Newburgh vs. National Comparisons
New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent
Newburgh Rent Prices More Affordable Than Major Cities
Rent growth in Newburgh over the past year has been
declining. When compared to major cities nearby, along
with some of the most expensive cities in the country, Newburgh average rent prices appear to be
relatively affordable for local residents.
The price for a Newburgh one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about Newburgh and surrounding area rent prices, take a look at the complete data set below.
Data set for Newburgh and suburbs
1 BR May
1 BR M/M % Change
2 BR May
2 BR M/M % Change
Methodology
Each month, using over 1 million Rentable listings across the United States, we calculate the median
1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To
avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and
property count thresholds.