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Rent Inflation in Poughkeepsie, NY

The average asking rent in Poughkeepsie, NY is $2,208/month as of 2026-06. That is +4.1% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) | zillow.com/research

Current Avg Rent

$2,208/mo

as of 2026-06

Year-over-Year Change

+4.1%

24-Month Rent Trend

Monthly ZORI index values for Poughkeepsie, NY.

Month Avg Asking Rent Change from Prior Month
2026-06 $2,208 +0.18%
2026-05 $2,204 +0.50%
2026-04 $2,193 +0.73%
2026-03 $2,177 +0.51%
2026-02 $2,166 +1.59%
2026-01 $2,132 +0.24%
2025-12 $2,127 +0.09%
2025-11 $2,125 -1.02%
2025-10 $2,147 +0.28%
2025-09 $2,141 +0.33%
2025-08 $2,134 +0.66%
2025-07 $2,120 -0.05%
2025-06 $2,121 -0.05%
2025-05 $2,122 -0.33%
2025-04 $2,129 +0.09%
2025-03 $2,127 +1.19%
2025-02 $2,102 +0.62%
2025-01 $2,089 +0.29%
2024-12 $2,083 -0.95%
2024-11 $2,103 +0.00%
2024-10 $2,103 +0.77%
2024-09 $2,087 +0.53%
2024-08 $2,076 +0.53%
2024-07 $2,065

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