Average Rent in Washington Heights, New York, NY

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Current Versus Historical Washington Heights, New York, NY Rents

Washington Heights rentals average $2,450 for a studio rental to $4,012 for a 4-bedroom rental. The median price of all currently available listings is $3,395, or roughly $4 per square feet.
For the apartment units and housing in June 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $132 (-6.20%) year-over-year from $2,132 to $2,000. 1-bedroom rentals prices have increased by $285 (12.05%) year-over-year from $2,365 to $2,650. 2-bedroom rentals prices have increased by $440 (16.37%) year-over-year from $2,685 to $3,125. 3-bedroom rentals prices have decreased by $38 (-1.00%) year-over-year from $3,833 to $3,795. 4-bedroom rentals prices have increased by $160 (4.17%) year-over-year from $3,840 to $4,000. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 2.52% this month. 1-bedroom rents have gone up by 6.71% this month. 2-bedroom rents have gone up by 4.03% this month. 3-bedroom rents have gone up by 3.03% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Jun 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $6.09 $2,000 $2,132 (-6.20%) $1,650 (21.21%)
1 BR $4.00 $2,650 $2,365 (12.05%) $1,815 (46.01%)
2 BR $4.09 $3,125 $2,685 (16.37%) $2,208 (41.49%)
3 BR $3.99 $3,795 $3,833 (-1.00%) $2,693 (40.90%)
4+ BR $3.52 $4,000 $3,840 (4.17%) $3,178 (25.85%)

Historical Rents in Washington Heights, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Washington Heights

There are a total of 34 cities nearby Washington Heights. The average rent in Washington Heights is currently $3,525 per month. A total of 17 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,963, is the most affordable city nearby. In contrast, the most expensive city near Washington Heights, New York, NY is Westport, CT. Monthly rents here are on average $14,800 per month.

Let's compare Washington Heights, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Washington Heights, New York, NY is 72.45% more expensive than other cities nearby. One bedrooms are about 21.15% more expensive. Two bedrooms in Washington Heights, New York, NY are about 6.16% more expensive. Finally, rent for three bedrooms are about 10.54% more affordable. Want more information? Check out the top 10 cities out of 34 total cities near Washington Heights, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Hackensack, NJ $1,875 $2,000 $2,748 $2,200
Garfield, NJ N/A $1,725 $2,200 $2,250
West New York, NJ $1,700 $2,500 $2,650 $2,675
Union City, NJ $1,800 $2,100 $2,800 $2,800
Jersey City, NJ $2,423 $2,875 $2,650 $2,800
Fort Lee, NJ $1,950 $2,499 $3,300 $2,950
Cliffside Park, NJ N/A $2,275 $3,323 $3,350
Palisades Park, NJ N/A $1,850 $2,935 $3,700
Edgewater, NJ $2,175 $2,600 $3,700 $3,800
Hoboken, NJ $2,350 $2,925 $4,200 $3,800

Top Neighborhoods Near Washington Heights

There are a total of 53 neighborhoods in or near Washington Heights. Some of these neighborhoods include The Heights, Mott Haven, and Astoria. We've included the top 30 neighborhoods out of 53 total neighborhoods in or near Washington Heights, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Washington Heights, New York, NY is currently around $4,400 per month. A total of 11 neighborhoods have a lower average rent. Meaning, only nineteen neighborhoods have a higher average rent than $4,400. Interestingly, the neighborhoods' average rent is higher than Washington Heights's average rent, which is only $3,395. Out of all the neighborhoods in or near Washington Heights, East Side has the most affordable average rent at $1,950 per month. Whereas, at $8,000 average rent per month, Ocean Beach is the most expensive neighborhood in or near Washington Heights. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
The Heights, Jersey City, NJ N/A $2,594 $2,550 $2,795
Mott Haven, New York, NY $2,550 $3,090 $3,619 $3,095
Astoria, New York, NY $2,800 $2,800 $4,000 $3,178
East Harlem, New York, NY $3,413 $2,935 $3,195 $3,295
Central Harlem, New York, NY $2,175 $2,950 $3,648 $3,300
Harlem, New York, NY $2,688 $2,995 $3,295 $3,475
West Harlem, New York, NY $2,700 $3,000 $3,425 $3,650
NoHo, New York, NY $4,000 $4,125 $7,875 $4,150
Long Island City, New York, NY $3,255 $4,187 $6,027 $4,172
Upper East Side, New York, NY $2,850 $3,600 $4,750 $4,195
Bowery, New York, NY $2,800 $3,499 $4,300 $4,199
Murray Hill, New York, NY $3,550 $4,550 $5,895 $4,400
NoLita, New York, NY $3,480 $4,495 $5,795 $4,495
Hell's Kitchen, New York, NY $3,715 $4,440 $5,625 $4,695
Greenpoint, New York, NY $3,667 $4,300 $5,550 $4,700
West Village, New York, NY $4,313 $4,650 $5,995 $4,795
Greenwich Village, New York, NY $4,100 $5,000 $4,995 $4,840
Upper West Side, New York, NY $3,450 $4,375 $6,875 $4,900
East Village, New York, NY $2,871 $3,695 $4,890 $4,900
Midtown East, New York, NY $3,400 $4,600 $5,595 $4,913
Flatiron District, New York, NY $4,150 $5,900 $9,375 $4,948
Kips Bay, New York, NY $3,850 $4,175 $5,495 $4,995
Williamsburg, New York, NY $3,905 $4,723 $4,800 $4,999
Midtown South, New York, NY $3,525 $5,034 $7,745 $5,000
Chelsea, New York, NY $4,073 $5,492 $8,065 $5,297
Hudson Yards, New York, NY $3,993 $5,175 $7,352 $5,390
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,047 $6,075 $5,429
NoMad, New York, NY $4,420 $5,589 $8,567 $5,596
Midtown, New York, NY $3,604 $4,634 $6,895 $5,663
Gramercy Park, New York, NY $3,760 $5,091 $5,495 $5,895

