New York, NY Rent Trends

Rank #1, last updated December 7

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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 $3,295. 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 $4,567. The average rent of a 3-bedroom in New York, NY is $5,250.

Studio

$3,295


1 bed

$3,850


2 beds

$4,567


3+ beds

$5,250

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 1022 square feet, while the median apartment size for New York, NY is 811 square feet. However, square footage varies based on unit type. Most rentals in New York, NY (36.34%) are 1 bedroom apartments, while the fewest (16.24%) are studio apartments. Meanwhile, 2 bedroom apartments account for 30.7%, and 3+ bedroom apartments make up 16.72%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

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

Studio1 bed2 beds3+ beds
Alphabet City$3,050$3,995$4,993$7,995
Astoria$2,300$2,850$3,448$4,000
Battery Park City$4,078$4,905$7,548$13,500
Bay Ridge*$2,200$2,900$3,600
Bayside*$2,475$3,000$3,600
Bedford–Stuyvesant$2,500$2,995$3,300$4,064
Belmont/Little Italy**$2,875$3,600
Bensonhurst$1,750$1,999$2,588*
Boerum Hill$3,610$3,975$5,200$6,098
Briarwood$1,750$2,350$2,655*
Brighton Beach*$2,500$2,999*
Brooklyn Heights$3,450$4,304$6,340$16,200
Brownsville*$2,480$3,005$3,325
Bushwick$2,600$2,975$3,357$4,000
Carroll Gardens*$3,700$5,474$10,000
Chelsea$4,250$5,483$7,612$11,700
Chinatown*$3,495$4,323*
Clinton Hill$3,175$3,643$4,800$6,018
Cobble Hill$2,950$3,775$4,875*
Coney Island**$4,150$5,100
Crown Heights$2,922$3,066$3,500$3,990
Cypress Hill**$3,081$3,500
Ditmars Steinway$1,700$2,523$3,195$3,900
Downtown$3,723$4,650$7,137$16,000
Dumbo$3,659$5,010$6,574$17,500
East Flatbush$2,195$2,550$2,995$3,400
East Harlem$2,826$2,975$3,273$4,138
East New York*$2,100$2,944$3,596
East Village$3,300$3,950$5,500$7,997
East Williamsburg*$3,325$4,250$5,350
Elmhurst$1,975$2,250$3,100$3,700
Financial District$3,953$5,282$7,738$9,456
Flatbush$2,450$2,600$3,050$3,450
Flatiron District$4,619$6,895$10,425$14,900
Flatlands*$2,973*$3,175
Flushing$2,045$2,500$3,900$3,450
Forest Hills$2,475$2,800$3,300$4,822
Fort George$2,743$2,572$3,050$3,948
Fort Greene$3,350$4,207$6,055$5,998
Fort Hamilton*$2,148$3,250$3,700
Garment District$3,367$4,005$5,980*
Gowanus$3,407$4,104$5,835$7,500
Gramercy$3,875$5,175$6,000$10,998
Gravesend*$2,250$3,670*
Greenpoint$3,500$4,346$5,700$7,850
Greenwich Village$4,250$5,500$6,573$12,500
Greenwood Heights*$3,048$3,250$5,300
Harlem$2,250$2,800$3,500$4,200
Hell's Kitchen$3,360$4,375$6,479$6,975
Hudson Square*$4,250$9,350*
Inwood$3,093$2,275$2,935$3,300
Jackson Heights$2,029$2,250$2,698*
Jamaica$1,905$2,650$3,488$3,495
Kensington*$2,395$2,700$4,000
Kew Gardens$2,000$2,398$3,398$4,999
Kew Gardens Hills*$2,595$2,625$3,475
Kips Bay$3,700$4,532$5,305$7,422
Little Italy*$4,300$5,423*
Long Island City$3,400$4,178$5,960$8,000
Lower East Side$3,750$4,480$5,048$7,000
Maspeth*$2,300$2,800*
Midtown$3,677$4,800$6,800$11,000
Midwood*$2,450$3,200$4,185
Morningside Heights$4,438$3,800$3,825$6,000
Murray Hill$3,495$4,500$6,616$8,048
Nolita$3,150$4,953$6,245*
Park Slope$3,057$3,600$4,300$6,000
Prospect Heights$3,553$4,123$5,438$4,595
Prospect Lefferts Gardens$2,448$2,842$4,000$3,700
Red Hook**$3,999$5,100
Rego Park$2,100$2,750$3,613$3,750
Ridgewood$2,300$2,750$3,150$4,000
Roosevelt Island*$4,290$5,620*
Sheepshead Bay*$2,548$3,500$3,600
Soho$3,598$4,250$15,000$23,250
South Slope*$3,550$4,000$5,700
Stuyvesant Town*$4,899$5,093$7,678
Sunnyside$2,300$2,663$3,400*
Sunset Park*$2,638$3,000$3,750
Sutton Place$3,270$4,195$6,550$14,139
Theater District$4,014$4,398$7,277*
Tribeca$4,535$6,626$9,413$22,500
Two Bridges*$3,388$7,549$7,500
Upper East Side$2,850$4,200$5,738$15,000
Upper West Side$3,300$4,721$6,631$12,998
Vinegar Hill*$4,483$5,950*
Washington Heights$2,433$2,636$3,025$3,850
West Village$4,548$5,500$6,548$9,900
Williamsburg$3,500$4,787$5,695$5,650
Windsor Terrace*$3,065$3,895*
Woodside$2,650$2,725$3,000$3,750

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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