New York, NY Rent Trends

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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 Downtown?

The average rent of a studio apartment in Downtown, NY is $3,967. The average rent of a 1-bedroom in Downtown, NY is $4,886. The average rent of a 2-bedroom in Downtown, NY is $7,242. The average rent of a 3-bedroom in Downtown, NY is $10,495.

$3,967

$4,886

$7,242

$10,495

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 Downtown

Apartment Rent Ranges in Downtown

The monthly rent for apartments in New York, NY ranges from $2,300 to $8,300+.

$2,300 - $3,800

$3,800 - $5,300

$5,300 - $6,800

$6,800 - $8,300

$8,300+

What is the average apartment size in Downtown?

The average size of a New York, NY apartment is 1059 square feet, while the median apartment size for New York, NY is 786 square feet. However, square footage varies based on unit type. Most rentals in New York, NY (35.01%) are 1 bedroom apartments, while the fewest (11.74%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 30.61%, and studio apartments make up 22.64%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

Nearby neighborhoods

Alphabet City Apartments

33 apartments starting at $3,495/month

Bedford–Stuyvesant Apartments

93 apartments starting at $1,500/month

Crown Heights Apartments

48 apartments starting at $2,000/month

East Village Apartments

52 apartments starting at $2,600/month

Financial District Apartments

98 apartments starting at $1,800/month

Gramercy Apartments

51 apartments starting at $3,295/month

Greenwich Village Apartments

72 apartments starting at $3,500/month

Park Slope Apartments

37 apartments starting at $1,700/month

Soho Apartments

20 apartments starting at $2,950/month

Stuyvesant Town Apartments

54 apartments starting at $4,296/month

Tribeca Apartments

29 apartments starting at $4,250/month

Williamsburg Apartments

120 apartments starting at $2,450/month

Nearby subway stations

Borough Hall Station (2, 3 Lines) Apartments

166 apartments starting at $2,000/month

Borough Hall Station (4, 5 Lines) Apartments

174 apartments starting at $2,000/month

DeKalb Av Station (B, Q, R Lines) Apartments

203 apartments starting at $2,000/month

High St Station Apartments

141 apartments starting at $2,000/month

Hoyt St Station Apartments

197 apartments starting at $2,000/month

Jay St-MetroTech Station (A, C, F Lines) Apartments

187 apartments starting at $2,000/month

Nearby cities

Bronx Apartments

109 apartments starting at $1,000/month

Brooklyn Apartments

905 apartments starting at $1,360/month

Jersey City Apartments

756 apartments starting at $1,250/month

Lower Merion Apartments

92 apartments starting at $1,450/month

Manhattan Apartments

1,995 apartments starting at $850/month

New York Apartments

3,304 apartments starting at $850/month

Philadelphia Apartments

3,256 apartments starting at $475/month

Queens Apartments

257 apartments starting at $1,000/month

West New York Apartments

44 apartments starting at $1,650/month

Nearby universities

ASA College Apartments

201 apartments starting at $2,000/month

City Tech Apartments

169 apartments starting at $2,000/month

Pace University Apartments

170 apartments starting at $1,800/month

Pratt Institute Apartments

143 apartments starting at $1,500/month

St Francis College Apartments

176 apartments starting at $2,000/month

Popular metro areas

Baltimore Metro Apartments

2,788 apartments starting at $500/month

Boston Metro Apartments

9,242 apartments starting at $850/month

New York Metro Apartments

5,038 apartments starting at $850/month

Philadelphia Metro Apartments

4,012 apartments starting at $475/month

Pittsburgh Metro Apartments

2,392 apartments starting at $495/month

Washington Metro Apartments

6,587 apartments starting at $702/month