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New York, NY Rent Trends

Rank #1, last updated November 20

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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 $3,200. The average rent of a 1-bedroom in New York, NY is $3,620. The average rent of a 2-bedroom in New York, NY is $4,460. The average rent of a 3-bedroom in New York, NY is $5,210.

Studio

$3,200


1 bed

$3,620


2 beds

$4,460


3+ beds

$5,210

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 881 square feet, while the median apartment size for New York, NY is 760 square feet. However, square footage varies based on unit type. Most rentals in New York, NY (35.31%) are 1 bedroom apartments, while the fewest (15.49%) are studio apartments. Meanwhile, 2 bedroom apartments account for 31.41%, and 3+ bedroom apartments make up 17.79%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

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

Studio1 bed2 beds3+ beds
Alphabet City$2,847$3,475$4,637$6,245
Astoria$2,458$2,625$3,350$3,838
Battery Park City$4,303$4,680$6,812$12,500
Bay Ridge$1,650$2,100$2,895$3,500
Bayside*$2,488$3,100$3,000
Bedford–Stuyvesant$2,595$2,750$3,200$3,750
Bensonhurst$1,675$1,950*$3,400
Boerum Hill$3,288$3,800$4,500$7,500
Borough Park*$2,300$2,600$3,100
Briarwood$1,650$2,195**
Brooklyn Heights$3,400$4,305$6,670$13,765
Brownsville*$2,375$2,800$3,275
Bushwick$2,828$2,900$3,199$3,798
Carroll Gardens*$3,650$5,000$6,350
Chelsea$3,898$5,527$7,855$16,500
Chinatown$2,250$2,900$3,519$5,500
Civic Center*$5,407$7,713*
Clinton Hill$2,750$3,550$4,725$5,450
Cobble Hill*$3,850$4,650$13,800
Columbia Street Waterfront District*$2,900$3,799*
Concourse$2,176$2,488$2,850*
Concourse Village$2,176$2,488$2,850*
Coney Island*$2,850$3,952$4,632
Crown Heights$2,699$2,995$3,425$3,875
Cypress Hill**$2,625$3,384
Ditmars Steinway$2,764$2,225$3,000$3,825
Downtown$3,648$4,653$6,588$11,000
Dumbo$3,771$5,000$7,200$7,548
East Elmhurst*$2,350$2,850*
East Flatbush$2,299$2,500$2,800$3,450
East Harlem$2,700$2,725$3,050$4,948
East New York**$2,625$3,275
East Village$2,900$3,945$4,873$6,845
East Williamsburg$3,875$3,400$3,500$4,350
Elmhurst$1,980$2,200$3,195$3,200
Financial District$3,837$4,838$6,720$8,195
Flatbush$2,400$2,598$2,925$3,500
Flatiron District$4,739$5,660$10,488$20,000
Flatlands*$2,200$3,152$3,325
Flushing$1,788$2,158$3,750*
Forest Hills$2,697$2,650$3,190$3,725
Fort George$2,373$2,498$2,752$3,100
Fort Greene$3,267$3,700$4,500$6,500
Fort Hamilton$1,648$2,100*$3,448
Garment District$3,368$4,373$5,920*
Glendale**$3,025$3,847
Gowanus$3,475$3,750$3,763$5,713
Gramercy$3,550$4,495$6,563$12,000
Gravesend$1,813$2,995$3,250$3,000
Greenpoint$3,450$4,375$5,377$5,800
Greenwich Village$3,723$5,175$7,595$20,500
Greenwood Heights*$2,800$3,513*
Harlem$2,500$2,700$3,150$4,333
Hell's Kitchen$3,500$4,210$5,975$6,413
Hudson Square*$6,471$13,625*
Inwood$2,700$2,125$2,350$3,000
Jackson Heights$2,159$2,395$2,575$3,473
Jamaica$2,448$2,755$3,346*
Kensington*$2,400$2,899$3,500
Kew Gardens$1,873$2,273$3,100$3,100
Kips Bay$3,288$4,136$5,312$7,000
Little Italy*$3,995$3,950$6,399
Long Island City$3,350$4,179$5,800$7,300
Lower East Side$3,600$3,625$4,410$6,148
Maspeth*$2,563$2,600$3,100
Midtown$3,500$4,733$6,300$8,412
Midwood*$2,499$2,977$4,742
Morningside Heights$3,813$4,100$4,695$4,995
Mott Haven*$2,500$2,550*
Murray Hill$3,400$4,331$6,060$8,500
Noho*$6,200*$20,000
Nolita*$4,150$5,495$6,488
Oakland Gardens*$2,345$2,648$3,150
Park Slope$3,500$3,499$4,688$5,934
Port Morris*$2,635$2,950*
Prospect Heights$3,250$3,900$4,200$6,995
Prospect Lefferts Gardens$2,653$2,795$2,995$3,999
Rego Park$1,900$2,800$3,200*
Ridgewood*$2,600$3,000$3,500
Riverdale$1,995$2,756$3,250$4,288
Roosevelt Island$3,585$4,209$5,875*
Sheepshead Bay$1,995$2,500$2,950$3,650
Soho$3,263$4,925$13,250$24,248
South Slope$4,125$3,497$4,163$4,700
Stuyvesant Town*$4,869$6,000$6,552
Sunnyside$2,038$2,450$3,395*
Sunset Park$2,298$2,500$3,150$3,050
Sutton Place$3,425$4,173$7,048$10,839
Theater District$4,002$4,500$7,040*
Tribeca$7,523$6,321$11,500$19,000
Two Bridges*$4,895$4,488$8,888
Upper East Side$2,950$3,825$4,850$11,995
Upper West Side$3,148$4,400$6,591$10,875
Vinegar Hill$3,850$4,542$6,450*
Washington Heights$2,194$2,523$2,845$3,625
West Village$4,250$5,075$7,595$21,000
Williamsburg$3,474$4,210$5,342$5,500
Windsor Terrace$2,600$3,400$4,200*
Woodside$2,315$2,425$3,395$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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