Peekskill, NY Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Peekskill is $2,286, a 2.24% decrease compared to the previous year, when the average rent was $2,338.
Studio Apartments at $1,462 offer the most budget-friendly option with 581 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 745 square feet for $1,984, balancing privacy and affordability.
Two-beedroom units at $2,750 offer 956 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,139 sq ft) for $3,238, suitable for larger households.
Average rent in Peekskill, NY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,286 | 830 sq. ft. |
| Studio | $1,462 | 581 sq. ft. |
| 1 Bed | $1,984 | 745 sq. ft. |
| 2 Beds | $2,750 | 956 sq. ft. |
| 3 Beds | $3,238 | 1,139 sq. ft. |
Peekskill, NY rent trends
Rental prices in Peekskill, NY have decreased by 2.24% over the past year. The average rent moved from $2,338 to $2,286.
What's the typical rent budget in Peekskill, NY?
The largest share of rentals in Peekskill, NY (30%) fall between $2,501-$3,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Peekskill, NY?
4,498 or 42% of the households in Peekskill, NY are renter-occupied while 6,308 or 58% are owner-occupied.
How Peekskill Compares to Other Cities
| City | Average Rent |
|---|---|
| Peekskill | $2,286 |
| New York City | $5,284 |
| Manhattan | $5,632 |
| Brooklyn | $4,205 |
| Hudson Valley | $2,595 |
| Queens | $4,171 |
| Buffalo | $1,410 |
| Albany | $1,728 |
| Ithaca | $2,300 |
| Rochester | $1,512 |
| Troy | $1,588 |
| Haverstraw, NY | $3,436 |
| Tarrytown, NY | $3,337 |
| Spring Valley, NY | $2,274 |
| Nyack, NY | $2,900 |
| Ossining, NY | $3,019 |
| Croton on Hudson, NY | $1,570 |
| Garnerville, NY | $2,390 |
| Suffern, NY | $1,959 |
| Yorktown Heights, NY | $2,863 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Peekskill apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.