New York, NY Rent Trends

Rank #1, last updated January 27

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 $3,400. The average rent of a 1-bedroom in New York, NY is $3,900. 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 $5,400.

Studio

$3,400


1 bed

$3,900


2 beds

$4,500


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 $500 to $7,700+.

$500 - $2,300

$2,300 - $4,100

$4,100 - $5,900

$5,900 - $7,700

$7,700+

What is the average apartment size in New York?

The average size of a New York, NY apartment is 1004 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 (37.37%) are 1 bedroom apartments, while the fewest (16.2%) are studio apartments. Meanwhile, 2 bedroom apartments account for 30.06%, and 3+ bedroom apartments make up 16.37%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

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

Studio1 bed2 beds3+ beds
Alphabet City$3,098$4,035$5,350$7,995
Astoria$2,855$3,000$3,700$4,000
Battery Park City$4,350$4,975$8,500$16,750
Bay Ridge*$2,175$3,000$3,855
Bayside*$2,450$2,875*
Bedford–Stuyvesant$2,650$3,000$3,400$3,995
Belmont/Little Italy**$2,800$4,000
Bensonhurst*$2,200$2,800$3,349
Boerum Hill$3,473$4,650$5,985$10,250
Borough Park*$2,111$2,715*
Brooklyn Heights$3,995$4,660$6,800*
Brownsville*$2,525$2,938$3,200
Bushwick$2,575$2,897$3,500$4,100
Carroll Gardens*$3,850$5,750$15,000
Chelsea$4,500$5,650$8,000$8,925
Clinton Hill$3,200$3,692$4,715$8,100
Coney Island*$3,225$4,099$5,125
Corona*$2,795$3,138*
Crown Heights$3,150$3,100$3,610$4,250
Cypress Hill**$3,038$3,600
Ditmars Steinway*$2,725$3,225$3,600
Downtown$3,683$4,860$7,205$11,925
Dumbo$3,872$4,650$8,000*
East Flatbush$2,225$2,500$2,899$3,495
East Harlem$2,800$2,895$3,295$4,210
East New York*$2,050$2,888$3,600
East Village$3,175$4,000$5,495$7,495
East Williamsburg*$4,798$5,150$4,650
Elmhurst$2,150$2,275$3,450*
Financial District$3,999$5,194$8,010$9,500
Flatbush$2,300$2,650$2,995$3,500
Flatiron District$5,475$6,818$10,175$17,350
Flushing$2,000$2,798$3,100*
Forest Hills$2,195$2,750$3,100$5,407
Fort George$1,950$2,315$3,100$3,450
Fort Greene$3,498$4,245$5,995$7,200
Fort Hamilton*$2,150$3,050$3,855
Garment District$3,595$4,262$4,995*
Gowanus$3,595$4,175$6,240$7,750
Gramercy$3,900$5,498$5,898$12,750
Gravesend*$2,248$2,872$3,300
Greenpoint$3,625$4,581$5,290$6,700
Greenwich Village$4,165$5,600$7,896$10,179
Greenwood Heights*$3,166$3,400$4,850
Harlem$2,250$2,850$3,598$4,225
Hell's Kitchen$3,649$4,495$6,395$7,723
Hudson Square*$6,825$12,498*
Inwood$2,813$2,299$2,875$3,200
Jackson Heights$2,319$2,400$3,050*
Jamaica$2,350$2,698$3,390*
Kensington*$2,700$2,843*
Kew Gardens$2,000$2,373$3,200*
Kew Gardens Hills*$2,450$2,750*
Kips Bay$3,634$4,498$5,877$7,720
Little Italy*$4,012$5,750*
Long Island City$3,475$4,230$6,000$7,387
Lower East Side$2,950$3,995$5,398$7,200
Maspeth*$2,300$2,898*
Midtown$3,750$4,995$6,790$9,600
Midwood*$2,300$3,195$3,995
Morningside Heights$4,700$3,650$4,375$5,425
Murray Hill$3,500$4,900$5,950$8,048
Noho*$8,500$16,500*
Nolita*$4,898$5,995*
Oakland Gardens**$2,750$3,325
Park Slope$3,196$3,825$4,350$7,125
Prospect Heights$3,500$4,375$4,850*
Prospect Lefferts Gardens$2,591$2,997$3,892$3,675
Rego Park$2,500$2,600$3,650*
Ridgewood*$2,950$3,200$4,200
Roosevelt Island$3,316$4,218$5,900*
Sheepshead Bay$2,417$2,745$3,748$3,600
Soho*$4,800$14,500$25,000
South Slope*$3,500$4,000$4,900
Stuyvesant Town*$4,850$6,099$8,466
Sunnyside$2,500$2,850$3,400$3,800
Sunset Park*$2,750$3,150$3,875
Sutton Place$3,485$5,183$6,779*
Theater District$3,695$4,508$7,721*
Tribeca$4,700$6,787$9,148$22,000
Two Bridges*$4,013$8,495$11,450
Upper East Side$3,200$4,300$6,165$17,000
Upper West Side$3,307$4,898$7,200$13,723
Washington Heights$2,200$2,385$3,100$3,550
West Village$4,632$5,579$7,650$8,574
Williamsburg$3,667$4,450$5,098$6,198
Windsor Terrace*$3,100$4,000*
Woodside$2,537$2,925$3,398$4,075

