Melville, NY Rental Market Trends
The average rent for an apartment in Melville is $3,468, a 9% increase compared to the previous year, when the average rent was $3,180.
Average Rent in Melville, NY
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$3,468||9%||1,259 sq. ft.|
The average size for a Melville, NY apartment is 1,259 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Melville, NY Occupied Housing Units
- Renter-occupied Households25%
- Owner-occupied Households74%
1,731 or 25% of the households in Melville, NY are renter-occupied while 4,950 or 74% are owner-occupied.
Melville, NY Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Apr / 2020|
How Melville Compares to Other Cities
|Average Rent||Y-o-Y Change|
|New York City||$3,923||2%|
For more information about the Melville rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!