New York, NY Rent Trends

Rank #2, last updated September 6

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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 $4,000. The average rent of a 2-bedroom in New York, NY is $4,995. The average rent of a 3-bedroom in New York, NY is $5,750.

Studio

$3,500


1 bed

$4,000


2 beds

$4,995


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

Apartment Rent Ranges in New York

The monthly rent for apartments in New York, NY ranges from $800 to $7,600+.

$800 - $2,500

$2,500 - $4,200

$4,200 - $5,900

$5,900 - $7,600

$7,600+

What is the average apartment size in New York?

The average size of a New York, NY apartment is 984 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 (35.4%) are 1 bedroom apartments, while the fewest (16.82%) are studio apartments. Meanwhile, 2 bedroom apartments account for 30.57%, and 3+ bedroom apartments make up 17.21%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

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

Studio1 bed2 beds3+ beds
Alphabet City$3,645$4,225$5,400$8,044
Astoria$2,919$3,200$3,900$4,262
Battery Park City$4,333$5,335$7,685*
Bay Ridge$2,195$2,300$3,000$3,800
Bedford–Stuyvesant$2,700$3,025$3,850$4,595
Bensonhurst**$2,825$3,300
Boerum Hill$3,625$4,295$5,773$10,393
Borough Park*$2,285$2,600$3,500
Briarwood*$2,300$2,625*
Brighton Beach$2,038$2,500$3,099*
Brooklyn Heights$3,610$4,575$8,800$16,100
Brownsville*$2,675$2,850$3,673
Bushwick$2,909$3,200$3,750$4,699
Canarsie**$2,800$3,500
Carroll Gardens*$4,895$5,825$8,781
Chelsea$4,518$6,234$9,350$16,000
Clinton Hill$3,088$3,898$5,250$6,500
Coney Island*$3,259$3,775*
Crown Heights$2,800$3,200$4,500$4,888
Cypress Hill*$2,550$2,950$4,111
Ditmars Steinway*$2,650$3,300$4,225
Downtown$4,000$4,992$6,870$11,454
Dumbo$4,496$5,250$7,373*
East Flatbush$2,600$2,695$2,997$3,698
East Harlem$2,774$3,140$3,695$5,036
East New York*$2,500$2,900$3,633
East Village$3,375$4,100$5,698$8,600
East Williamsburg*$4,399$4,550$4,395
Elmhurst$2,250$2,500$3,293$3,600
Financial District$4,277$5,547$7,675$11,499
Flatbush$2,600$2,765$3,100$3,750
Flatiron District$4,594$6,622$9,500*
Flatlands*$3,050$3,225*
Flushing$2,559$2,500$3,450*
Forest Hills$2,238$2,848$3,425$5,472
Fort George$2,000$2,450$3,495$3,923
Fort Greene$3,735$4,384$7,238$5,625
Fort Hamilton*$2,000$3,000*
Fresh Meadows*$2,375$2,800*
Garment District$3,750$4,600$6,298*
Glendale**$3,000$3,200
Gowanus$3,500$4,151$6,925$7,950
Gramercy$3,975$5,000$6,475$9,598
Gravesend*$2,400$2,745*
Greenpoint$3,695$4,550$5,975$7,000
Greenwich Village$4,400$6,200$7,295$10,145
Greenwood Heights*$3,000$4,225$6,500
Harlem$2,573$2,990$3,650$4,548
Hell's Kitchen$3,757$4,900$6,000$7,898
Inwood*$2,500$3,000*
Jackson Heights*$2,725$3,200$3,799
Jamaica$2,400$2,695$3,325$3,450
Kensington*$2,500*$4,499
Kew Gardens*$2,550$3,450$3,500
Kips Bay$3,845$5,088$6,395$9,334
Long Island City$3,713$4,398$6,200$8,500
Lower East Side$3,247$4,995$5,998$9,498
Maspeth**$2,600$3,048
Midtown$3,950$5,331$7,500$9,847
Midwood*$2,793$3,000*
Morningside Heights$2,995$4,000$5,998$6,000
Murray Hill$3,673$5,305$7,375$8,329
Murray Hill - Queens*$2,626$2,975*
Nolita*$4,895$6,123$9,995
Oakland Gardens**$2,750$3,495
Park Slope$3,199$3,987$5,200$7,495
Prospect Heights$3,673$4,595$4,950$8,500
Prospect Lefferts Gardens$2,962$3,125$3,938$5,000
Rego Park$2,280$2,650$3,500$4,200
Ridgewood*$2,800$3,473$4,250
Roosevelt Island$3,711$4,000$6,224*
Sheepshead Bay$2,361$2,350$3,650$3,550
Soho$4,250$5,000$7,950$16,498
South Slope*$3,750$4,924$6,575
Stuyvesant Town*$5,665$5,468$7,302
Sunnyside$2,125$2,713$3,875$4,250
Sunset Park*$3,000$3,450$4,048
Sutton Place$4,337$4,750$7,505*
Theater District$4,265$5,025$7,700$8,395
Tribeca$4,848$7,148$10,500$16,750
Two Bridges*$5,198$8,100$9,350
Upper East Side$3,295$4,200$6,050$13,375
Upper West Side$3,451$4,800$7,045$9,895
Washington Heights$2,250$2,800$3,295$4,048
West Village$5,069$6,000$7,775$10,295
Williamsburg$3,975$4,544$5,500$7,700
Windsor Terrace$2,944$3,695$4,985$7,000
Woodside*$2,600$3,700$4,400

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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