Rent Tracker
Rent Inflation in Kingston, NY
The average asking rent in Kingston, NY is $2,015/month as of 2026-08. That is +4.5% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) | zillow.com/research
Current Avg Rent
$2,015/mo
as of 2026-08
Year-over-Year Change
+4.5%
24-Month Rent Trend
Monthly ZORI index values for Kingston, NY.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-08 | $2,015 | -0.49% |
| 2026-07 | $2,025 | +0.85% |
| 2026-06 | $2,008 | +0.40% |
| 2026-05 | $2,000 | +0.20% |
| 2026-04 | $1,996 | +2.78% |
| 2026-03 | $1,942 | +0.94% |
| 2026-02 | $1,924 | +2.34% |
| 2026-01 | $1,880 | -1.36% |
| 2025-12 | $1,906 | -0.57% |
| 2025-11 | $1,917 | +0.00% |
| 2025-10 | $1,917 | -0.57% |
| 2025-09 | $1,928 | -0.05% |
| 2025-08 | $1,929 | +0.42% |
| 2025-07 | $1,921 | +0.63% |
| 2025-06 | $1,909 | +1.27% |
| 2025-05 | $1,885 | +0.16% |
| 2025-04 | $1,882 | +0.86% |
| 2025-03 | $1,866 | +0.48% |
| 2025-02 | $1,857 | +0.49% |
| 2025-01 | $1,848 | +0.00% |
| 2024-12 | $1,848 | -0.32% |
| 2024-11 | $1,854 | -0.91% |
| 2024-10 | $1,871 | -0.43% |
| 2024-09 | $1,879 | — |
Why Rent Inflation Matters
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
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Data Source
Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices