New York, NY Rent Trends

Rank #1, last updated May 5

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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 $3,425. The average rent of a 1-bedroom in New York, NY is $3,795. 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 $5,500.

Studio

$3,425


1 bed

$3,795


2 beds

$4,500


3+ beds

$5,500

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

Apr 18 2024Jun 02 2024Jul 16 2024Aug 30 2024Oct 15 2024Nov 30 2024Jan 15 2025Mar 02 2025May 05 2025$1,200$2,000$2,800$3,600$4,400
  • New York
  • National

Apartment Rent Ranges in New York

The monthly rent for apartments in New York, NY ranges from $1,000 to $7,000+.

$1,000 - $2,500

$2,500 - $4,000

$4,000 - $5,500

$5,500 - $7,000

$7,000+

What is the average apartment size in New York?

The average size of a New York, NY apartment is 983 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 (36.25%) are 1 bedroom apartments, while the fewest (17.57%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 28.6%, and studio apartments make up 17.58%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

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

Studio1 bed2 beds3+ beds
Alphabet City$2,995$3,885$4,773$6,995
Astoria$2,850$2,813$3,300$3,850
Astoria Heights*$2,499$2,850*
Bath Beach$1,700$1,800**
Battery Park City$4,230$4,924$8,250$18,188
Bay Ridge$1,750$2,250$2,800$3,600
Bayside*$2,468$2,700$3,725
Bedford–Stuyvesant$2,673$2,950$3,350$4,250
Belmont/Little Italy**$2,980$4,400
Bensonhurst$1,700$1,800**
Boerum Hill$3,500$3,700$5,025$9,321
Borough Park*$2,250$2,650*
Briarwood*$1,995$2,950*
Brighton Beach*$2,350$2,999*
Brooklyn Heights$3,692$4,363$8,300$26,475
Brownsville*$2,400$2,800$3,480
Bushwick$2,750$3,100$3,500$4,199
Carroll Gardens*$3,750$5,050$11,000
Chelsea$4,348$5,850$8,498$12,248
Chinatown$2,991$3,037$3,625$6,400
Clinton Hill$3,195$3,813$4,891$6,875
Cobble Hill*$4,448$4,750$17,000
Columbia Street Waterfront District**$6,500$9,500
Concourse$2,170$2,500$2,838*
Concourse Village$2,170$2,500$2,838*
Coney Island*$3,255$4,046$5,400
Crown Heights$2,893$3,254$3,450$4,500
Cypress Hill*$2,388$2,837$3,900
Ditmars Steinway*$2,400$3,200$3,850
Downtown$3,777$4,795$6,995$10,795
Dumbo$4,250$5,639$7,431$12,000
East Elmhurst*$2,450$2,850$3,600
East Flatbush$2,310$2,597$2,890$3,393
East Harlem$2,638$2,887$3,250$4,573
East New York$2,200$2,388$2,575$3,500
East Village$2,995$3,995$5,495$7,175
East Williamsburg*$3,100$4,093$5,000
Elmhurst$1,838$2,800$3,100*
Financial District$3,945$5,113$7,400$10,550
Flatbush$2,507$2,650$2,900$3,400
Flatiron District$4,698$6,239$8,995$14,500
Flatlands$2,000$2,698$3,000$3,350
Flushing$1,949$2,850$3,851$3,900
Forest Hills$2,565$2,500$3,800$4,500
Fort George$2,100$2,300$3,109$3,200
Fort Greene$3,440$4,500$5,545$8,600
Fort Hamilton*$2,398$3,125$3,860
Fresh Meadows*$2,295$2,697*
Garment District$3,700$4,501$5,762*
Glendale**$2,800$3,399
Gowanus$3,350$3,999$6,269$8,000
Gramercy$3,875$4,975$6,513$7,495
Gravesend$1,750$2,175$2,800$3,550
Greenpoint$3,704$4,497$5,500$7,080
Greenwich Village$3,975$5,495$6,998$13,000
Greenwood Heights$2,500$3,000$3,786*
Harlem$2,574$2,850$3,500$4,200
Hell's Kitchen$3,793$4,469$6,345$7,900
Hillcrest**$2,500$4,100
Hudson Square$3,700$7,000$14,448*
Inwood$2,425$2,230$3,175*
Jackson Heights$1,950$2,240$3,000*
Jamaica$2,112$2,772$3,584$4,450
Kensington$1,905$2,650$3,333$4,372
Kew Gardens*$2,495$3,148*
Kew Gardens Hills*$2,150$2,700*
Kips Bay$3,373$4,098$5,495$7,498
Little Italy*$4,313$5,245$7,800
Long Island City$3,480$4,143$5,950$7,683
Lower East Side$3,500$4,395$4,998$7,648
Maspeth*$2,275$2,700$3,147
Middle Village*$2,020$2,700$3,500
Midtown$3,800$4,933$6,800$8,395
Midwood$1,495$2,350$3,300$4,400
Morningside Heights$3,425$3,650$4,010$4,403
Mott Haven*$3,225$4,000*
Murray Hill$3,500$4,500$6,798$7,495
Murray Hill - Queens*$2,225$3,200*
Noho*$7,475*$15,000
Nolita$4,695$5,000$5,710*
North Corona*$2,438*$3,500
Oakland Gardens*$2,350$2,695$3,200
Park Slope$2,800$4,000$4,500$6,795
Prospect Heights$3,837$4,185$4,650$6,300
Prospect Lefferts Gardens$2,350$2,800$3,075$4,100
Red Hook*$3,300$2,875*
Rego Park$1,900$2,300$3,500*
Ridgewood*$2,800$3,295$4,023
Riverdale*$2,567$3,575$5,100
Roosevelt Island$3,485$4,253$5,750$6,213
Sheepshead Bay$1,775$2,400$3,150$3,400
Soho$3,548$5,320$5,748$16,750
South Slope*$3,900$4,500$6,150
St. George*$2,950$3,644*
Stuyvesant Town*$5,533$6,542$7,382
Sunnyside$2,100$2,850$3,250$3,875
Sunset Park$2,500$2,785$2,900$3,450
Sutton Place$3,860$4,375$7,122$9,390
Theater District$3,925$4,444$6,373$14,000
Tribeca$5,305$6,750$13,000$24,350
Two Bridges*$5,200$8,300$7,173
Upper East Side$3,200$4,250$5,995$12,250
Upper West Side$3,400$4,634$6,895$10,995
Vinegar Hill*$5,900$6,375*
Washington Heights$2,123$2,500$2,951$3,550
West Village$3,998$5,498$7,500$12,995
Williamsburg$3,700$4,400$5,150$6,700
Windsor Terrace$3,473$3,000$4,250$7,085
Woodside$2,295$2,850$3,200$3,600

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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