New York, NY Rent Trends

Rank #1, last updated December 4

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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 $3,300. The average rent of a 1-bedroom in New York, NY is $3,850. The average rent of a 2-bedroom in New York, NY is $4,585. The average rent of a 3-bedroom in New York, NY is $5,400.

Studio

$3,300


1 bed

$3,850


2 beds

$4,585


3+ beds

$5,400

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 $7,200+.

$800 - $2,400

$2,400 - $4,000

$4,000 - $5,600

$5,600 - $7,200

$7,200+

What is the average apartment size in New York?

The average size of a New York, NY apartment is 1023 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 (36.33%) are 1 bedroom apartments, while the fewest (16.13%) are studio apartments. Meanwhile, 2 bedroom apartments account for 30.53%, and 3+ bedroom apartments make up 17.01%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

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

Studio1 bed2 beds3+ beds
Alphabet City$3,050$3,995$4,805$7,995
Astoria$2,475$2,900$3,500$4,000
Battery Park City$4,016$4,910$7,533$13,500
Bay Ridge*$2,200$3,125$3,550
Bayside*$2,550$3,000$4,025
Bedford–Stuyvesant$2,545$2,994$3,295$4,000
Belmont/Little Italy**$3,075$3,600
Bensonhurst$1,750$1,999$2,600*
Boerum Hill$4,025$3,988$5,545$6,348
Briarwood$1,750$2,138$2,375*
Brighton Beach*$2,500$2,999*
Brooklyn Heights$3,500$4,250$6,700$13,600
Brownsville*$2,490$3,000$3,454
Bushwick$2,669$2,900$3,400$4,000
Canarsie*$2,300*$3,475
Carroll Gardens*$3,498$5,250$7,313
Chelsea$4,225$5,487$7,575$12,000
Chinatown*$3,150$4,695*
Clinton Hill$3,150$3,850$4,695$6,500
Cobble Hill$2,950$3,750**
Coney Island**$4,140$5,100
Corona**$3,095$3,500
Crown Heights$2,962$3,050$3,500$4,200
Cypress Hill**$3,100$3,450
Ditmars Steinway*$2,600$3,200$3,650
Downtown$3,727$4,650$7,100$15,375
Dumbo$3,659$4,745$6,693$18,000
East Flatbush$2,223$2,550$2,995$3,400
East Harlem$2,930$2,995$3,232$4,100
East New York*$1,999$3,000$3,475
East Village$4,125$3,995$5,500$7,995
East Williamsburg*$3,600$4,300$4,825
Elmhurst$1,938$2,322$3,150$3,799
Financial District$3,988$5,285$7,724$9,500
Flatbush$2,450$2,600$3,097$3,400
Flatiron District$4,619$6,600$10,598$14,900
Flatlands*$2,975*$3,150
Flushing$1,948$2,520$3,875$3,400
Forest Hills$2,463$2,800$3,275$4,646
Fort George$2,350$2,507$3,100$3,900
Fort Greene$3,470$4,220$6,123$6,059
Fort Hamilton*$2,100$3,250$3,700
Garment District$3,420$4,073$4,500*
Gowanus$3,407$4,108$5,894$7,750
Gramercy$3,995$5,175$6,000$10,998
Gravesend*$2,400$3,670*
Greenpoint$3,584$4,346$5,700$7,850
Greenwich Village$4,000$5,250$6,700$12,500
Greenwood Heights*$3,225$3,225$5,574
Harlem$2,325$2,800$3,505$4,395
Hell's Kitchen$3,365$4,353$6,500$6,950
Inwood$2,820$2,272$2,935$3,300
Jackson Heights$2,015$2,450$2,913*
Jamaica$1,930$2,650$3,461$3,476
Kensington*$2,300$3,150$4,000
Kew Gardens$2,050$2,388$3,500*
Kew Gardens Hills*$2,886$2,700*
Kips Bay$3,600$4,525$5,353$7,510
Little Italy*$3,724$5,573*
Long Island City$3,415$4,167$5,975$7,775
Lower East Side$3,600$4,295$5,100$7,000
Maspeth*$2,350$2,900$3,348
Midtown$3,650$4,792$6,800$11,375
Midwood*$2,513$3,075$3,990
Morningside Heights$4,438$3,600$4,598$6,000
Murray Hill$3,495$4,600$6,424$8,048
Nolita$3,206$4,827$6,245*
Oakland Gardens**$2,750$4,098
Park Slope$3,199$3,550$4,625$6,495
Prospect Heights$3,515$4,200$5,500*
Prospect Lefferts Gardens$2,573$2,842$4,000$4,400
Red Hook**$3,749$5,100
Rego Park$2,141$2,600$3,788$3,800
Ridgewood*$2,700$3,222$4,125
Riverdale*$2,775$3,692*
Roosevelt Island*$4,285$5,790*
Sheepshead Bay*$2,625$3,250$3,590
Soho*$4,075$16,000$19,250
South Slope*$3,550$4,200$5,925
Stuyvesant Town*$4,899$5,181$7,176
Sunnyside$2,950$2,750$3,250*
Sunset Park*$2,750$3,000$4,500
Sutton Place$3,270$4,100$6,550$14,139
Theater District$3,997$4,200$7,225*
Tribeca$4,480$6,598$9,780$19,995
Two Bridges*$3,538$7,549$7,500
Upper East Side$2,850$4,113$5,775$14,975
Upper West Side$3,346$4,683$6,774$12,998
Vinegar Hill*$4,163$5,950*
Washington Heights$2,350$2,626$3,050$3,873
West Village$4,295$5,372$6,548$9,448
Williamsburg$3,564$4,725$5,400$5,650
Windsor Terrace$2,238$3,130$3,895*
Woodside$2,375$2,700$3,200$3,700

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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