New York, NY Rent Trends

Rank #2, last updated November 1

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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 $3,596. 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 $4,980. The average rent of a 3-bedroom in New York, NY is $5,999.

Studio

$3,596


1 bed

$4,000


2 beds

$4,980


3+ beds

$5,999

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 $8,000+.

$800 - $2,600

$2,600 - $4,400

$4,400 - $6,200

$6,200 - $8,000

$8,000+

What is the average apartment size in New York?

The average size of a New York, NY apartment is 1044 square feet, while the median apartment size for New York, NY is 850 square feet. However, square footage varies based on unit type. Most rentals in New York, NY (36.16%) are 1 bedroom apartments, while the fewest (15.59%) are studio apartments. Meanwhile, 2 bedroom apartments account for 30.93%, and 3+ bedroom apartments make up 17.33%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

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

Studio1 bed2 beds3+ beds
Alphabet City$3,350$4,495$5,498$8,123
Astoria$2,750$3,000$3,850$4,548
Battery Park City$4,530$5,263$7,525*
Bay Ridge*$2,360$3,000$3,600
Bayside*$2,850*$3,500
Bedford–Stuyvesant$2,799$3,200$3,850$4,980
Boerum Hill*$4,375$5,750$15,000
Borough Park*$2,300*$3,000
Briarwood$1,918$2,250$2,573*
Brighton Beach*$2,600$2,975*
Brooklyn Heights$3,606$4,693$7,050$10,275
Brownsville*$2,500$2,763$3,600
Bushwick$2,757$3,200$3,600$4,795
Carroll Gardens*$4,500$5,298$9,048
Chelsea$4,505$6,000$9,250$19,950
Clinton Hill$3,225$4,009$5,025$6,850
Cobble Hill*$3,850$5,800*
Coney Island*$2,914$3,950*
Corona*$2,650$3,027*
Crown Heights$3,288$3,395$4,050$4,500
Cypress Hill**$3,250$3,512
Ditmars Steinway$2,250$2,723$3,550$4,995
Downtown$4,260$5,070$7,000$11,500
Dumbo$4,034$4,950$7,750*
East Flatbush$2,550$2,700$3,000$3,600
East Harlem$2,875$3,195$3,525$4,945
East New York*$2,100$3,100$3,500
East Village$4,088$4,748$5,945$10,250
East Williamsburg*$3,500$4,495$6,148
Elmhurst$2,168$2,400$3,300$3,500
Financial District$4,379$5,700$8,053$10,699
Flatbush$2,550$2,763$3,079$3,600
Flatiron District$4,631$6,700$9,866*
Flushing$2,166$2,523$3,350$3,248
Forest Hills$2,200$2,725$3,400$5,100
Fort George$3,010$2,725$3,125$3,748
Fort Greene$3,605$4,475$6,174$6,500
Fort Hamilton*$2,530$3,150*
Fresh Meadows*$2,300$2,750*
Garment District$3,725$4,639$6,603$7,500
Glendale**$3,000$3,275
Gowanus$3,448$4,300$6,300$9,598
Gramercy$4,000$5,700$6,400$22,498
Gravesend*$2,061$3,000*
Greenpoint$3,850$4,580$5,725$7,725
Greenwich Village$4,400$5,995$7,298$11,000
Greenwood Heights*$3,438$3,700*
Harlem$2,613$2,900$3,495$4,750
Hell's Kitchen$3,828$4,850$6,995$8,484
Inwood*$2,395$3,574*
Jackson Heights$2,048$2,699$3,450$3,550
Jamaica$2,395$2,584$3,260$3,299
Kensington*$2,448$3,137$4,195
Kew Gardens*$2,600$3,050*
Kew Gardens Hills*$2,418$2,550*
Kips Bay$3,995$4,995$6,532$8,114
Long Island City$3,732$4,243$5,995$8,200
Lower East Side$4,300$4,498$6,165$9,050
Maspeth*$2,500$2,975$3,300
Midtown$3,995$5,285$8,000$11,029
Midwood$2,350$2,275$3,266*
Morningside Heights*$3,723$4,148$5,200
Murray Hill$3,650$5,200$7,325$8,878
Murray Hill - Queens*$2,400$2,773*
Nolita*$4,995$6,458$9,995
Park Slope$3,550$4,213$5,150$8,850
Prospect Heights$4,045$4,600$4,895*
Prospect Lefferts Gardens*$3,150$3,995$4,848
Rego Park$2,100$2,750$3,200$4,343
Ridgewood*$3,210$3,500$4,250
Roosevelt Island$3,672$4,143$6,005*
Sheepshead Bay$2,500$2,300$3,050$3,795
Soho$4,223$4,700$17,900$23,725
South Slope*$3,818$5,400$6,500
Stuyvesant Town*$5,501$5,780$7,670
Sunnyside$2,425$2,848$3,795*
Sunset Park*$2,875$2,950$3,200
Sutton Place*$4,825$7,710*
Theater District$4,321$5,212$7,506$12,000
Tribeca$5,000$7,495$12,400$19,500
Two Bridges*$5,125$5,500$8,775
Upper East Side$3,300$4,800$7,495$17,500
Upper West Side$3,595$5,200$8,015$9,995
Washington Heights$2,495$2,750$3,200$4,000
West Village$4,800$5,995$7,298$9,995
Williamsburg$3,925$4,950$5,800$9,500
Windsor Terrace*$3,498$4,500$6,042
Woodside$2,250$2,775$4,175$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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