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New York, NY Rent Trends

Rank #1, last updated May 14

To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.

What is the average rent in New York?

The average rent of a studio apartment in New York, NY is $3,300. The average rent of a 1-bedroom in New York, NY is $3,750. The average rent of a 2-bedroom in New York, NY is $4,429. The average rent of a 3-bedroom in New York, NY is $5,990.

Studio

$3,300


1 bed

$3,750


2 beds

$4,429


3+ beds

$5,990

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

Rent Prices Over Time in New York

Apartment Rent Ranges in New York

The monthly rent for apartments in New York, NY ranges from $1,000 to $7,000+.

$1,000 - $2,500

$2,500 - $4,000

$4,000 - $5,500

$5,500 - $7,000

$7,000+

What is the average apartment size in New York?

The average size of a New York, NY apartment is 981 square feet, while the median apartment size for New York, NY is 780 square feet. However, square footage varies based on unit type. Most rentals in New York, NY (33.83%) are 1 bedroom apartments, while the fewest (16.14%) are studio apartments. Meanwhile, 2 bedroom apartments account for 28.93%, and 3+ bedroom apartments make up 21.09%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in New York?

Studio1 bed2 beds3+ beds
Alphabet City$2,875$3,695$4,595$6,763
Astoria$2,500$2,875$3,946$4,325
Battery Park City$3,893$4,795$8,700$14,750
Bay Ridge*$2,150$2,725$3,200
Bedford–Stuyvesant$2,700$2,800$3,400$3,995
Belmont/Little Italy*$3,300$3,100$4,450
Bensonhurst*$2,024$2,700$3,450
Boerum Hill$3,413$3,500$5,250$9,500
Brighton Beach*$2,399$3,000*
Brooklyn Heights$3,547$4,800$9,500$12,497
Brownsville*$2,275$2,890$3,153
Bushwick$2,750$3,000$3,400$3,899
Canarsie**$2,648$3,000
Carroll Gardens*$3,300$5,500$8,070
Chelsea$4,193$5,375$8,110$11,300
Chinatown*$3,850$4,048$5,320
Clinton Hill$3,010$3,700$4,200$6,498
Cobble Hill*$3,200$5,560*
Concourse$2,175*$3,163*
Concourse Village$2,175*$3,306*
Coney Island*$3,097$4,148$3,849
Crown Heights$3,013$2,800$3,199$4,000
Cypress Hill$2,198$2,553$2,884$3,299
Downtown$3,550$4,500$6,800$9,713
Dumbo*$4,995$8,245$12,000
East Flatbush$2,216$2,594$2,987$3,300
East Harlem$2,525$2,750$3,250$4,495
East New York$2,199$2,634$2,825$3,200
East Village$3,247$3,495$4,995$7,200
East Williamsburg*$3,299$3,875$5,250
Elmhurst**$2,700$3,200
Financial District$3,898$4,925$6,902$14,181
Flatbush$2,216$2,588$2,967$3,393
Flatiron District$4,510$5,750$10,991$17,500
Flatlands*$2,062$2,850*
Fort George$1,800$2,400$2,775$3,400
Fort Greene$3,005$4,200$4,675$10,123
Fort Hamilton*$2,075$3,050$3,350
Garment District$3,605$4,371$4,398$6,795
Gowanus$3,316$3,700$4,500*
Gramercy$3,800$5,475$7,200$10,245
Gravesend*$2,300$2,599$2,850
Greenpoint$3,069$3,950$4,600$5,798
Greenwich Village$3,800$5,450$7,175$16,938
Greenwood Heights$2,995$2,800$3,625$4,825
Harlem$2,333$2,750$3,350$4,099
Hell's Kitchen$3,599$4,491$5,195$6,618
Hudson Square**$14,500$19,750
Inwood$1,800$2,075$2,395$3,000
Jackson Heights$2,225$2,277**
Jamaica*$2,811$3,495*
Kensington*$2,700$3,115$3,500
Kips Bay$3,275$4,400$5,088$7,198
Little Italy$2,300$3,445$6,848$7,500
Long Island City$3,222$4,014$5,800*
Lower East Side$3,300$3,698$4,500$6,748
Midtown$3,576$4,817$6,567$8,995
Midwood*$3,023$3,810$4,300
Morningside Heights$2,800$3,950$3,800$4,995
Mott Haven*$2,908$3,000*
Murray Hill$3,200$4,757$6,000$9,445
Noho*$5,300$14,550$20,000
Nolita$3,200$4,450$7,000$8,698
Park Slope$2,623$3,700$4,500$6,125
Port Morris*$3,147$3,836*
Prospect Heights$3,498$4,100$4,350$5,850
Prospect Lefferts Gardens$2,633$2,800$3,350$3,895
Red Hook**$4,200$9,995
Riverdale*$2,243$3,000$3,400
Roosevelt Island$3,495$3,750$5,000*
Sheepshead Bay$2,075$2,375$3,000$3,800
Soho$3,695$4,750$12,000$12,500
South Slope$2,650$3,528$4,000$5,700
Stuyvesant Town*$5,495$6,409$7,049
Sunset Park$2,995$2,600$3,200$3,450
Sutton Place$3,750$4,675$7,664$11,500
Theater District$3,848$4,617$6,933*
Tribeca$5,011$6,094$14,000$21,750
Two Bridges*$4,900$5,800$6,800
Upper East Side$2,695$3,500$5,000$14,000
Upper West Side$3,225$4,445$6,682$8,818
Vinegar Hill*$4,798*$8,400
Washington Heights$1,950$2,495$2,823$3,600
West Village$3,998$5,300$7,700$12,500
Williamsburg$3,763$4,470$4,848$6,200
Windsor Terrace*$3,595$4,075*

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

* Insufficient data to calculate value

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