New York, NY Rent Trends

Rank #1, last updated June 23

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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 $3,500. 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 $4,507. The average rent of a 3-bedroom in New York, NY is $5,500.

Studio

$3,500


1 bed

$3,900


2 beds

$4,507


3+ beds

$5,500

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 08 2024Jul 22 2024Sep 05 2024Oct 21 2024Dec 06 2024Jan 21 2025Mar 08 2025Apr 23 2025Jun 23 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 $300 to $8,300+.

$300 - $2,300

$2,300 - $4,300

$4,300 - $6,300

$6,300 - $8,300

$8,300+

What is the average apartment size in New York?

The average size of a New York, NY apartment is 1037 square feet, while the median apartment size for New York, NY is 813 square feet. However, square footage varies based on unit type. Most rentals in New York, NY (35.84%) are 1 bedroom apartments, while the fewest (15.95%) are studio apartments. Meanwhile, 2 bedroom apartments account for 30.05%, and 3+ bedroom apartments make up 18.15%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

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

Studio1 bed2 beds3+ beds
Alphabet City$3,250$3,995$4,995$7,100
Astoria$2,675$3,000$3,550$4,000
Battery Park City$4,357$5,295$8,498$16,875
Bay Ridge$2,050$2,425$2,988$3,600
Bayside*$2,545*$3,350
Bedford–Stuyvesant$2,500$2,995$3,500$4,350
Belmont/Little Italy**$2,700$3,717
Bensonhurst*$2,000$2,525*
Boerum Hill$3,966$4,124$6,175$8,050
Borough Park*$2,250$2,625*
Briarwood*$2,049$2,273*
Brighton Beach*$2,438$3,650*
Brooklyn Heights$3,854$4,305$6,847$15,000
Brownsville*$2,450$2,749$3,550
Bushwick$2,700$3,000$3,548$4,125
Carroll Gardens*$3,800$4,150$8,000
Chelsea$4,300$5,695$8,945$15,975
Chinatown$4,000$3,890$4,850$6,975
Clinton Hill$3,200$3,895$4,900$5,833
Cobble Hill*$3,500$7,648*
Concourse$2,195$2,500$3,331*
Concourse Village$2,195$2,538$3,163*
Coney Island*$3,887$3,999*
Corona*$2,885$3,856*
Crown Heights$3,144$3,200$3,450$4,400
Cypress Hill*$2,450$3,075$3,675
Ditmars Steinway*$2,483$3,300$4,100
Downtown$3,870$4,750$7,147$13,500
Dumbo$4,222$5,340$7,350$15,500
East Flatbush$2,500$2,600$2,897$3,500
East Harlem$2,768$3,000$3,495$4,500
East New York$2,025$2,450$2,924$3,464
East Village$3,400$3,995$5,495$7,600
East Williamsburg$3,950$3,750$4,048$5,097
Elmhurst$2,052$2,400$3,248*
Financial District$3,916$5,200$8,250$12,548
Flatbush$2,624$2,600$2,995$3,603
Flatiron District$4,310$7,000$9,000*
Flatlands$2,125$2,665$3,000$3,606
Flushing$1,950$2,500$3,275$3,450
Forest Hills$2,975$2,849$3,600$5,200
Fort George$1,998$2,697$3,148$3,800
Fort Greene$3,532$4,200$5,910$7,010
Fort Hamilton*$2,600$3,163$3,800
Fresh Meadows*$2,300$2,696*
Garment District$3,684$4,568$6,517*
Glendale**$2,999$3,350
Gowanus$3,425$4,297$6,361$7,700
Gramercy$3,850$5,500$6,700$7,750
Gravesend$1,750$2,775$2,700*
Greenpoint$3,668$4,440$5,125$6,348
Greenwich Village$4,300$5,500$7,400$13,753
Greenwood Heights*$3,631$3,875$4,800
Harlem$2,537$2,880$3,500$4,625
Hell's Kitchen$3,900$4,559$6,491$7,400
Hudson Square$3,650$8,550$13,498$22,950
Inwood$3,125$2,400$4,044*
Jackson Heights$2,175$2,450$3,150*
Jamaica$2,150$2,761$3,469$4,400
Kensington$2,400$2,650$3,175$4,000
Kew Gardens*$2,599$3,198$6,500
Kew Gardens Hills*$2,438$2,750*
Kips Bay$3,800$4,605$6,016$8,500
Little Italy*$3,928$5,398$8,733
Long Island City$3,555$4,250$5,850$7,708
Lower East Side$3,498$4,000$5,023$7,863
Maspeth*$2,500$2,600$3,187
Midtown$3,967$5,154$7,040$9,300
Midwood$2,150$2,800$3,272$3,950
Morningside Heights$3,639$5,088$4,198$5,350
Murray Hill$3,563$5,061$7,131$9,098
Nolita$4,200$5,164$6,123$9,995
Oakland Gardens**$2,625$3,450
Park Slope$3,199$3,775$4,950$7,000
Prospect Heights$3,595$4,363$5,599$6,495
Prospect Lefferts Gardens$2,763$3,067$3,500$4,081
Red Hook**$3,450$10,000
Rego Park$1,900$2,575$4,209$5,000
Ridgewood*$2,962$3,300$3,650
Riverdale*$2,840$2,992*
Roosevelt Island$3,630$4,225$6,250$6,858
Sheepshead Bay$2,350$2,600$2,700*
Soho*$4,530$14,500$14,948
South Slope$2,750$3,700$4,725$5,995
Stuyvesant Town*$5,504$6,421$7,802
Sunnyside$2,298$3,050$3,600$4,200
Sunset Park*$2,875$3,460$4,400
Sutton Place$3,360$4,963$7,022$14,029
Theater District$3,905$4,763$8,260*
Tribeca$4,702$7,500$15,498$24,750
Two Bridges*$4,995$7,750$12,495
Upper East Side$3,360$4,050$5,350$13,750
Upper West Side$3,398$4,595$6,923$9,500
Washington Heights$2,000$2,685$3,100$3,748
West Village$4,350$5,633$7,775$13,070
Williamsburg$3,871$4,801$5,040$6,550
Windsor Terrace*$3,250$4,600*
Woodside$2,650$3,050$3,550$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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