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 $4,100. The average rent of a 2-bedroom in New York, NY is $5,197. The average rent of a 3-bedroom in New York, NY is $5,588.
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 $7,400+.
$1,000 - $2,600
$2,600 - $4,200
$4,200 - $5,800
$5,800 - $7,400
$7,400+
What is the average apartment size in New York?
The average size of a New York, NY apartment is 719 square feet, while the median apartment size for New York, NY is 670 square feet. However, square footage varies based on unit type. Most rentals in New York, NY (37.65%) are 1 bedroom apartments, while the fewest (12.83%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 27.63%, and studio apartments make up 21.89%.
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 | $3,000 | $3,495 | $3,995 | $6,333 |
| Astoria | $2,852 | $3,000 | $3,688 | $4,623 |
| Battery Park City | $4,753 | $4,850 | $9,750 | * |
| Bay Ridge | $2,095 | $2,100 | * | * |
| Bedford–Stuyvesant | $2,498 | $2,995 | $3,225 | $4,000 |
| Boerum Hill | $3,671 | $4,133 | $5,700 | * |
| Brooklyn Heights | $4,500 | $4,717 | $14,810 | $10,000 |
| Brownsville | * | * | $2,850 | $3,400 |
| Bushwick | $2,547 | $3,025 | $3,150 | $4,000 |
| Carroll Gardens | * | * | $4,500 | $6,250 |
| Chelsea | $4,299 | $5,635 | $7,457 | $14,000 |
| Civic Center | * | $5,074 | $7,605 | * |
| Clinton Hill | $2,938 | $3,162 | $4,370 | $4,924 |
| Concourse | $2,186 | $2,475 | $2,850 | * |
| Concourse Village | $2,186 | $2,488 | $2,850 | * |
| Crown Heights | $2,869 | $3,143 | $4,200 | $4,652 |
| Ditmars Steinway | $1,800 | $2,168 | * | * |
| Downtown | $3,731 | $4,600 | $6,600 | $6,995 |
| Dumbo | * | $4,806 | $7,263 | * |
| East Flatbush | $2,495 | $2,225 | $3,200 | $3,500 |
| East Harlem | $2,823 | $2,800 | $3,400 | $5,000 |
| East New York | * | * | $2,612 | $3,600 |
| East Village | $2,850 | $4,695 | $4,725 | $6,500 |
| Financial District | $3,857 | $4,938 | $6,600 | $6,600 |
| Flatbush | $2,050 | $2,450 | $3,200 | $3,475 |
| Flatiron District | $5,298 | $5,625 | $10,515 | * |
| Forest Hills | $2,723 | $3,165 | $3,800 | * |
| Fort George | $2,190 | $2,100 | $2,950 | * |
| Fort Greene | $3,364 | * | $4,300 | * |
| Fort Hamilton | $2,095 | $2,300 | * | * |
| Garment District | $3,541 | $4,395 | $6,445 | * |
| Gowanus | * | $3,764 | $6,007 | $5,950 |
| Gramercy | $4,684 | $4,995 | $6,500 | * |
| Gravesend | $1,950 | $2,995 | $3,600 | $3,500 |
| Greenpoint | $3,675 | $4,828 | $6,299 | $6,750 |
| Greenwich Village | $3,950 | $5,500 | $8,629 | $29,000 |
| Harlem | $2,172 | $2,732 | $3,150 | $4,200 |
| Hell's Kitchen | $3,600 | $4,381 | $6,303 | $7,604 |
| Jamaica | $2,105 | $2,768 | $3,476 | * |
| Kew Gardens | * | $2,500 | $3,500 | * |
| Kips Bay | $3,675 | $4,307 | $5,855 | $7,400 |
| Long Island City | $3,586 | $4,138 | $6,036 | $6,668 |
| Lower East Side | $3,683 | $4,300 | $4,988 | $6,400 |
| Midtown | $3,711 | $4,866 | $6,299 | $8,106 |
| Morningside Heights | $4,350 | * | $6,723 | $5,000 |
| Mott Haven | * | $2,613 | $2,625 | * |
| Murray Hill | $3,275 | $4,502 | $6,646 | $8,500 |
| Park Slope | $5,000 | $3,400 | $5,499 | $6,297 |
| Port Morris | * | $2,538 | $2,550 | * |
| Prospect Heights | $3,491 | $4,418 | $4,600 | $5,995 |
| Prospect Lefferts Gardens | $2,688 | $2,800 | $3,789 | $4,442 |
| Rego Park | * | $2,600 | $3,860 | * |
| Ridgewood | * | $2,600 | $3,310 | $3,513 |
| Riverdale | * | $2,620 | $3,289 | $4,750 |
| Roosevelt Island | * | $4,375 | $6,000 | * |
| South Slope | $5,000 | $3,458 | $4,875 | * |
| Stuyvesant Town | * | $4,891 | $6,052 | $6,654 |
| Sunnyside | $2,392 | $2,638 | $4,300 | * |
| Sunset Park | * | $2,325 | $3,525 | * |
| Sutton Place | $2,850 | $4,100 | * | * |
| Theater District | $3,633 | $4,339 | $6,491 | * |
| Tribeca | $5,298 | $6,345 | $10,000 | $24,400 |
| Two Bridges | * | $5,048 | $6,017 | $6,787 |
| Upper East Side | $3,400 | $4,550 | $6,445 | $12,000 |
| Upper West Side | $3,403 | $4,500 | $6,383 | $10,000 |
| Washington Heights | $2,180 | $2,250 | $2,950 | $3,800 |
| West Village | $4,767 | $6,250 | $12,495 | $29,000 |
| Williamsburg | $3,967 | $4,300 | $5,473 | $5,300 |
| Windsor Terrace | $3,328 | $3,500 | $4,095 | * |
| Woodside | $2,383 | $2,398 | $3,400 | * |
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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