New York, NY Rent Trends

Rank #1, last updated March 17

Need help setting rent prices for your property? Try our free rental pricing tool here.

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 $3,495. The average rent of a 1-bedroom in New York, NY is $3,995. The average rent of a 2-bedroom in New York, NY is $4,500. The average rent of a 3-bedroom in New York, NY is $5,000.

Studio

$3,495


1 bed

$3,995


2 beds

$4,500


3+ beds

$5,000

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 $600 to $7,400+.

$600 - $2,300

$2,300 - $4,000

$4,000 - $5,700

$5,700 - $7,400

$7,400+

What is the average apartment size in New York?

The average size of a New York, NY apartment is 959 square feet, while the median apartment size for New York, NY is 795 square feet. However, square footage varies based on unit type. Most rentals in New York, NY (35.71%) are 1 bedroom apartments, while the fewest (16.5%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 30.16%, and studio apartments make up 17.63%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

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

Studio1 bed2 beds3+ beds
Alphabet City$3,498$3,997$5,173$7,800
Astoria$2,775$2,950$3,500$4,000
Battery Park City$4,257$5,149$7,541$17,500
Bay Ridge$1,950$2,100$2,850$3,420
Bayside**$2,850$4,300
Bedford–Stuyvesant$2,597$3,058$3,500$3,995
Belmont/Little Italy*$2,400$2,796$3,600
Bensonhurst*$2,050$2,550$3,300
Boerum Hill$3,348$4,174$5,595$9,650
Borough Park*$2,340$2,750*
Briarwood*$2,175$2,750*
Brighton Beach*$2,513$3,295*
Brooklyn Heights$3,863$4,497$7,774$15,375
Brownsville*$2,700$2,900$3,199
Bushwick$2,764$3,050$3,425$4,200
Carroll Gardens*$3,800$5,528$8,500
Chelsea$4,300$6,310$8,135$10,495
Chinatown*$4,363$4,298*
Clinton Hill$2,990$3,995$5,000$5,500
Coney Island*$3,275$3,975*
Crown Heights$2,772$3,199$3,350$4,000
Cypress Hill*$2,750$3,200$3,500
Ditmars Steinway*$2,850$3,150$3,999
Downtown$3,840$4,806$7,095$11,448
Dumbo$3,650$5,270$7,534*
East Flatbush$2,499$2,663$2,998$3,725
East Harlem$2,884$2,850$3,495$4,995
East New York*$2,600$2,949$3,500
East Village$3,760$4,098$5,500$8,450
East Williamsburg*$4,048$4,070$5,200
Elmhurst$2,000$2,325$3,075$3,500
Financial District$4,109$5,189$7,749$9,873
Flatbush$2,495$2,750$3,000$3,763
Flatiron District$5,495$6,675$10,825*
Flatlands*$2,595$2,850*
Flushing$2,231$2,588$3,300$3,450
Forest Hills$2,213$2,900$3,188$4,160
Fort George$2,845$2,390$3,100$3,777
Fort Greene$3,565$4,464$5,799$6,750
Fresh Meadows*$2,400$2,893*
Garment District$3,651$4,650*$6,495
Glendale*$2,550$2,800*
Gowanus$3,523$4,518$5,671$9,000
Gramercy$4,041$5,400$6,500$13,998
Gravesend**$3,000$3,200
Greenpoint$3,679$4,500$5,125$6,300
Greenwich Village$4,542$5,495$7,890$13,247
Greenwood Heights*$2,998$3,300$4,750
Harlem$2,288$2,900$3,500$4,275
Hell's Kitchen$3,800$4,532$6,495$7,500
Hudson Square*$8,495$15,000*
Inwood$3,100$2,400$2,800$3,200
Jackson Heights$2,098$2,495$2,775*
Jamaica$2,400$2,544$3,099$3,426
Kensington*$2,750$3,048*
Kew Gardens$1,875$2,350$2,900*
Kew Gardens Hills*$2,300$3,023$3,425
Kips Bay$3,500$4,798$5,885$8,168
Little Italy**$5,350$17,999
Long Island City$3,507$4,368$6,159$7,570
Lower East Side$3,998$4,495$5,245$7,995
Midtown$3,900$5,150$7,000$9,500
Midwood$2,312$2,200$3,200$3,900
Morningside Heights$4,698$3,623$4,250$5,086
Murray Hill$3,850$5,200$7,354$8,635
Murray Hill - Queens*$2,250$3,045*
Nolita*$5,373$6,018*
Oakland Gardens*$2,350$2,775$3,100
Park Slope$4,099$3,500$4,625$6,400
Prospect Heights$3,291$4,373$4,795*
Prospect Lefferts Gardens$2,460$3,050$3,235$3,895
Rego Park$2,175$2,700$3,595$3,700
Ridgewood*$2,875$3,300$4,000
Roosevelt Island$3,554$4,289$5,017*
Sheepshead Bay*$2,528$3,600$3,475
Soho*$4,698$12,500$14,500
South Slope*$3,450$4,500$5,800
Stuyvesant Town*$5,064$5,929$8,255
Sunnyside$2,425$2,500$3,975*
Sunset Park*$2,695$3,000$3,500
Sutton Place$3,610$5,300$7,650*
Theater District$4,224$4,500$7,500*
Tribeca$5,200$7,060$7,820$12,950
Two Bridges*$5,425$4,100$11,895
Upper East Side$3,250$4,400$5,698$14,425
Upper West Side$3,450$4,685$7,018$12,900
Washington Heights$2,290$2,650$3,100$3,777
West Village$4,702$5,495$7,693$15,060
Williamsburg$3,934$4,605$5,550$6,852
Windsor Terrace*$3,225$4,500*
Woodside$2,616$2,775$3,300$3,600

