New York, NY Rent Trends

Rank #1, last updated July 9

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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 $3,495. The average rent of a 1-bedroom in New York, NY is $3,975. The average rent of a 2-bedroom in New York, NY is $4,595. The average rent of a 3-bedroom in New York, NY is $5,598.

Studio

$3,495


1 bed

$3,975


2 beds

$4,595


3+ beds

$5,598

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

Jun 20 2024Aug 05 2024Sep 20 2024Nov 05 2024Dec 22 2024Feb 06 2025Mar 24 2025May 10 2025Jul 09 2025$1,200$2,050$2,900$4,480
  • New York
  • National

Apartment Rent Ranges in New York

The monthly rent for apartments in New York, NY ranges from $1,000 to $7,400+.

$1,000 - $2,600

$2,600 - $4,200

$4,200 - $5,800

$5,800 - $7,400

$7,400+

What is the average apartment size in New York?

The average size of a New York, NY apartment is 1003 square feet, while the median apartment size for New York, NY is 818 square feet. However, square footage varies based on unit type. Most rentals in New York, NY (35.32%) are 1 bedroom apartments, while the fewest (16.44%) are studio apartments. Meanwhile, 2 bedroom apartments account for 30.81%, and 3+ bedroom apartments make up 17.43%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

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

Studio1 bed2 beds3+ beds
Alphabet City$3,260$3,945$4,995$7,273
Astoria$2,375$3,013$3,700$4,000
Battery Park City$4,410$5,357$8,300$16,875
Bay Ridge*$2,275$2,950$3,773
Bayside*$2,540$2,900$4,500
Bedford–Stuyvesant$2,600$3,000$3,500$4,288
Bensonhurst*$1,935*$4,095
Boerum Hill$3,975$4,210$6,020$7,995
Borough Park*$2,247$2,500*
Brooklyn Heights$3,649$4,950$6,300$16,400
Brownsville*$2,163$2,902$3,574
Bushwick$3,000$3,098$3,500$4,000
Carroll Gardens*$3,995$5,540$9,750
Chelsea$4,304$5,748$7,900$12,229
Chinatown$3,398$3,498$4,000$8,683
Clinton Hill$3,250$3,929$4,898$5,475
Cobble Hill*$4,101$7,275$9,495
Concourse$2,201$2,575$3,163*
Concourse Village$2,201$2,575$3,163*
Coney Island*$2,986$3,999$3,603
Corona$2,781$2,856$3,310*
Crown Heights$3,038$3,200$3,500$4,320
Cypress Hill*$2,463$3,031$3,899
Ditmars Steinway$2,163$2,600$3,151$4,000
Downtown$3,870$4,655$6,825$12,725
Dumbo$4,192$5,405$7,519$8,995
East Flatbush$2,495$2,600$2,899$3,388
East Harlem$2,650$3,007$3,450$4,700
East New York*$2,476$2,988$3,500
East Village$3,425$3,995$5,415$7,500
East Williamsburg$3,500$3,999$4,000$4,950
Elmhurst$2,127$2,300$3,000*
Far Rockaway*$2,506*$3,442
Financial District$3,930$5,116$8,071$12,000
Flatbush$2,395$2,650$3,000$3,500
Flatiron District$4,275$6,888$10,810$13,500
Flatlands$2,381$2,795$3,158*
Flushing$1,850$2,375$3,900*
Forest Hills$2,175$2,888$4,049$5,550
Fort George$2,786$2,725$3,200$3,798
Fort Greene$3,325$4,390$6,355$6,875
Fort Hamilton*$2,450$3,200$3,830
Garment District$3,876$4,634$4,800*
Glendale**$2,999$3,235
Gowanus$3,450$4,213$6,228$6,499
Gramercy$3,950$5,071$6,470$7,895
Gravesend$1,820$2,300$2,975$3,225
Greenpoint$3,797$4,400$5,000$6,000
Greenwich Village$4,175$5,495$7,188$13,000
Greenwood Heights$2,700$3,525$3,750$4,998
Harlem$2,485$3,099$3,600$4,705
Hell's Kitchen$3,795$4,581$6,095$7,250
Hudson Square$4,532$6,500$13,250*
Inwood$3,128$2,323$3,700*
Jackson Heights*$2,450$3,200*
Jamaica$2,340$2,746$3,391$4,400
Kensington$2,400$2,600$3,075$4,295
Kew Gardens$1,685$2,570$3,063*
Kew Gardens Hills*$2,565$2,875*
Kips Bay$3,695$4,198$5,995$8,500
Little Italy*$3,963$5,295$17,500
Long Island City$3,538$4,333$6,000$7,350
Lower East Side$3,498$3,955$5,498$7,375
Midtown$3,821$5,000$6,968$9,100
Midwood$2,075$2,776$3,050$3,850
Morningside Heights$3,935$5,088$4,150$5,750
Murray Hill$3,689$5,000$7,089$8,793
Noho*$7,713*$23,083
Nolita$4,295$4,795$6,400$7,175
Oakland Gardens*$2,350$2,650$4,325
Park Slope$3,225$3,995$5,098$6,795
Prospect Heights$3,543$4,550$4,838$7,500
Prospect Lefferts Gardens$2,700$3,099$3,875$4,067
Red Hook**$3,600$9,999
Rego Park$2,000$2,400$3,900$4,850
Ridgewood*$2,900$3,200$3,797
Roosevelt Island$3,735$4,218$6,160*
Sheepshead Bay$1,925$2,300$2,700*
Soho$3,575$4,795$9,900$14,000
South Slope*$3,975$4,763$6,300
Stuyvesant Town*$5,526$6,538$7,730
Sunnyside$2,230$2,891$3,600$3,900
Sunset Park$2,700$3,100$3,435$3,900
Sutton Place$3,600$4,850$7,391$18,175
Theater District$3,775$4,660$7,285$26,000
Tribeca$6,700$7,470$15,000$22,225
Two Bridges*$5,250$8,050$11,995
Upper East Side$3,150$3,995$5,295$15,000
Upper West Side$3,500$4,700$6,500$10,995
Vinegar Hill*$5,409$5,229*
Washington Heights$2,300$2,700$3,195$3,800
West Village$4,298$5,487$7,395$14,995
Williamsburg$3,966$4,524$5,000$6,750
Windsor Terrace*$3,469$4,650$6,950
Woodside$2,800$2,750$3,400$3,800

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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