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Rent Inflation in Poughkeepsie, NY

The average asking rent in Poughkeepsie, NY is $2,202/month as of 2026-05. That is +3.9% compared to a year ago.

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

Current Avg Rent

$2,202/mo

as of 2026-05

Year-over-Year Change

+3.9%

24-Month Rent Trend

Monthly ZORI index values for Poughkeepsie, NY.

Month Avg Asking Rent Change from Prior Month
2026-05 $2,202 +0.50%
2026-04 $2,191 +0.74%
2026-03 $2,175 +0.51%
2026-02 $2,164 +1.60%
2026-01 $2,130 +0.28%
2025-12 $2,124 +0.09%
2025-11 $2,122 -1.03%
2025-10 $2,144 +0.19%
2025-09 $2,140 +0.33%
2025-08 $2,133 +0.61%
2025-07 $2,120 +0.00%
2025-06 $2,120 +0.05%
2025-05 $2,119 -0.42%
2025-04 $2,128 +0.09%
2025-03 $2,126 +1.14%
2025-02 $2,102 +0.67%
2025-01 $2,088 +0.34%
2024-12 $2,081 -0.86%
2024-11 $2,099 +0.05%
2024-10 $2,098 +0.77%
2024-09 $2,082 +0.39%
2024-08 $2,074 +0.58%
2024-07 $2,062 +0.54%
2024-06 $2,051

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