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

Popular searches

Pet Friendly Apartments New York

469 apartments starting at $1,500/month

Studio Apartments New York

485 apartments starting at $850/month

1 Bedroom Apartments New York

1,537 apartments starting at $600/month

2 Bedroom Apartments New York

828 apartments starting at $488/month

3 Bedroom Apartments New York

591 apartments starting at $1,700/month

Cheap Apartments New York

3,143 apartments starting at $488/month

Short Term Rentals New York

228 apartments starting at $1,000/month

Houses for Rent New York

43 apartments starting at $600/month

Nearby neighborhoods

Chelsea Apartments

104 apartments starting at $1,850/month

Downtown Apartments

155 apartments starting at $2,646/month

East Village Apartments

34 apartments starting at $2,600/month

Financial District Apartments

71 apartments starting at $3,150/month

Gramercy Apartments

35 apartments starting at $3,700/month

Greenwich Village Apartments

67 apartments starting at $3,000/month

Kips Bay Apartments

55 apartments starting at $2,799/month

Midtown Apartments

592 apartments starting at $1,850/month

Murray Hill Apartments

90 apartments starting at $2,695/month

Park Slope Apartments

24 apartments starting at $2,466/month

West Village Apartments

46 apartments starting at $3,675/month

Williamsburg Apartments

80 apartments starting at $1,200/month

Nearby cities

Bronx Apartments

189 apartments starting at $600/month

Brooklyn Apartments

729 apartments starting at $850/month

Camden Apartments

28 apartments starting at $1,075/month

Jersey City Apartments

840 apartments starting at $1,150/month

Lower Merion Apartments

94 apartments starting at $1,400/month

Manhattan Apartments

1,334 apartments starting at $1,400/month

Philadelphia Apartments

3,607 apartments starting at $475/month

Queens Apartments

741 apartments starting at $488/month

Staten Island Apartments

103 apartments starting at $1,600/month

Nearby universities

BMCC Apartments

158 apartments starting at $2,300/month

City Tech Apartments

143 apartments starting at $2,646/month

Institute of Culinary Education Apartments

168 apartments starting at $2,300/month

NYU Apartments

95 apartments starting at $2,600/month

Pace University Apartments

132 apartments starting at $2,300/month

Popular metro areas

Baltimore Metro Apartments

3,113 apartments starting at $500/month

Boston Metro Apartments

8,524 apartments starting at $895/month

New York Metro Apartments

4,960 apartments starting at $488/month

Philadelphia Metro Apartments

4,430 apartments starting at $475/month

Pittsburgh Metro Apartments

2,604 apartments starting at $525/month

Washington Metro Apartments

6,392 apartments starting at $879/month