New York, NY Rent Trends
Rank #1, last updated May 17
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 $3,776. The average rent of a 2-bedroom in New York, NY is $4,400. The average rent of a 3-bedroom in New York, NY is $5,990.
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 $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 971 square feet, while the median apartment size for New York, NY is 771 square feet. However, square footage varies based on unit type. Most rentals in New York, NY (33.85%) are 1 bedroom apartments, while the fewest (16.4%) are studio apartments. Meanwhile, 2 bedroom apartments account for 29.03%, and 3+ bedroom apartments make up 20.72%.
Studio
One bedroom
Two bedrooms
Three+ bedrooms
What is the average rent for various neighborhoods in New York?
| Studio | 1 bed | 2 beds | 3+ beds | |
|---|---|---|---|---|
| Alphabet City | $2,995 | $3,748 | $4,576 | $6,830 |
| Astoria | $2,620 | $2,875 | $3,946 | $4,325 |
| Battery Park City | $4,075 | $4,805 | $8,000 | $14,750 |
| Bay Ridge | * | $2,000 | $2,750 | $3,250 |
| Bedford–Stuyvesant | $2,625 | $2,800 | $3,497 | $4,000 |
| Belmont/Little Italy | * | $2,850 | $3,350 | $4,450 |
| Bensonhurst | $1,800 | $2,000 | $2,700 | $3,600 |
| Boerum Hill | $3,413 | $3,500 | $4,995 | $9,500 |
| Brooklyn Heights | $3,695 | $4,850 | $7,149 | $12,497 |
| Brownsville | * | $2,200 | $2,995 | $3,148 |
| Bushwick | $2,750 | $3,000 | $3,400 | $3,900 |
| Carroll Gardens | * | $3,400 | $4,700 | $8,035 |
| Chelsea | $4,100 | $5,395 | $8,250 | $14,498 |
| Chinatown | $2,400 | $2,800 | $3,823 | $5,650 |
| Clinton Hill | $3,000 | $3,709 | $4,405 | $5,995 |
| Cobble Hill | * | $3,250 | $5,100 | $8,000 |
| Concourse | $2,170 | * | $3,163 | * |
| Concourse Village | $2,170 | * | $3,306 | * |
| Coney Island | * | $2,974 | $4,148 | $3,900 |
| Crown Heights | $2,628 | $2,800 | $3,200 | $4,200 |
| Cypress Hill | * | $2,455 | $2,874 | $3,100 |
| Downtown | $3,548 | $4,658 | $7,160 | $10,087 |
| Dumbo | * | $5,123 | $8,500 | $12,200 |
| East Flatbush | $2,350 | $2,600 | $2,887 | $3,266 |
| East Harlem | $2,480 | $2,750 | $3,225 | $4,500 |
| East New York | $2,337 | $2,427 | $2,850 | $3,200 |
| East Village | $3,147 | $3,560 | $4,850 | $7,200 |
| East Williamsburg | * | $3,650 | $4,100 | $5,000 |
| Elmhurst | * | * | $2,700 | $3,200 |
| Financial District | $3,915 | $4,991 | $7,160 | $14,181 |
| Flatbush | $2,350 | $2,552 | $2,896 | $3,343 |
| Flatiron District | $4,523 | $6,010 | $10,511 | $13,500 |
| Flatlands | * | $1,999 | $2,850 | * |
| Forest Hills | * | $3,350 | $3,910 | * |
| Fort George | $1,881 | $2,575 | $3,000 | $3,400 |
| Fort Greene | $3,485 | $3,875 | $4,995 | $8,250 |
| Fort Hamilton | * | $2,000 | $2,950 | $3,500 |
| Garment District | $3,554 | $4,371 | $4,800 | $6,795 |
| Gowanus | $3,382 | $3,250 | $5,000 | * |
| Gramercy | $3,650 | $5,000 | $6,900 | $10,495 |
| Gravesend | * | $2,095 | $2,650 | $3,152 |
| Greenpoint | $3,330 | $4,000 | $4,650 | $5,595 |
| Greenwich Village | $3,795 | $4,800 | $6,950 | $16,000 |
| Greenwood Heights | $3,000 | $2,648 | $3,648 | $4,200 |
| Harlem | $2,375 | $2,768 | $3,373 | $3,995 |
| Hell's Kitchen | $3,552 | $4,500 | $5,305 | $6,643 |
| Hudson Square | * | * | $10,909 | $21,000 |
| Inwood | * | $2,050 | $2,395 | $3,175 |
| Jackson Heights | $2,225 | $2,239 | * | * |
| Jamaica | * | $2,825 | $3,522 | * |
| Kensington | * | $2,885 | $3,300 | $3,500 |
| Kips Bay | $3,250 | $4,400 | $4,800 | $7,500 |
| Little Italy | * | $3,395 | $6,275 | $7,000 |
| Long Island City | $3,200 | $3,998 | $5,800 | * |
| Lower East Side | $3,550 | $3,775 | $4,495 | $6,500 |
| Midtown | $3,564 | $4,800 | $6,698 | $8,997 |
| Midwood | * | $2,999 | $3,750 | $4,750 |
| Morningside Heights | $2,800 | $3,950 | $3,750 | $6,000 |
| Mott Haven | * | $2,725 | $3,400 | * |
| Murray Hill | $3,213 | $4,750 | $6,350 | $8,990 |
| Noho | * | $6,100 | $14,550 | $18,000 |
| Nolita | $3,480 | $4,495 | $6,269 | $8,998 |
| Park Slope | $2,688 | $3,750 | $4,300 | $6,300 |
| Port Morris | * | $3,147 | $3,438 | * |
| Prospect Heights | $3,300 | $4,148 | $4,300 | $6,000 |
| Prospect Lefferts Gardens | $2,616 | $2,800 | $3,200 | $4,000 |
| Riverdale | * | $2,243 | $3,000 | $3,400 |
| Roosevelt Island | $3,485 | $3,570 | $5,000 | * |
| Sheepshead Bay | $1,900 | $2,475 | $3,200 | $3,800 |
| Soho | $5,610 | $4,325 | $12,000 | $12,000 |
| South Slope | $2,536 | $3,428 | $4,000 | $5,600 |
| Stuyvesant Town | * | $5,477 | $6,420 | $7,054 |
| Sunset Park | $2,650 | $2,500 | $3,000 | $3,500 |
| Sutton Place | $3,650 | $4,750 | $8,164 | * |
| Theater District | $3,772 | $4,796 | $6,998 | * |
| Tribeca | $4,850 | $6,053 | $12,500 | $22,500 |
| Two Bridges | * | $5,050 | $6,038 | $9,325 |
| Upper East Side | $2,750 | $3,500 | $5,000 | $13,250 |
| Upper West Side | $3,200 | $4,362 | $6,910 | $8,968 |
| Washington Heights | $2,025 | $2,575 | $2,900 | $3,650 |
| West Village | $4,100 | $4,895 | $7,375 | $12,500 |
| Williamsburg | $3,765 | $4,500 | $4,773 | $6,200 |
| Windsor Terrace | * | $3,300 | $4,200 | $4,400 |
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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