New York, NY Rent Trends

Rank #1, last updated December 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 $3,300. The average rent of a 1-bedroom in New York, NY is $3,850. 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 $5,200.

Studio

$3,300


1 bed

$3,850


2 beds

$4,500


3+ beds

$5,200

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 $7,200+.

$800 - $2,400

$2,400 - $4,000

$4,000 - $5,600

$5,600 - $7,200

$7,200+

What is the average apartment size in New York?

The average size of a New York, NY apartment is 1016 square feet, while the median apartment size for New York, NY is 806 square feet. However, square footage varies based on unit type. Most rentals in New York, NY (35.97%) are 1 bedroom apartments, while the fewest (16.24%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 31.06%, and studio apartments make up 16.73%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

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

Studio1 bed2 beds3+ beds
Alphabet City$2,999$4,082$4,988$7,498
Astoria$2,300$2,873$3,498$3,900
Battery Park City$3,857$4,998$7,521$13,500
Bay Ridge*$2,200$2,900$3,600
Bayside*$2,500$3,000$3,300
Bedford–Stuyvesant$2,550$2,999$3,360$4,100
Belmont/Little Italy**$2,825$3,600
Bensonhurst$1,750$1,997$2,575*
Boerum Hill$4,025$3,688$5,200$4,500
Borough Park*$3,059$2,800*
Briarwood$1,725$2,172$2,500*
Brighton Beach*$2,500$3,150*
Brooklyn Heights$3,200$4,325$6,325$16,850
Brownsville*$2,515$3,005$3,256
Bushwick$2,695$2,995$3,350$4,000
Carroll Gardens*$3,450$5,000$8,875
Chelsea$4,273$5,516$7,595$12,500
Chinatown*$3,495$4,595*
Clinton Hill$3,100$3,693$4,600$5,495
Cobble Hill$2,900$4,000$4,450*
Coney Island*$3,200$4,115$5,100
Corona*$2,795$3,138*
Crown Heights$2,959$3,050$3,643$3,900
Cypress Hill**$3,069$3,600
Ditmars Steinway$1,700$2,550$3,100$3,950
Downtown$3,698$4,722$7,136$16,000
Dumbo$3,850$5,150$5,800$17,500
East Flatbush$2,195$2,595$2,880$3,400
East Harlem$2,874$2,995$3,250$4,138
East New York*$2,000$2,944$3,599
East Village$3,270$3,968$5,545$7,700
East Williamsburg*$3,188$4,998$4,695
Elmhurst$1,948$2,600$2,950*
Financial District$3,995$5,275$7,495$9,400
Flatbush$2,375$2,650$2,999$3,463
Flatiron District$4,312$6,800$10,425$14,900
Flatlands*$2,973*$3,050
Flushing$2,020$2,495$3,850$3,500
Forest Hills$2,275$2,713$3,348$4,959
Fort George$2,395$2,650$3,200$3,948
Fort Greene$3,475$4,214$6,000$5,897
Fort Hamilton*$2,200$3,000$3,600
Fresh Meadows*$2,375$2,823*
Garment District$3,359$4,005$5,950$6,847
Glendale*$2,300*$3,226
Gowanus$3,446$3,995$5,495$6,973
Gramercy$3,700$5,156$6,000$12,998
Gravesend*$2,175$3,500*
Greenpoint$3,523$4,459$5,700$7,950
Greenwich Village$4,000$5,600$6,425$12,500
Greenwood Heights*$3,391$3,299$5,300
Harlem$2,200$2,800$3,448$4,495
Hell's Kitchen$3,454$4,340$6,499$6,729
Inwood*$2,225$2,935$3,450
Jackson Heights$2,029$2,499$2,975*
Jamaica$1,879$2,645$3,416*
Kensington*$2,900*$4,000
Kew Gardens$2,000$2,375$3,295*
Kips Bay$3,690$4,547$5,695$7,787
Little Italy*$4,800$5,495*
Long Island City$3,420$4,150$5,885$7,888
Lower East Side$3,899$4,648$4,995$7,248
Maspeth*$2,299$2,800$3,300
Midtown$3,700$4,826$6,800$11,500
Midwood*$2,500$3,225$4,185
Morningside Heights$4,636$3,750$3,650$6,000
Murray Hill$3,500$4,495$6,657$8,176
Murray Hill - Queens*$2,100$3,075*
Nolita$3,150$4,880$5,995*
Oakland Gardens**$2,700$3,825
Park Slope$2,915$3,500$4,300$6,000
Prospect Heights$3,570$4,125$5,550$5,148
Prospect Lefferts Gardens$2,250$2,916$3,933$3,699
Red Hook**$3,875$5,000
Rego Park$2,550$2,650$3,325*
Ridgewood$2,945$2,750$3,099$4,100
Roosevelt Island*$4,183$5,050*
Sheepshead Bay*$2,548$3,150$3,800
Soho$3,498$3,900$15,000$26,500
South Slope*$3,250$4,000$5,000
Stuyvesant Town*$4,894$6,282$6,661
Sunnyside$2,150$2,620$3,425*
Sunset Park*$2,795$3,000$3,750
Sutton Place$3,270$4,625$5,940$14,247
Theater District$4,014$4,895$6,963*
Tribeca$5,395$6,350$9,995$24,950
Two Bridges*$3,388$6,550$7,500
Upper East Side$2,875$4,200$5,700$16,150
Upper West Side$3,300$4,700$6,599$12,995
Vinegar Hill*$5,250$5,310*
Washington Heights$2,350$2,663$3,000$3,800
West Village$4,495$5,750$6,323$14,500
Whitestone**$2,900$3,950
Williamsburg$3,607$4,787$5,500$6,000
Windsor Terrace*$3,000$3,750*
Woodside$2,594$2,600$3,250$4,444

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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