New York, NY Rent Trends

Rank #2, last updated September 14

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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 New York?

The average rent of a studio apartment in New York, NY is $3,500. The average rent of a 1-bedroom in New York, NY is $4,000. The average rent of a 2-bedroom in New York, NY is $4,999. The average rent of a 3-bedroom in New York, NY is $5,762.

Studio

$3,500


1 bed

$4,000


2 beds

$4,999


3+ beds

$5,762

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 $800 to $8,000+.

$800 - $2,600

$2,600 - $4,400

$4,400 - $6,200

$6,200 - $8,000

$8,000+

What is the average apartment size in New York?

The average size of a New York, NY apartment is 1005 square feet, while the median apartment size for New York, NY is 813 square feet. However, square footage varies based on unit type. Most rentals in New York, NY (35.81%) are 1 bedroom apartments, while the fewest (16.07%) are studio apartments. Meanwhile, 2 bedroom apartments account for 30.41%, and 3+ bedroom apartments make up 17.71%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

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

Studio1 bed2 beds3+ beds
Alphabet City$3,495$4,325$5,350$8,075
Astoria$2,800$3,280$4,000$4,225
Battery Park City$4,300$5,383$7,685*
Bay Ridge$1,995$2,300$3,000$3,775
Bayside*$2,300*$3,850
Bedford–Stuyvesant$2,800$3,200$3,850$4,795
Bensonhurst*$2,000*$3,375
Boerum Hill$3,503$4,300$5,650$12,393
Borough Park*$2,434$2,695*
Briarwood$1,875$2,300$2,700*
Brighton Beach$2,100$2,600$3,099*
Brooklyn Heights$3,250$4,725$8,315$16,100
Brownsville*$2,600$2,825$3,573
Bushwick$2,850$3,200$3,750$4,500
Canarsie**$2,775$3,500
Carroll Gardens*$4,300$5,350$8,725
Chelsea$4,523$6,287$9,662$13,750
Clinton Hill$3,333$3,963$5,250$6,300
Cobble Hill$3,100*$4,999*
Coney Island*$3,218$3,800*
Crown Heights$2,884$3,200$4,450$4,999
Cypress Hill*$2,500$2,944$3,666
Ditmars Steinway*$2,600$3,600$4,249
Downtown$3,982$4,990$7,150$11,500
Dumbo$4,496$5,382$7,850*
East Flatbush$2,599$2,700$2,998$3,673
East Harlem$2,765$3,150$3,600$4,695
East New York*$2,500$2,900$3,617
East Village$3,398$4,000$5,750$8,500
East Williamsburg*$3,575$4,475$5,650
Elmhurst$2,246$2,398$3,375$3,600
Financial District$4,233$5,629$7,916$11,683
Flatbush$2,650$2,790$3,100$3,695
Flatiron District$4,845$6,575$9,600*
Flatlands*$2,799$3,499*
Flushing$2,230$2,495$3,600$3,350
Forest Hills$2,300$2,800$3,350$5,000
Fort George$1,962$2,439$3,475$3,895
Fort Greene$3,783$4,650$6,125$5,250
Fresh Meadows*$2,400$2,773*
Garment District$3,797$4,577$5,995*
Glendale**$2,975$3,350
Gowanus$3,500$4,275$6,833$9,448
Gramercy$3,900$5,248$8,000$13,159
Gravesend*$2,475$2,800*
Greenpoint$3,778$4,500$5,500$8,550
Greenwich Village$4,495$6,100$7,748$9,495
Greenwood Heights*$3,200$4,000$6,200
Harlem$2,640$2,993$3,625$4,598
Hell's Kitchen$3,753$4,953$5,998$7,550
Inwood*$2,509$2,895*
Jackson Heights*$2,500$3,175$3,975
Jamaica$2,400$2,650$3,248$3,650
Kensington*$2,500$3,175$4,150
Kew Gardens$2,472$2,598$4,100*
Kips Bay$3,618$5,056$6,404$8,675
Little Italy**$5,200$8,000
Long Island City$3,600$4,395$6,500$8,247
Lower East Side$3,499$4,448$6,275$10,123
Maspeth*$2,200$3,100$3,250
Midtown$3,912$5,341$7,575$10,106
Midwood$2,110$2,780$3,097$3,300
Morningside Heights*$3,995$5,073$6,000
Murray Hill$3,650$5,250$7,600$8,250
Murray Hill - Queens*$2,400$2,998*
Nolita*$4,895$6,150$9,495
Oakland Gardens**$2,750$3,495
Park Slope$3,400$3,895$5,150$7,999
Prospect Heights$3,725$4,425$4,920$5,600
Prospect Lefferts Gardens$2,981$3,050$4,300$4,375
Rego Park$2,175$2,650$4,015$4,000
Ridgewood*$2,800$3,449$4,325
Roosevelt Island$3,726$4,248$6,284*
Sheepshead Bay$2,361$2,350$3,400$3,600
Soho$4,250$4,850$11,725$14,250
South Slope*$3,725$5,099$6,675
Stuyvesant Town*$5,580$5,462$7,356
Sunnyside$2,500$2,850$3,700$4,250
Sunset Park*$2,850$3,500$3,600
Sutton Place$4,194$4,948$7,505*
Theater District$4,247$5,398$7,921*
Tribeca$4,795$6,948$12,000$19,500
Two Bridges*$4,975$7,100$8,400
Upper East Side$3,250$4,250$6,825$15,000
Upper West Side$3,498$4,800$7,278$9,800
Washington Heights$2,225$2,800$3,400$3,995
West Village$4,827$6,000$7,748$9,495
Williamsburg$4,030$4,760$5,500$7,845
Windsor Terrace$2,995$3,500$4,675$6,800
Woodside*$2,690$3,450$4,600

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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