New York, NY Rent Trends

Rank #1, last updated March 14

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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 $3,450. The average rent of a 1-bedroom in New York, NY is $3,950. 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 $5,000.

Studio

$3,450


1 bed

$3,950


2 beds

$4,500


3+ beds

$5,000

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 $600 to $7,400+.

$600 - $2,300

$2,300 - $4,000

$4,000 - $5,700

$5,700 - $7,400

$7,400+

What is the average apartment size in New York?

The average size of a New York, NY apartment is 963 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 (36.03%) are 1 bedroom apartments, while the fewest (16.04%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 30.53%, and studio apartments make up 17.4%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

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

Studio1 bed2 beds3+ beds
Alphabet City$3,495$3,999$4,995$7,898
Astoria$2,775$2,950$3,500$4,000
Battery Park City$4,257$5,175$7,541$15,250
Bay Ridge$1,888$2,100$2,850$3,410
Bayside**$2,925$4,400
Bedford–Stuyvesant$2,599$3,099$3,450$3,945
Belmont/Little Italy*$2,400$2,796$3,600
Bensonhurst*$2,000$2,675$3,250
Boerum Hill$3,400$4,152$5,400$9,388
Borough Park*$2,380$2,750*
Briarwood*$2,175$2,700*
Brighton Beach*$2,500$3,348*
Brooklyn Heights$3,900$4,550$7,657$16,300
Brownsville*$2,700$2,898$3,200
Bushwick$2,713$3,012$3,497$4,213
Canarsie**$2,900$3,500
Carroll Gardens*$4,150$5,555$8,520
Chelsea$4,323$6,250$8,255$9,195
Chinatown$3,495$3,900$4,500$6,500
Clinton Hill$2,995$3,825$5,200$5,000
Coney Island*$3,275$3,975*
Corona$2,311*$3,050*
Crown Heights$2,772$3,149$3,250$3,938
Cypress Hill*$2,750$3,000$3,500
Ditmars Steinway*$2,816$3,199$4,000
Downtown$3,830$4,865$7,100$12,000
Dumbo*$5,250$7,268*
East Flatbush$2,460$2,680$2,950$3,600
East Harlem$2,884$2,800$3,448$4,245
East New York*$2,263$2,844$3,500
East Village$3,500$3,999$5,700$8,495
East Williamsburg*$3,600$4,045$5,000
Elmhurst$2,000$2,300$3,150$3,500
Financial District$4,108$5,180$7,729$10,044
Flatbush$2,460$2,750$2,995$3,750
Flatiron District$5,495$6,600$10,650*
Flatlands*$2,445$2,850*
Flushing$2,231$2,309$3,261$3,450
Forest Hills$2,275$2,900$3,275$4,120
Fort George$2,650$2,600$3,100$3,777
Fort Greene$3,618$4,322$5,898$6,850
Fort Hamilton*$2,095$3,025*
Fresh Meadows*$2,400$2,770*
Garment District$3,546$4,500$6,700$6,495
Glendale*$2,550$2,748$3,200
Gowanus$3,450$4,518$5,530$9,188
Gramercy$3,998$5,300$6,498$15,500
Gravesend**$3,000$3,100
Greenpoint$3,674$4,500$5,469$6,500
Greenwich Village$4,578$5,495$7,621$12,750
Greenwood Heights*$3,100$3,700$4,700
Harlem$2,275$2,900$3,500$4,250
Hell's Kitchen$3,778$4,500$6,495$6,890
Hudson Square*$8,400$15,000*
Inwood$2,940$2,395$2,750$3,200
Jackson Heights$2,175$2,495$2,900*
Jamaica$2,400$2,419$3,048$3,352
Kensington*$2,600$3,048*
Kew Gardens$1,875$2,350$2,850*
Kew Gardens Hills*$2,318$2,795$3,425
Kips Bay$3,495$4,801$5,769$8,152
Little Italy**$5,673$12,997
Long Island City$3,500$4,352$6,208$7,285
Lower East Side$4,075$4,495$5,009$7,995
Midtown$3,850$5,101$7,000$9,500
Midwood$2,272$2,300$3,198$3,950
Morningside Heights$4,699$3,595$5,375$5,293
Murray Hill$3,850$5,086$7,570$7,960
Murray Hill - Queens*$2,250$3,045*
Nolita*$5,224$5,995*
Oakland Gardens*$2,374$2,799$3,625
Park Slope$2,750$3,425$4,600$6,500
Prospect Heights$3,281$4,345$5,195*
Prospect Lefferts Gardens$2,460$3,050$3,199$3,895
Rego Park$2,413$2,500$3,700$3,800
Ridgewood*$2,875$3,200$4,000
Roosevelt Island$3,554$4,220$5,356*
Sheepshead Bay$2,788$2,525$3,595$3,475
Soho$4,175$4,750$13,225$13,748
South Slope*$3,200$4,500$5,891
Stuyvesant Town**$5,659$8,173
Sunnyside$2,450$2,500$3,985*
Sunset Park*$2,700$3,000$3,500
Sutton Place$3,270$5,250$7,895*
Theater District$4,070$4,500$7,358*
Tribeca$5,325$7,028$7,895$12,950
Two Bridges*$5,025$6,348$11,895
Upper East Side$3,195$4,200$5,905$15,000
Upper West Side$3,442$4,798$7,198$13,650
Vinegar Hill*$4,600$6,225*
Washington Heights$2,295$2,696$3,100$3,750
West Village$4,704$5,495$7,995$15,378
Williamsburg$3,985$4,640$5,500$6,854
Windsor Terrace*$3,400$4,500*
Woodside$2,569$2,600$3,300$3,948

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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