New York, NY Rent Trends

Rank #1, last updated August 12

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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 $3,450. The average rent of a 1-bedroom in New York, NY is $3,937. 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 $5,750.

Studio

$3,450


1 bed

$3,937


2 beds

$4,595


3+ beds

$5,750

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

Jul 26 2024Sep 09 2024Oct 25 2024Dec 10 2024Jan 25 2025Mar 12 2025Apr 27 2025Jun 11 2025Aug 12 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 987 square feet, while the median apartment size for New York, NY is 800 square feet. However, square footage varies based on unit type. Most rentals in New York, NY (34.19%) are 1 bedroom apartments, while the fewest (16.38%) are studio apartments. Meanwhile, 2 bedroom apartments account for 30.79%, and 3+ bedroom apartments make up 18.65%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

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

Studio1 bed2 beds3+ beds
Alphabet City$3,225$3,995$5,295$7,058
Astoria$2,750$3,000$3,800$4,125
Battery Park City$4,144$5,193$7,640$15,488
Bay Ridge*$2,375$3,250$3,860
Bedford–Stuyvesant$2,595$2,975$3,497$4,400
Bensonhurst*$2,173*$3,725
Boerum Hill$3,415$3,775$6,000$8,373
Borough Park*$2,124$2,800$3,350
Briarwood*$2,218$3,250*
Brooklyn Heights$3,407$4,900$6,800$16,075
Brownsville**$2,750$3,445
Bushwick$2,800$3,133$3,500$4,300
Carroll Gardens*$4,000$5,400$10,225
Chelsea$4,266$5,750$8,371$12,245
Chinatown$3,023$3,895$4,548$6,300
Clinton Hill$3,100$3,750$4,995$5,500
Cobble Hill*$3,500$5,718$25,000
Concourse$2,204$2,575**
Coney Island*$2,800$3,999*
Corona*$3,373$3,230*
Crown Heights$2,700$3,000$3,850$4,350
Cypress Hill*$2,500$3,050*
Ditmars Steinway*$2,828$3,625$4,200
Downtown$3,915$4,692$6,850$13,750
Dumbo$4,224$5,350$7,378$10,341
East Flatbush$2,520$2,662$3,000$3,525
East Harlem$2,895$2,950$3,495$4,748
East New York$2,500$2,500$2,890$3,499
East Village$3,375$3,898$5,423$7,800
East Williamsburg$4,250$3,600$4,199$4,895
Elmhurst$2,025$2,599$3,000*
Financial District$3,917$5,268$7,723$11,500
Flatbush$2,600$2,750$3,100$3,600
Flatiron District$4,795$6,299$11,148$16,800
Flatlands*$2,499$3,000$3,703
Flushing$2,100$2,499$3,498*
Forest Hills$2,872$2,785$3,586$5,197
Fort George$2,995$2,495$2,998$3,700
Fort Greene$3,423$4,149$6,069$7,213
Fort Hamilton*$2,425$3,388$3,930
Garment District$3,667$4,200$4,500*
Gowanus$3,318$4,200$6,017$6,400
Gramercy$3,900$5,298$6,362$9,995
Gravesend$2,525$2,125$2,699$3,800
Greenpoint$3,647$4,501$5,000$6,288
Greenwich Village$4,200$5,498$6,995$13,250
Greenwood Heights$2,500$3,420$3,875$4,750
Harlem$2,400$2,995$3,600$4,600
Hell's Kitchen$3,758$4,500$5,818$6,922
Hudson Square$5,000$6,795$13,995$21,950
Inwood$3,125$2,328$2,850*
Jackson Heights$1,995$2,350$3,200*
Jamaica$2,312$2,750$3,450$4,500
Kensington$2,375$3,012$2,998$3,600
Kew Gardens*$2,598$3,500*
Kew Gardens Hills*$2,200$2,800*
Kips Bay$3,713$4,393$5,500$7,837
Little Italy*$3,748$5,498$17,500
Long Island City$3,593$4,280$6,405$7,905
Lower East Side$3,225$4,045$4,900$6,900
Maspeth**$2,775$3,400
Midtown$3,800$4,950$6,445$9,148
Midwood$2,198$2,745$3,450$3,800
Morningside Heights*$4,125$4,250$6,450
Murray Hill$3,582$4,800$6,675$8,000
Murray Hill - Queens$2,098$2,400$3,098*
Noho*$5,795$9,250*
Nolita*$5,233$6,030$7,750
Park Slope$3,113$3,750$4,838$6,798
Prospect Heights$3,395$4,000$5,495$6,000
Prospect Lefferts Gardens$2,450$3,294$3,595$4,099
Red Hook**$3,600$9,000
Rego Park$2,100$2,700$3,600$4,500
Ridgewood*$2,850$3,199$3,863
Roosevelt Island$3,538$4,288$5,500$6,495
Sheepshead Bay$2,998$2,798$3,000*
Soho$3,925$4,750$11,850$13,475
South Slope*$3,825$4,200$6,350
Stuyvesant Town*$5,296$5,709$7,690
Sunnyside$2,225$2,800$3,900$4,900
Sunset Park$2,500$2,790$3,200$3,600
Sutton Place$4,100$5,035$7,700*
Theater District$3,944$4,809$6,970*
Tribeca$4,744$7,563$13,260$21,475
Two Bridges*$5,275$8,350$11,995
Upper East Side$3,195$3,895$5,495$13,750
Upper West Side$3,400$4,618$6,500$9,973
Vinegar Hill*$5,041$6,090*
Washington Heights$2,175$2,600$3,000$3,800
West Village$4,200$5,495$7,348$15,600
Williamsburg$3,817$4,620$5,400$6,721
Windsor Terrace*$3,150$4,425$6,835
Woodside$2,325$2,700$3,600$3,900

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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