Top Counties Near Washington Heights

There are a total of 53 counties located by Washington Heights, New York, NY. Some of these counties include Clifton, NJ, West New York, NJ, and Jersey City, NJ. The average rent for rentals in these counties is $3,900. That's roughly around $3 per sqft. A total of 16 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,963. Vice versa, with an average rent of $14,800, Westport, CT is the most expensive county by Washington Heights, New York, NY.

Typically, rent for studios in Washington Heights, New York, NY is 44.90% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Washington Heights, New York, NY is 3.88% more expensive than other counties nearby. Finally, rent for two bedrooms in Washington Heights, New York, NY is 5.51% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Clifton, NJ N/A $1,850 $2,250 $2,350
West New York, NJ $1,700 $2,500 $2,650 $2,675
Jersey City, NJ $2,423 $2,875 $2,650 $2,800
North Bergen, NJ N/A $2,000 $3,085 $2,925
Fort Lee, NJ $1,950 $2,499 $3,300 $2,950
Bronx, New York, NY $2,487 $2,665 $3,400 $3,090
Cliffside Park, NJ N/A $2,275 $3,323 $3,350
Palisades Park, NJ N/A $1,850 $2,935 $3,700
Hoboken, NJ $2,350 $2,925 $4,200 $3,800
Manhattan, New York, NY $3,650 $4,500 $5,593 $4,700

Top Zipcodes Near Washington Heights

There are a total of 50 zipcodes in or near Washington Heights, New York, NY. The average rent for all of these zipcodes is $4,557. A total of 5 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 07756, Ocean Grove, NJ at $2,700 per month. In comparison, the zipcode with the most expensive average rent of $8,500 per month is 07762, Spring Lake Heights, NJ.

Studios in these zipcodes have an average rent of $3,417. That's at least $8 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Washington Heights, New York, NY is $4,198 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,445 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in Washington Heights, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10032, New York, NY $6,250 $2,297 $2,650 $3,675
10031, New York, NY $2,650 $2,899 $3,400 $3,600
10027, New York, NY $2,475 $3,198 $3,275 $3,300
10025, New York, NY $3,350 $3,925 $5,395 $4,595
10024, New York, NY $3,295 $4,298 $7,200 $5,300
10029, New York, NY $3,650 $2,695 $3,195 $3,295
10128, New York, NY $3,225 $3,998 $5,498 $4,200
10028, New York, NY $2,650 $3,075 $4,195 $3,948
10075, New York, NY $2,475 $3,000 $4,750 $3,425
10023, New York, NY $3,695 $4,750 $9,047 $5,200

Frequently Asked Questions - Washington Heights Average Rents

What is the average rent price in Washington Heights, New York, NY?
The average monthly rental price for Washington Heights, New York, NY apartments for rent is approximately $3,395. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Washington Heights, New York, NY rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Washington Heights, New York, NY.
How much is a studio apartment in Washington Heights, New York, NY?
The average monthly rental price for studio apartments is $2,450 and an average price per square feet of $6.09. There are a total of 10 studio apartment listings currently available for rent in Washington Heights.
How much is a one bedroom apartment in Washington Heights, New York, NY?
The average monthly rental price for one bedroom apartments is $2,600 and an average price per square feet of $4.00. There are a total of 31 one bedroom apartment listings currently available for rent in Washington Heights.
How much is a two bedroom apartment in Washington Heights, New York, NY?
The average monthly rental price for two bedroom apartments is $3,149 and an average price per square feet of $4.09. There are a total of 17 two bedroom apartment listings currently available for rent in Washington Heights.
How have rent prices in Washington Heights, New York, NY changed this year?
Rent prices for rentals in Washington Heights, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by -0.06%, one bedroom rental prices have changed by 0.12%, two bedroom rental prices have changed by 0.16%, and three bedroom rental prices have changed by -0.01% year-over-year.
What is a reasonable rent price in Washington Heights, New York, NY?
A reasonable rent price in Washington Heights, New York, NY is around $2,716/month. You can search for these reasonably priced rental listings on RentHop.
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