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

508 apartments starting at $1,000/month

Studio Apartments New York

583 apartments starting at $850/month

1 Bedroom Apartments New York

1,926 apartments starting at $550/month

2 Bedroom Apartments New York

1,114 apartments starting at $488/month

3 Bedroom Apartments New York

731 apartments starting at $1,700/month

Cheap Apartments New York

4,022 apartments starting at $488/month

Short Term Rentals New York

396 apartments starting at $1,650/month

Houses for Rent New York

19 apartments starting at $550/month

Nearby neighborhoods

Alphabet City Apartments

46 apartments starting at $2,599/month

Chelsea Apartments

106 apartments starting at $1,850/month

Clinton Hill Apartments

24 apartments starting at $3,000/month

Downtown Apartments

230 apartments starting at $2,400/month

East Village Apartments

45 apartments starting at $2,600/month

Financial District Apartments

101 apartments starting at $3,150/month

Gramercy Apartments

30 apartments starting at $2,750/month

Greenwich Village Apartments

101 apartments starting at $2,550/month

Lower East Side Apartments

30 apartments starting at $2,895/month

Soho Apartments

19 apartments starting at $3,750/month

Tribeca Apartments

35 apartments starting at $4,100/month

West Village Apartments

70 apartments starting at $3,300/month

Nearby cities

Bayonne Apartments

34 apartments starting at $1,575/month

Bronx Apartments

223 apartments starting at $550/month

Brooklyn Apartments

1,036 apartments starting at $850/month

Camden Apartments

22 apartments starting at $1,050/month

Jersey City Apartments

935 apartments starting at $1,250/month

Manhattan Apartments

1,764 apartments starting at $1,850/month

Philadelphia Apartments

3,597 apartments starting at $525/month

Queens Apartments

849 apartments starting at $488/month

Staten Island Apartments

97 apartments starting at $1,300/month

Nearby universities

BMCC Apartments

221 apartments starting at $2,150/month

City Tech Apartments

173 apartments starting at $2,400/month

Institute of Culinary Education Apartments

220 apartments starting at $2,300/month

NYU Apartments

127 apartments starting at $2,150/month

Pace University Apartments

198 apartments starting at $2,300/month

Popular metro areas

Baltimore Metro Apartments

2,982 apartments starting at $500/month

Boston Metro Apartments

6,777 apartments starting at $840/month

New York Metro Apartments

6,009 apartments starting at $488/month

Philadelphia Metro Apartments

4,367 apartments starting at $525/month

Pittsburgh Metro Apartments

2,165 apartments starting at $595/month

Washington Metro Apartments

6,446 apartments starting at $650/month