N.Y.C. Admin. Code tit. 27, ch. 2 § 27-2096.2
Median asking rents (New York City Housing Maintenance Code)
Operative Text
By no later than September 1, 2019 and by September 1 of every year thereafter, the commissioner shall, upon the availability of a statistically significant and representative sample of data, submit to the mayor and the speaker of the council, and publish online, a listing of median asking rents for dwelling units, disaggregated by community district and, if such data is available in a statistically significant and representative sample, by the number of bedrooms. (L.L. 2019/101, 6/8/2019, eff. 6/8/2019)
Under N.Y.C. Admin. Code § 27-2096.2, the city's housing commissioner is required to compile and publish a report of median asking rents for residential dwelling units each year by September 1, beginning in 2019. The data must be broken down by community district and, where the sample size permits, by the number of bedrooms. Publication is contingent on the availability of a statistically significant and representative dataset, and the report is submitted to both the mayor and the city council speaker as well as posted publicly online.
Plain English — not legal advice.
N.Y.C. Admin. Code § 27-2096.2 creates an annual public record of median asking rents across the city's community districts, which property owners and managers can consult as a market reference. Operators who track local rent trends generally review this report when it is published each September to understand how their asking rents compare to neighborhood medians. Because the data is disaggregated by bedroom count where available, it can serve as a useful benchmarking tool for portfolio planning and pricing transparency.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
N.Y.C. Admin. Code § 27-2096.2 gives tenants access to an annually updated, publicly available snapshot of what landlords are asking for units across different community districts. Renters can use this report—published online each September—to compare advertised rents in their neighborhood and assess whether an asking price appears consistent with local market data. Tenant-rights organizations and housing counselors can help residents interpret the data and understand how it may be relevant to their housing situation.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated October 14, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
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